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Gran Tierra Energy Settles Share Options in Cash

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Gran Tierra Energy Settles Share Options in Cash

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Gran Tierra Energy ( (GTE) ) has issued an update.

Gran Tierra Energy Inc. has announced a cash settlement for vested share options under its Employee Stock Purchase Plan, involving directors Evan Hazell, David Smith, and Ronald Royal. This decision, made at the company’s discretion, avoids the issuance or transfer of common stock, aligning with the UK Market Abuse Regulation.

More about Gran Tierra Energy

Gran Tierra Energy Inc. operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is engaged in the development and management of energy resources, with a market focus on optimizing its portfolio and enhancing shareholder value.

For a thorough assessment of GTE stock, go to TipRanks’ Stock Analysis page.

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