Enteq Technologies make Performance Share Plan awards

Enteq Technologies plc (LON:NTQ), the energy services technology and equipment supplier has announced that its Remuneration Committee has approved a grant of awards under its Performance Share Plan effective on 20 October 2023.

This grant has a vesting date of 20 October 2026. The vesting performance condition relates to the achievement of a total shareholder return target over the period to 31 March 2026. This target is set and monitored by the Remuneration Committee. The consideration payable for these awards on exercise is 1 pence per ordinary share in the Company. Under the terms of the PSP these awards are subject to claw back and malus provisions, and no holding period.

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