Business

Seplat Energy awards MD Roger Brown shares worth N14.644 billion under LTIP 

Seplat Energy Plc has announced that share awards have been granted to the company’s Managing Director, Mr. Roger Brown under its Long-Term Incentive Plan (LTIP). 


The vested shares awarded to Roger Brown between 2014 and 2022 were 4,943,445 units at 2962.30 per share valued at N14.644 billion subject to statutory deductions. 


According to the company’s notice to Nigerian Exchange Limited seen by Nairametrics, Brown will hold 4,006,168 units of shares, after statutory deductions of 937,278 ordinary shares at N 2,962.30 per share.