REG - Gooch & Housego PLC - Grant of LTIP Awards

Gooch & HousegoAnnouncement

07/01/2021 12:20

RNS Number : 9526K
  
Gooch & Housego PLC
  
07 January 2021
  
 




For immediate release


7 January 2021



 
 

Gooch & Housego PLC
("G&H" or the "Company")
 
Grant of LTIP Awards
 
Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of optical components & systems, announces that awards were made on 7 January 2021 in accordance with the rules of the Gooch & Housego PLC Long Term Incentive Plan 2013 to the following Directors and Person Discharging Managerial Responsibility ("PDMR") of the Company:
 
 



Name


Position


Number of Awards
Granted in January 2021




Mark Webster


Chief Executive Officer


32,835




Chris Jewell


Chief Financial Officer


22,839




Gareth Crowe


Company Secretary


3,340



 
Subject to satisfying the required TSR and EPS performance criteria these grants will vest on 7 January 2024.  
 
In addition to the above awards, the following one-time awards have been made to the following Directors and PDMR which will vest on 7 January 2023 subject to satisfying the required EPS performance criteria.
 



Name


Position


Number of Awards
Granted in January 2021


Total Number of Unvested Awards




Mark Webster


Chief Executive Officer


21,890


111,343




Chris Jewell


Chief Financial Officer


18,686


79,392




Gareth Crowe


Company Secretary


1,670


16,436



 
Further details of the performance and vesting criteria are set out in the Company's 2020 Annual Report & Accounts, which can be found on the Company's website at https://gandh.com/investors/



 
 
 
 
 
For further information contact: 
 












Mark Webster / Chris Jewell  


Gooch & Housego PLC


01460 256440




Mark Court  / Charlotte Slater


Buchanan 


020 7466 5000




Christopher Baird / Patrick Robb / David Anderson    


Investec Bank plc


020 7597 5970



 
 
Notes to editors
 
Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK with operations in the USA and Europe. A world leader in its field, the company researches, designs, engineers and manufactures advanced photonic systems, components and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences and Scientific Research sectors. World leading design, development and manufacturing expertise is offered across a broad range of complementary technologies.




 
 

















1


Details of the person discharging managerial responsibilities / person closely associated


 




a)


Name


1.   Mark Webster
2.   Chris Jewell
3.   Gareth Crowe


 




2


Reason for the notification


 




a)


Position/status


1.   Chief Executive Officer
2.   Chief Financial Officer
3.   Company Secretary


 




b)


Initial notification/Amendment


Initial notification


 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


 




a)


Name


Gooch & Housego Plc


 




b)


LEI


213800DO3D00KYOPA952


 




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


Ordinary shares of 20 pence each
 
 
GB0002259116
 


 




b)


Nature of transaction


Awards made pursuant to the rules of the Gooch & Housego PLC Long Term Incentive Plan 2013


 




c)


Price(s) and volume(s)


Price(s)


Volume(s)


 












n/a


1.   54,725
2.   41,525
3.   5,010
 


 








Aggregated information
 
-      Aggregated volume
 
 
 
-      Price


 
1.   54,725
2.   41,525
3.   5,010
n/a


 




e)


Date of the transaction


7 January 2021


 




f)


Place of the transaction


Outside a trading venue


 












 

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