LTIP

VEON Announces Vesting of Conditional Award to Group CEO Kaan Terzioglu

Retrieved on: 
Thursday, September 12, 2024

Amsterdam, 12 September 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the vesting of a conditional incentive award (the “Conditional Award”) to its Group Chief Executive Officer, Kaan Terzioglu.

Key Points: 
  • Amsterdam, 12 September 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the vesting of a conditional incentive award (the “Conditional Award”) to its Group Chief Executive Officer, Kaan Terzioglu.
  • On 10 January 2024, Kaan Terzioglu was granted a Conditional Award under the LTIP, comprising 3,201,250 common shares in VEON Ltd and subject to performance targets.
  • The performance targets set out in the award agreement have been successfully met, resulting in the vesting of the award on 30 July 2024.
  • Under the original terms, the common shares under the Conditional Award were scheduled to be released to Mr. Terzioglu within 30 days of vesting.

Director / PDMR Shareholding

Retrieved on: 
Friday, August 30, 2024

Clare Kinahan, Chief HR Officer, exercised 61,788 vested nil-cost share options granted under the 2014 Long Term Incentive Plan ("LTIP"). Upon exercise, a proportion of the vested award was sold to pay the tax liability arising upon exercise, while the remainder was retained.

Key Points: 

Clare Kinahan, Chief HR Officer, exercised 61,788 vested nil-cost share options granted under the 2014 Long Term Incentive Plan ("LTIP"). Upon exercise, a proportion of the vested award was sold to pay the tax liability arising upon exercise, while the remainder was retained.

Electra Announces Voting Results of its 2024 Annual Meeting of Shareholders

Retrieved on: 
Tuesday, August 13, 2024

At the Meeting, shareholders also approved the 2022 amended and restated LTIP (the “2022 Amended and Restated LTIP”).

Key Points: 
  • At the Meeting, shareholders also approved the 2022 amended and restated LTIP (the “2022 Amended and Restated LTIP”).
  • Shareholders also approved the Employee Share Purchase Plan for the Company (the “ESP Plan”).
  • The ESP Plan was last approved by shareholders on October 24, 2023 and the ESP Plan Resolution does not amend the ESP Plan.
  • The 2022 Amended and Restated LTIP and ESP Plan were conditionally approved by the TSX Venture Exchange (the “TSXV”) on June 25, 2024 and remain subject to final acceptance of the TSXV.

AtkinsRéalis Reports Strong Second Quarter Results

Retrieved on: 
Friday, August 9, 2024

MONTREAL, Aug. 9, 2024 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, today announced its financial results for the second quarter ended June 30, 2024.

Key Points: 
  • MONTREAL, Aug. 9, 2024 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, today announced its financial results for the second quarter ended June 30, 2024.
  • AtkinsRéalis delivered strong Q2 results, with significant year-over-year increases in Revenue, Segment Adjusted EBIT, Net Income and EPS.
  • Note that the net income and EPS were impacted in the quarter by a strong share price appreciation, increasing the Company's compensation costs.
  • "We concluded the first half of the year with another strong quarter, delivering significant year-over-year revenue growth and margin expansion.

Koryx Copper Intersects 72 METERS at 0.38% CuEq; 80 Meters at 0.34% CuEq, Extending Limits of Mineralization at Haib Copper Project, Southern Namibia

Retrieved on: 
Thursday, August 8, 2024

VANCOUVER, British Columbia, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Koryx Copper Inc. ("Koryx" or “the Company") (TSX-V: KRY) announces the sixth and final batch of assay results from the H1-2024 drill program at its Haib Copper project in southern Namibia.  

Key Points: 
  • CuEq (copper equivalent) has been used to express the combined value of copper and molybdenum and is provided for illustrative purposes only.
  • This encouraging mineralisation close to surface supports the Target1 area as a good target for early mining.
  • Drillhole HM44 is positioned between Target1 and Target2 and assays show that the shallow Target1 mineralisation extends across this area into Target2.
  • Grades are lower than seen in Target1 but are less variable and consistently above 0.3% Cu.

Stantec reports strong second quarter 2024 results and backlog of $7.2 billion

Retrieved on: 
Wednesday, August 7, 2024

EDMONTON, Alberta and NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three months ended June 30, 2024.

Key Points: 
  • Net revenue increased 16.8% or $214.6 million, to $1.5 billion, primarily driven by 8.8% acquisition and 7.1% organic net revenue growth.
  • Contract backlog increased to $7.2 billion at June 30, 2024, reflecting 8.2% acquisition growth and 3.0% organic growth from December 31, 2023.
  • On August 7, 2024, the Company's Board of Directors declared a dividend of $0.21 per share, payable on October 15, 2024, to shareholders of record on September 27, 2024.
  • Operating cash flows increased $69.5 million or 102.7%, with cash inflows of $137.2 million, reflecting strong operational performance and collection efforts.

Vital Energy Reports Second-Quarter 2024 Financial and Operating Results

Retrieved on: 
Wednesday, August 7, 2024

TULSA, OK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported second-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, August 8, 2024. Participation details can be found within this release.

Key Points: 
  • TULSA, OK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported second-quarter 2024 financial and operating results.
  • 1Non-GAAP financial measure; please see supplemental reconciliations of GAAP to non-GAAP financial measures at the end of this release.
  • Vital Energy continues to organically increase its high-return development inventory, demonstrating the ability to utilize horseshoe drilling technology across its leasehold.
  • During the third quarter of 2024, Vital Energy plans to operate four drilling rigs and two completions crews, and TIL 16 wells.

BW LPG Limited – Accelerated Vesting of LTIP 2022 Options

Retrieved on: 
Monday, July 15, 2024

In 2022, the Board of Directors of BW LPG Limited ("BW LPG", the "Company", OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP”) established a long-term incentive plan (the "LTIP 2022") for the senior management and key employees of the Company.

Key Points: 
  • In 2022, the Board of Directors of BW LPG Limited ("BW LPG", the "Company", OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP”) established a long-term incentive plan (the "LTIP 2022") for the senior management and key employees of the Company.
  • Details of LTIP 2022 can be found at:
    Following a three-year vesting period, the first tranche of share options granted on 1 March 2022 (“Share Options 2022”) under LTIP 2022 is scheduled to vest on 1 March 2025.
  • With the dividend-adjusted strike price now less than NOK 1, the Company’s Board of Directors has decided to grant an accelerated vesting for the 503,889 outstanding options under Share Options 2022 for the relevant participants.
  • With five decades of operating experience in LPG shipping, an in-house LPG trading division and a growing presence in LPG terminal infrastructure and distribution, BW LPG offers an integrated, flexible, and reliable service to customers along the LPG value chain.

MONTAGE GOLD ANNOUNCES EXECUTIVE INCENTIVE PLAN MILESTONES

Retrieved on: 
Tuesday, July 2, 2024

VANCOUVER, BC, July 2, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce the milestones linked to its 2024 Executive Short-Term Incentive Plan ("STIP") and Long-Term Incentive Plan ("LTIP").

Key Points: 
  • VANCOUVER, BC, July 2, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce the milestones linked to its 2024 Executive Short-Term Incentive Plan ("STIP") and Long-Term Incentive Plan ("LTIP").
  • Following the Annual General and Special Meeting of Shareholders held in June 2024, the newly formed Compensation Committee designed the incentive programme with the goal of aligning executive compensation with corporate achievements that will drive stakeholder value creation.
  • The 2024 performance-based objectives provide clear, measurable, and transparent targets, which will be further detailed in next year's Management Information Circular.
  • The PSUs and options granted are in accordance with the Company's omnibus equity incentive plan.

Notification Of Share-Based Compensation Transactions

Retrieved on: 
Friday, June 28, 2024

Application will be made for these 24,909 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc.

Key Points: 
  • Application will be made for these 24,909 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc.
  • Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 219,412,747 after giving effect to this issuance of new Shares.
  • On March 22, 2024, new grants of unvested Shares (50% of which are subject to performance conditions) were made to members of Burford's management committee under the LTIP as part of Burford's usual annual compensation cycle.
  • The Notification of Dealing Forms for the adjustment are included at the end of this announcement.