stock options They better not issue themselves stock options in March this year
they have done nothing to earn any kind of a bonus
closed the shallow in may and still nothing
this is exactly why they dont buy shares because they dont have too with free safe options
The stock options are exercisable for a period of seven years at an exercise price of C$0.52 per share and will vest over a period of three years. The stock options were granted in accordance with the terms of the Company’s stock option plan, which has been approved by the Company’s shareholders and the TSX.
Certain persons discharging managerial responsibilities (“PDMR”) were recipients of stock options as detailed below.
| PDMR | Position | Volume |
| Sean Guest | Executive Director, President and Chief Executive Officer | 550,000 |
| Heather Campbell | Chief Financial Officer | 330,000 |
| Gordon Begg | Vice President, Commercial | 275,000 |
| Rob Sadownyk | Vice President, Exploration | 220,000 |
| Tim Marchant | Non-Executive Chairman | 100,000 |
| Tim Chapman | Non-Executive Director | 100,000 |
| Russell Hiscock | Non-Executive Director | 100,000 |
| Jim McFarland | Non-Executive Director | 100,000 |
| Ron Royal | Non-Executive Director | 100,000 |
| Kimberley Wood | Non-Executive Director | 100,000 |
Calgary, March 19, 2020: Valeura Energy Inc. (TSX:VLE, LSE:VLU) (“Valeura” or the “Company”), the upstream natural gas company focused on the Thrace Basin of Turkey, announces that on March 17, 2020 it issued an aggregate of 2,795,000 incentive stock options to a number of employees, officers, directors, and consultants, including an individual engaged in investor relations activities on behalf of the Company. The stock options are exercisable for a period of seven years at an exercise price of C$0.25 per share and will vest over a period of three years. The stock options were granted in accordance with the terms of the Company’s stock option plan, which has been approved by the Company’s shareholders and the TSX.
Certain persons discharging managerial responsibilities (“PDMR”) were recipients of stock options as detailed below.
| PDMR | Position | Volume |
| Sean Guest | Executive Director, President and Chief Executive Officer | 550,000 |
| Heather Campbell | Chief Financial Officer | 325,000 |
| Peter Sider | Chief Operating Officer | 325,000 |
| Gordon Begg | Vice President, Commercial | 325,000 |
| Rob Sadownyk | Vice President, Exploration | 220,000 |
| Tim Marchant | Non-Executive Chairman | 100,000 |
| Russell Hiscock | Non-Executive Director | 100,000 |
| Jim McFarland | Non-Executive Director | 100,000 |
| Ron Royal | Non-Executive Director | 100,000 |
| Kimberley Wood | Non-Executive Director | 100,000 |