on Sintana Energy Inc. (CVE:SEI)
Sintana Energy Announces Vesting of Restricted Share Units
Sintana Energy Inc. has reported the vesting of 4,200,000 restricted share units (RSUs) granted to directors and service providers. On June 27, 2026, these RSUs were converted into common shares by several key individuals in the company.
Among those converting their RSUs, Keith Spickelmier and Douglas Manner each converted 600,000 RSUs, resulting in holdings of 7,152,500 and 5,795,558 shares, or 1.28% and 1.03% of the company, respectively. Knowledge Katti and Robert Bose also converted 600,000 RSUs each, now holding 23,090,001 and 27,427,368 shares, amounting to 4.12% and 4.89% stakes.
As part of the conversion, Sean Austin increased his holdings to 9,175,000 shares, or 1.64% of the company. The new RSUs will be listed on AIM and TSX, with admission expected by July 3, 2026. Following this, the total share capital of Sintana will comprise 560,432,493 shares.
R. P.
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