REG - Gooch & Housego PLC - Grant of LTIP Awards
RNS Number : 6332MGooch & Housego PLC09 January 2019
For immediate release
9 January 2019
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 8 January 2019 in accordance with the rules of the Gooch & Housego PLC Long Term Incentive Plan 2013 to the following officers of the Company:
Name
Number of Awards
Granted in January 2019
Total Number of Unvested Awards
Mark Webster
26,676
85,427
Alex Warnock
18,301
60,943
Gareth Crowe
8,469
12,164
Subject to satisfying the required total shareholder return (TSR) and earnings per share (EPS) performance criteria, further details of which are set out in the Company's Annual Report & Financial Statements for the year ended 30 September 2018, these grants will vest on 8 January 2022.
For further information contact: -
Mark Webster / Andrew Boteler
Gooch & Housego PLC
01460 256440
Mark Court / Sophie Wills
Buchanan
020 7466 5000
Patrick Robb / David Anderson
Investec Bank plc
020 7597 5970
Notes to editors
1. 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.
2. All financial information included in this announcement is sourced from unaudited management accounts and excludes any specific items. This announcement contains certain forward-looking statements that are based on management's current expectations or beliefs as well as assumptions about future events. These are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which G&H operates. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a wide range of variables which could cause actual results, and G&H's plans and objectives, to differ materially from those currently anticipated or implied in the forward-looking statements. Investors should not place undue reliance on any such statements. Nothing in this announcement should be construed as a profit forecast.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Mark Webster
2. Alex Warnock
3. Gareth Crowe
2
Reason for the notification
a)
Position/status
1. Chief Executive Officer
2. Chief Operating 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. 26,676
2. 18,301
3. 8,469
Aggregated information
- Aggregated volume
- Price
1. 26,676
2. 18,301
3. 8,469
n/a
e)
Date of the transaction
8 January 2019
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHUKARRKSAARAR
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