The Managing Director of Seplat Energy Plc, Roger Brown, has been awarded shares under the company’s Long-Term Incentive Plan. This was disclosed in a document filed with the Nigeria Exchange Group and signed by the Company Secretary, Edith Onwuchekwa on Tuesday. Brown was granted 4,943,445 units of vested shares, valued at N14.644bn for 2962.30 per share between 2014 and 2022 subject to statutory deductions. “Following statutory deductions of 937,278 ordinary shares at a price of N 2,962.30 per share, Brown will have 4,006,168 units of shares. PUNCH had reported that the shareholders of Seplat Energy Plc commended the company’s dedication to environmental sustainability and approved the payment of US 15 cents as dividends.

Source: Punch May 22, 2024 02:19 UTC