Georgina Energy Issues Performance Shares to Directors
Why we think this is neutral
This RNS announcement is about the issue of performance shares to the company's directors, which does not contain any financial or operational updates that would significantly impact the company's performance. The news is neutral in nature.
Key Points
- Georgina Energy plc has issued 6,500,000 performance shares to Westmarket Corporation Pty Ltd, a company owned equally by directors Anthony Hamilton and Mark Wallace
- The performance shares were issued following the increased mineral resource estimate of the company's EP513 asset
- The performance shares formed part of the total consideration for Georgina Energy plc at the time of the company's reverse takeover
Summary
The energy company has issued performance shares to its directors following an increase in mineral resource estimate.
Georgina Energy plc has issued 6,500,000 performance shares to Westmarket Corporation Pty Ltd, a company owned equally by the company's directors Anthony Hamilton and Mark Wallace. The performance shares were issued following the increased mineral resource estimate of the company's EP513 asset, as reported on 17 October 2025. The performance shares formed part of the total consideration for Georgina Energy plc at the time of the company's reverse takeover.
Key Dates
18 April 2025
Admission of 6,500,000 new ordinary shares to trading
DIRECTOR DEALINGS