Star Energy Group PLC has announced the grant of awards under its Management Retention Plan (MRP) to align the interests of its Directors, Persons Discharging Managerial Responsibilities (PDMRs), and key employees with those of shareholders. The awards consist of nil-cost options over ordinary shares of the company, subject to malus and clawback, and may not be exercised or disposed of until 30 September 2024.
The awards were granted to Chief Executive Officer Chris Hopkinson and Chief Financial Officer Frances Ward. Hopkinson received 637,500 ordinary shares, while Ward received 229,688. The notification, made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, includes details of the issuer, the nature of the transaction, and the date of the transaction, which took place outside a trading venue on 1 May 2024.
This notification was made pursuant to rule 17 and Schedule 5 of the AIM Rules for Companies. For further information, interested parties can contact Star Energy Group PLC or its appointed financial institutions.