Predator Oil & Gas Holdings Plc has announced the issuance of new ordinary shares to its executive directors. The shares were awarded in recognition of the directors' work in bringing forth the company's drilling program in Morocco and achieving successful drilling results. Paul Griffiths, the Executive Chairman, and Lonny Baumgardner, both received an award of 1,329,787 shares each, representing 50% of their overall bonus related to the drilling program. The remaining 50% of the bonus can be received in additional shares or cash at the directors' discretion. The shares will be admitted to listing on the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities on December 7, 2023. After the issuance, the company's issued share capital will be 565,161,662 shares with one vote per share.