Harbour Energy PLC has announced the vesting of a Conditional Share Award (CSA) for Alexander Krane, the Chief Financial Officer. The CSA, granted in accordance with the Company's Remuneration Policy and under the terms of the 2017 Long Term Incentive Plan, saw 297,723 shares vesting at a market price of £2.758. Of these, 153,179 shares were sold to cover statutory deductions, while 144,544 shares were retained by Krane.
The transaction details, provided in accordance with the requirements of Article 19(3) of MAR, indicate that the vesting of the CSA and the subsequent sale of shares to cover tax were the nature of the transaction. The shares were sold at a price of £2.758, resulting in a total value of £422,467.68. The transaction took place on April 2, 2024, and was conducted through Supplied Euroland.com.
For further information, Harbour Energy PLC can be contacted at 020 7730 1111, and enquiries can be directed to Elizabeth Brooks, Head of Investor Relations, and Rachel Rickard, Company Secretary. Additionally, Brunswick Group can be reached through Patrick Handley at 07974 982395 and Will Medvei at 07823 527148.