Oxford Instruments Plc - Director/PDMR Shareholding
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Oxford Instruments Plc - Director/PDMR Shareholding
PR Newswire
LONDON, United Kingdom, July 23
23 July 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 22 July 2024 the Company’s Executive Directors were granted awards of nominally priced options of £0.05, under the Oxford Instruments plc Long Term Incentive Plan (the "LTIP"), as follows:
Executive Director | Number of shares under award |
Richard Tyson | 48,222 |
Gavin Hill | 29,610 |
The awards will ordinarily vest and become exercisable as from 31 July 2027, 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 awards and consideration of £0.05 per share is due on the exercise of the awards. The awards were made based on a share price of £24.35.
The Company makes this announcement, including the notifications 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 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
| ||||
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) |
| ||||
d) | Aggregated information - Volume - Price - Total |
48,222 N/A N/A | ||||
e) | Date of the transaction | 22 July 2024 | ||||
f) | Place of the transaction | Outside of a trading venue |
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
| ||||
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) |
| ||||
d) | Aggregated information - Volume - Price - Total |
29,610 N/A N/A | ||||
e) | Date of the transaction | 22 July 2024 | ||||
f) | Place of the transaction | Outside of a trading venue |
Enquiries:
Sarah Harvey
Company Secretary
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