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Rockhopper Exploration announces long term incentive plan


Published Mar 12, 2014
Rockhopper Exploration plc

Rockhopper Exploration announces that on 10 March 2014, Stewart MacDonald, who has joined the Company as Chief Financial Officer, was granted an option over 201,117 Shares in the Company under the terms of the Company's Long Term Incentive Plan (LTIP) which was approved by shareholders at the Annual General Meeting held on Thursday 26 September 2013 (the "AGM").

The award is structured as a nil-cost option and will normally vest on 31 March 2016 subject to continued employment. The percentage of awards which will vest will be dependent on total shareholder return measured against a peer group of companies over a three year period ending 31 March 2016.

Tags: Rockhopper Exploration plc




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