Oberon Investments expands employee share plan, directors increase stakes

Published 08/05/2025, 16:36
Oberon Investments expands employee share plan, directors increase stakes

LONDON - Oberon Investments Group PLC (AQSE:OBE) has disclosed transactions under its Share Incentive Plan (SIP) involving the acquisition and allocation of shares for company employees, including directors. The SIP Trustees, Global Shares Trustees (UK) Limited, purchased 114,660 Partnership Shares on May 6, 2025, at a price of £0.047 per share, amounting to a total cost of £5,389.02. These shares were allocated to employees who participated in the SIP during April 2025.

Simultaneously, the SIP Trustees acquired an equal number of Matching Shares at the same price and cost, which were also distributed to participating employees on a one-to-one basis with their Partnership Shares.

Directors Marcia Manarin and Adam Herringer were among the participants in the April 2025 SIP. Post the recent SIP transactions, both directors now hold a total of 82,490 Ordinary Shares each, representing 0.01% of the company’s share capital. Additionally, Herringer holds options for 1,222,654 shares that have not been lapsed or exercised.

The transactions were conducted in compliance with the EU Market Abuse Regulation as it continues to be part of UK law post-Brexit. The directors of Oberon have taken responsibility for the contents of this announcement.

These share acquisitions under the SIP demonstrate Oberon Investments Group’s commitment to aligning the interests of its employees with those of its shareholders. The information for this report is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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