OceanPact Caps Share Awards, Options Under New Compensation Plan at 3% of Share Capital
OceanPact's third share-based compensation plan caps combined share awards and stock options at 3% of share capital at grant. Option exercise prices must equal at least the average share price over the 40 trading sessions preceding the grant approval reference date. Options require a minimum two-year vesting period, with exercise deadlines no later than seven years from grant. The plan replaces its predecessor, approved April 10, 2025; existing programs remain effective, with earlier grants excluded from the cap. Option exercises may be settled through newly issued or treasury shares, without shareholder preemptive rights. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oceanpact Servicos Maritimos SA published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein. (C)