Oxford Instruments Plc - Director/PDMR Shareholding
March 20 2024 - 11:26AM
UK Regulatory
Oxford Instruments Plc - Director/PDMR
Shareholding
PR Newswire
LONDON, United Kingdom, March 20
20 March 2024
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
18 March 2024, an award of nominally
priced options of £0.05 granted to Richard
Tyson under the Oxford Instruments plc Long Term Incentive
Plan on 14 November 2023 vested on
the basis set out in the table below. This award comprised part of
the buy-out arrangements which replaced Richard’s 2021 LTIP awards
from his previous employer, TT Electronics plc, which lapsed in
connection with his joining the Company.
|
Number
of shares granted
|
Number
of shares to vest
|
Dividend
equivalents
|
Total
number of shares to vest
|
|
27,872
|
12,237
|
1,284
|
13,521
|
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
|
Richard
Tyson
|
|
2
|
Reason
for the notification
|
|
a)
|
Position/status
|
Chief
Executive 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
|
Vesting of
award of nominally priced options of £0.05 made under the Oxford
Instruments plc Long Term Incentive Plan on 14 November 2023
(12,237) plus dividend shares received (1,284).
|
|
c)
|
Price(s)
and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.05
|
13,521
|
|
|
d)
|
Aggregated
information
-
Volume
-
Price
|
13,521
£0.05.
Market value £20.80 per share
|
|
e)
|
Date of
the transaction
|
18 March
2024
|
|
f)
|
Place of
the transaction
|
Outside of
a trading venue
|
Enquiries:
Sarah Harvey
Company
Secretary
sarah.harvey@oxinst.com
Oxford Instruments (LSE:OXIG)
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