New Avance Gas chief executive Kristian Sorensen has been given an incentive to boost the company's share price through an award of stock options.
The Oslo-listed VLGC company said the chief executive, who joined on 1 April, has been given options for 750,000 shares in connection with his appointment.
The options will have a five-year term.
The first 200,000 vest after 12 months at a subscription price of NOK 41.50
