OXFORD INSTRUMENTS PLC - Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On the Company’s Executive Directors were granted nil cost option awards over ordinary shares of each under the plc Performance Share Plan (the "PSP") as noted below:
Subject to the terms of the PSP, the awards will ordinarily vest and become exercisable as from the third anniversary of the grant of the awards subject to the grantee’s continued service and to the extent to which the performance condition outlined below is met. Dividend equivalents will also be awarded.
Once exercisable, an award shall ordinarily remain exercisable until the eve of the tenth anniversary of the grant date of the awards.
No consideration was paid for the grant of the awards and no consideration is due on the vesting and/or exercise of the awards. For the purposes of these awards, the grant was made at a share price of £13.74.
The following notification is made in accordance with the requirements of Article 19.3 of the Market Abuse Regulation.
of contact and telephone number for queries: , Tel: 01865 393324
For and on behalf of .
Executive Director Number of shares under award 48,319 37,713
Ian Barkshire Gavin Hill
Half of the award Half of the award EPS growth – 4% p.a. (25% vesting) to 12% ROCE 20.5% in the final year of the p.a. performance period (2021/22 financial (100% vesting) over three financial years year) (25% vesting) to 23.4% (100% commencing with the 2019/20 financial vesting). year.
1 Details of the person discharging managerial responsibilities / person closely associated a) 1. 2. 2 Reason for the notification a) Position/status 1. Chief Executive 2. Group Finance Director b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) 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 Options to acquire ordinary shares of 5 pence each Identification code GB0006650450 b) Nature of the transaction Grant of Awards (in the form of nil-cost options) under the plc Performance Share Plan. Maximum number of Shares as follows: c) Price(s) and volume(s) Not applicable d) Aggregated information Not applicable e) Date of the transaction 2019-07-15 f) Place of the transaction Not applicable
Name Name Oxford Instruments plc Oxford Instruments Ian Barkshire Gavin Hill
Quick facts: Oxford Instruments PLC
Market Cap: £701.09 m
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