STX strike energy limited

Ann: Appendix 3Y - S Nicholls, page-10

  1. 5,636 Posts.
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    If you look in the Annual Report it explains how it is all calculated and the calculation of number of share's is full of fluff metrics as below and nothing to do with the share price. Share price is only used to calculate the number of share's allocated so if it was 40c he'd probably would have received double.



    Safety & Environment 10%

    Corporate 5%

    Domestic Gas Business 35%
    Stable production at Walyering, which includes targets for total
    production, average production rate, operational costs, plant availability
    and maintenance.
    Gas marketing targets for short term trading.
    Keeping exploration permits in good standing.

    Energy Developments 45%
    Progression of gas acceleration strategy through the final investment
    decisions of the West Erregulla project and South Erregulla gas fired
    power station.

    Sustainability & Carbon Neutral 2030 5%
    Progressing opportunities for the low carbon manufacturing precinct to
    build towards the Company’s Net Zero 2030 target.
 
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