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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 by MSN   Print publication without navigation

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,

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 ]

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