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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Enteq Technologies plc

More articles like this

Enteq Technologies plc

Geothermal power surges globally with 3% capacity increase

Amid the growing clamor for sustainable and clean energy sources, geothermal power has marked a significant milestone. Recent data reveals a 3% increase in global geothermal electricity-generating capacity in 2013, with the United States, the Philippines,

Enteq Technologies plc

Kenya’s ambitious plans for Geothermal Energy expansion

Kenya isn’t exactly known for its bountiful thermal spas — but the East Africa nation has ambitious plans to expand geothermal energy sources for eco-friendly electricity. The Great Rift Valley — a geological formation running 6,000 kilometers (3,729

Enteq Technologies plc

Geothermal proposals in Spain and Gran Canaria

Following the award of EUR 120 million in funding for geothermal proposals in Spain by the the Ministry for the Ecological Transition and the Demographic Challenge (MITECO) which was announced in November 2023, multiple announcements have

Enteq Technologies plc

Opportunities of geothermal energy

Amid all the wonders of Iceland – the silver waterfalls and powerful geysers, the black sand beaches and the vast green tundra – the island’s ability to heat more than 90 per cent of its homes