RE: Flow Test and Results26 Feb 2025 15:37
15:00
"Further information on Max Easley's appointment:
As part of Mr. Easley's appointment, he will participate in the Company's share option scheme. In order to align himself with other executives and the wider interests of shareholders, Mr. Easley is expected to receive the following:
Β· One off grant of 400,000 Restricted Stock Units under the Employee Share Ownership Plan ("ESOP") announced in October 2024
Β· 5 million options with various time based and operational vesting criteria
Β· Be eligible for ongoing standard senior executive grants under the ESOP
The Company expects to grant these awards post the publication of its Interim Financial Results that will be released by the end of this quarter. An additional announcement, including further details of their terms, will be made once they are awarded.The following details in relation to the appointment of Max Easley are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules:"
RNS 20th Feb, 2025