Karoon Energy Issues New Employee Incentive Securities

Karoon Energy Ltd (AU:KAR) has released an update.

Karoon Energy Ltd has announced the issuance of new unquoted equity securities, specifically performance rights, which are set to expire in December 2025 and December 2027. A total of 3,014,656 performance rights will be issued as part of the company’s employee incentive scheme. These securities are not currently listed on the ASX and are subject to transfer restrictions.

For further insights into AU:KAR stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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