REG - Gooch & Housego PLC - Grant of LTIP Awards
RNS Number : 9526KGooch & Housego PLC07 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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