Pensana to issue equity for incentive awards to employees

Published 18/06/2025, 11:26
Pensana to issue equity for incentive awards to employees

LONDON - Pensana Plc (LSE:PRE) announced it will issue 3,943,750 new ordinary shares related to employee incentive programs, according to a press release statement issued Wednesday.

The equity issuance includes 1,043,750 shares for vested FY2024 long-term incentive awards and 2,900,000 shares for short-term incentive awards granted to senior management and employees.

The company has applied for the new shares to be admitted to the Official List and to trading on the Main Market of the London Stock Exchange (LON:LSEG), with admission expected around 08:00 on June 20, 2025.

Following this issuance, Pensana’s total issued share capital will consist of 299,171,989 ordinary shares, with no shares held in treasury. The total number of voting rights will equal the number of issued shares.

The company noted that shareholders may use this updated figure as the denominator for calculations to determine if they need to notify their interest in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

Pensana identified the information in its announcement as inside information under Market Abuse Regulations.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.