Oxford Instruments Plc Director/PDMR Shareholding
September 27 2023 - 10:19AM
UK Regulatory
TIDMOXIG
27 September 2023
Oxford Instruments plc (the "Company")
Director/PDMR shareholding
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
On 25 September 2023 Executive Director and Chief Financial Officer, Gavin Hill,
was granted an award of nominally priced options of £0.05, over 36,697 ordinary
shares of £0.05, under the Oxford Instruments plc Long Term Incentive Plan (the
"LTIP").
The award will ordinarily vest and become exercisable as from 31 July 2026,
subject to the grantee's continued service and to the extent to which the
performance conditions are met. Dividend equivalents will also be awarded, which
will accrue during the performance period and for two years after the award
vests. Once exercisable, an award shall ordinarily remain exercisable until the
eve of the tenth anniversary of the grant date of the award. No consideration
was paid for the grant of the award and consideration of £0.05 per share is due
on the exercise of the award. The award was made based on a share price of
£21.80.
The Company makes this announcement, including the notification below, in
accordance with the requirements of the EU Market Abuse Regulation (as it forms
part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
+--+----------------------------+-------------------------------------------+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities/person |
| |closely associated |
+--+----------------------------+-------------------------------------------+
|a)|Name |Gavin Hill |
+--+----------------------------+-------------------------------------------+
|2 |Reason for the notification |
+--+----------------------------+-------------------------------------------+
|a)|Position/status |Chief Financial Officer and PDMR |
+--+----------------------------+-------------------------------------------+
|b)|Initial |Initial notification |
| |notification/Amendment | |
+--+----------------------------+-------------------------------------------+
|3 |Details of the issuer, |
| |emission allowance market |
| |participant, auction |
| |platform, auctioneer or |
| |auction monitor |
+--+----------------------------+-------------------------------------------+
|a)|Name |Oxford Instruments plc |
+--+----------------------------+-------------------------------------------+
|b)|LEI |213800J364EZD6UCE231 |
+--+----------------------------+-------------------------------------------+
|4 |Details of the |
| |transaction(s): section to be |
| |repeated for (i) each type of |
| |instrument; (ii) each type of |
| |transaction; (iii) each date; |
| |and (iv) each place where |
| |transactions have been |
| |conducted |
+--+----------------------------+-------------------------------------------+
|a)|Description of the financial|Options to acquire ordinary shares of £0.05|
| |instrument, type of |each in Oxford Instruments plc |
| |instrument | |
| | |GB0006650450 |
| |Identification code | |
+--+----------------------------+-------------------------------------------+
|b)|Nature of the transaction |Award of nominally priced options of £0.05 |
| | |under the Oxford Instruments plc Long Term |
| | |Incentive Plan. |
+--+----------------------------+-------------------------------------------+
|c)|Price(s) and volume(s) | |
| | |+--------+---------+ |
| | ||Price(s)|Volume(s)| |
| | |+--------+---------+ |
| | ||N/A |36,697 | |
| | |+--------+---------+ |
+--+----------------------------+-------------------------------------------+
|d)|Aggregated information |36,697 |
| | | |
| |- Volume |N/A |
| | | |
| |- Price |N/A |
| | | |
| |- Total | |
+--+----------------------------+-------------------------------------------+
|e)|Date of the transaction |25 September 2023 |
+--+----------------------------+-------------------------------------------+
|f)|Place of the transaction |Outside of a trading venue |
+--+----------------------------+-------------------------------------------+
Enquiries:
Sarah Harvey
Company Secretary
+44 (0) 1865 393448
This information was brought to you by Cision http://news.cision.com
END
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