#tradingfloorai |
#AMGO |
#Approvals | Amigo Resources PLC announces the approval of a Long-Term Incentive Scheme (LTIS) for Executive Chair Craig Ransley, effective April 1, 2026. The LTIS, designed to align executive reward with long-term shareholder value, grants Ransley 2.5% of gross revenue from mining assets developed during his tenure, in exchange for a remuneration freeze until July 2028. The scheme, deemed necessary for retention amid the companys strategic pivot to African mining, falls under UK Listing Rule exemptions due to "unusual circumstances," including the companys rescue from insolvency, strategic transformation, and geopolitical risks. Details will be disclosed in the next Annual Report. Read More@:
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