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PGE invites employees to own more than 252 million company shares through MESOP

MESOP is a form of company commitment aimed at increasing employees’ sense of belonging to the company

Jakarta (MidLand) – PT Pertamina Geothermal Energy Tbk (PGE) offers 252,159,200 shares at a price of IDR 648 per share to employees through Stock option program for managers and employees (MESOP) Phase I to increase employees’ sense of belonging to the company.

“MESOP is a form of corporate commitment aimed at increasing employees’ sense of belonging to the company so that together we can achieve the best business performance in a sustainable way,” PGE President and Director Julfi Hadi said in Jakarta on Tuesday.

With this sense of ownership, he hopes that employees can work together and create better synergies to make PGE more and more at the forefront of managing renewable energy potential in Indonesia until it is recognized as a world-class environmentally friendly company. world.

He further stated that the implementation of Phase I of MESOP is in line with the company policy and Regulation of the Financial Services Authority (POJK) Number 3 of 2014, which states that the employee share ownership program is an effort for employees to have the opportunity to own a business. resources.

Read also: PGE announces the appointment of its new financial director

Read also: Yuanta Securities: PGEO has positive potential amid energy transition

PGE Chief Financial Officer Yurizki Rio hopes that the implementation of Phase I of MESOP will increase the loyalty and performance of employees and management, as well as strengthen the company’s capital.

“We hope that the MESOP Phase I program can increase employee motivation and commitment so that they are able to deliver good performance and have a good impact on the company’s operations and development,” he said.

In addition to the MESOP implementation, PGE also made an initial stock offering (initial public offering/IPO) with a raised value of IDR 9,056 trillion to strengthen capital.

PGE has also issued green bonds (green bond) in the global market which managed to record a turnover of 400 million US dollars on 27 April 2023.

Read also: PGE builds PLTP Lumut Balai Unit 2 to advance geothermal potential

Read also: PGE says geothermal energy is the renewable energy with the greatest potential

Pewarta: Uyu Septiyati Liman
Editor: And Salim
Copyright © MidLand 2024

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