Cadence Minerals grants share options to top executives

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Cadence Minerals grants share options to top executives

//business-finance.news-articles.net/content/202 .. rals-grants-share-options-to-top-executives.html

Published in Business and Finance on Friday, January 17th 2025 at 8:20 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

LONDON - Cadence Minerals Plc (AIM: KDNC) has announced the awarding of share options to its top executives, a move that increases the total number of options over ordinary shares in the company. The granted options total 14,

196x130/5733 Bytes

Cadence Minerals has granted share options to its top executives as part of an incentive plan aimed at aligning their interests with those of the company's shareholders. The options, which total 12.5 million, were awarded to CEO Kiran Morzaria, Finance Director Donald Sarre, and Technical Director Andrew Suckling. These options have an exercise price of 4.5 pence per share and are exercisable over a period of 10 years. The move is intended to motivate the executives to enhance the company's performance and value, reflecting Cadence Minerals' strategy to explore and develop mineral projects globally.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/executive-leadership-and-management/cadence-minerals-grants-share-options-to-top-executives/ar-AA1xmJvy ]