Oxford Instruments Plc - Director/PDMR Shareholding
September 27 2023 - 10:19AM
PR Newswire (US)
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
notification/Amendment
|
Initial
notification
|
|
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 instrument, type of instrument
Identification
code
|
Options to
acquire ordinary shares of £0.05 each in Oxford Instruments
plc
GB0006650450
|
|
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
-
Volume
-
Price
-
Total
|
36,697
N/A
N/A
|
|
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
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