RE: RNS- Block Listing Application11 Aug 2025 18:16
A quick google -
SIMEC Atlantis Energy Limited 2023 Long Term Incentive Plan is the company's new long-term incentive scheme, adopted after the expiry of its previous plan in December 2023. This plan allows for share option awards to key management and employees, which vest over time to align their interests with shareholders and motivate them to drive the business forward. As of January 2024, the company has already granted over 10 million LTIP options under this plan to its CEO and CFO, as well as other key personnel. The company is also preparing to issue new shares under the plan to support its strategic initiatives.