Panoro Energy: Grant of Share Options
Panoro Energy ASA (PEN) · publisert 2021-05-28 05:30 · vis på NewsWeb
Transaksjoner
| Person | Rolle | Type | Volum | Pris | Dato | ISIN | Handelsplass | Tolket via |
|---|---|---|---|---|---|---|---|---|
| Mr. Julien Balkany | Chairman | other | 48 000 | – | 2021-05-27 | – | – | llm |
| Mr. Torstein Sanness | Deputy Chairman | other | 24 000 | – | 2021-05-27 | – | – | llm |
| Ms. Alexandra Herger | Board member | other | 24 000 | – | 2021-05-27 | – | – | llm |
| Ms. Hilde Ådland | Board member | other | 24 000 | – | 2021-05-27 | – | – | llm |
| Mr. Garrett Soden | Board member | other | 24 000 | – | 2021-05-27 | – | – | llm |
Vedlegg
- PEN_Award_of_Share_options_to_Board_members_28_May_2021.pdf (tekst hentet ut)
Meldingstekst
Mandatory Notification of Trades
Oslo, 28 May 2021 - Following the approval by the ordinary general meeting of
Panoro Energy ASA ("Panoro" or the "Company" with OSE Ticker: PEN) held on 27
May 2021, the Company announces an award of 144,000 granted to the Board members
("Board Options") which will vest equally over a three-year period each at the
date of the Annual General Meetings of upcoming years. Each Board Option
entitles the holder to one ordinary share in the Company. Once vested, the
options are exercisable at NOK 17.34 per share. The exercise price, as per the
guidance of the Company's Nomination Committee, has been determined using 5-day
Volume-Weighted Average Price of Panoro's share immediately preceding the date
of the 2021 ordinary general meeting. The exercise period is limited to 5 years
from the grant date i.e. 27 May 2021 and only applicable to the vested Board
Options that are eligible for exercise.
The allocation of the Board Options granted, the current shareholding and the
total number of outstanding Board options for the Board members are as follows:
Name Title Grants Shareholding in the Total number of
(Number of Company(No. of Board Options
options) shares)* Outstanding
Mr. Julien Chairman 48,000 3,582,970 48,000
Balkany
Mr. Deputy 24,000 185,289 24,000
Torstein Chairman
Sanness
Ms. Board 24,000 20,950 24,000
Alexandra member
Herger
Ms. Hilde Board 24,000 22,322 24,000
Ådland member
Mr. Board 24,000 25,408 24,000
Garrett member
Soden
\*held directly or indirectly. \
Enquiries
Qazi Qadeer, Chief Financial Officer
Tel: +44 203 405 1060
Email: investors@panoroenergy.com
About Panoro Energy
Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely a producing interest in Block-G, offshore Equatorial Guinea, the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria (held-for
-sale, subject to completion), the TPS operated assets, Sfax Offshore
Exploration Permit and Ras El Besh Concession, offshore Tunisia and
participation interest in an exploration Block 2B, offshore South Africa.
Visit us at www.panoroenergy.com
Follow us on Linkedin (https://www.linkedin.com/company/panoro-energy)
This information is subject to the disclosure requirements pursuant to section 5
-12 and section 4-2 of the Norwegian Securities Trading Act.