Metlen Energy & Metals grants share awards to executives

Metlen Energy & Metals PLC has granted share awards to 14 executives and directors, totaling 220,505 ordinary shares under its Omnibus Plan. CEO Christos Gavalas received the largest allocation of 57,651 shares, while CFO Fotini Ioannou received 34,590 shares. The awards are subject to performance conditions and continued employment over a three-year period, with performance targets based on adjusted earnings per share and total shareholder return against FTSE 100 constituents. The shares cannot be sold by executives for five years after vesting.

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