on Petrofac Limited (isin : GB00B0H2K534)
Petrofac's CEO Tareq Kawash Acquires Shares Through Deferred Bonus Plan
Petrofac Limited has announced that Group Chief Executive Tareq Kawash has acquired 357,398 ordinary shares of the company. These shares were vested on 17 March 2025 under the Petrofac Deferred Bonus Plan. This acquisition originated from an award on 3 May 2023. As a result, Mr. Kawash now holds a total of 378,270 shares. This represents approximately 0.071% of the company's total voting rights.
To meet tax obligations related to this vesting, Kawash sold 168,281 shares at 6.5875 pence per share. Petrofac has a total of 528,874,000 shares issued, each with voting rights. The company does not hold any treasury shares.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Petrofac Limited news