REG-Oxford Instruments Plc: Commencement of Share Buyback

Oxford InstrumentsAnnouncement

Wed 07:02

25 June 2025

Oxford Instruments plc (the “Company”)

Commencement of Share Buyback


Further to the announcement of 10 May 2025, Oxford Instruments plc (the
“Company”), a leading provider of high technology products and systems for
industry and research, announces that from today it will commence a programme
to purchase up to £50 million of the Company's ordinary shares of 5
pence each (the "Ordinary Shares") (the "Programme") by no later than 24 June
2026.

The purpose of the Programme is to reduce the Company's share capital and
accordingly the Company intends to cancel the Ordinary Shares purchased under
the Programme however the Company may transfer some shares to Treasury to be
used in relation to the Company’s employee share option plans.

Any purchases will be conducted in compliance with the relevant conditions for
trading, restrictions regarding time and volume, disclosure and reporting
obligations, and price conditions. The Company confirms that it currently has
no unpublished Inside Information.

The Programme will be conducted by the Company in accordance with and under
the terms of the general authority granted by the Company's shareholders at
the Company's Annual General Meeting on 25 July 2024, which authority will
expire at the end of the next Annual General Meeting of the Company in 2025
or, if earlier, at the close of business on 30 September 2025 ("2024
Authority").  Purchases effected following the expiry of the 2024 Authority
will be conditional on a similar shareholder authority being granted at the
Company's annual general meeting to be held on 28 July 2025. 

The Company has appointed its broker Numis Securities Limited ("Deutsche
Numis") to manage the Programme and has issued an irrevocable instruction to
Deutsche Numis to continue to manage the Programme, within pre-set parameters,
during any closed period.

The Programme will be carried out on the London Stock Exchange and other
trading venues1 and executed within the parameters of the Market Abuse
Regulation 596/2014/EU and the Commission Delegated Regulation 2016/1052/EU
(as each forms part of domestic law under the European Union (Withdrawal) Act
2018, including where relevant pursuant to the Market Abuse (Amendment) (EU
Exit) Regulations 2019) and Chapter 9 of the UK Listing Rules of the
Financial Conduct Authority.

The aggregate maximum consideration payable by the Company in respect of the
purchase of shares under the Programme is £50 million. The maximum number of
shares that may be purchased under the Programme is 5,791,927 (being the
number of shares able to be purchased under the 2024 Authority).

1 Turquoise, Chi-X Europe and BATS Trading Europe.

 Enquiries:

Oxford Instruments plc

Richard Tyson, Chief Executive Officer

Paul Fry, Chief Financial Officer

Stephen Lamacraft, Head of Investor
Relations                          Stephen.lamacraft@oxinst.com 

 

MHP Group

Katie Hunt/Tim Rowntree/                                    
              07710 117517

Veronica Farah
                                                                     oxfordinstruments@mhpgroup.com                              

 

Notes to Editors

About Oxford Instruments plc

Oxford Instruments provides academic and commercial organisations worldwide
with market-leading scientific technology and expertise across its key market
segments: materials analysis, semiconductors, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments' growth and success,
supporting its core purpose to accelerate the breakthroughs that create a
brighter future for our world. The vigorous search for new ways to make our
world greener, healthier and more productive is driving unprecedented levels
of R&D investment in new materials and techniques to support productivity and
decarbonisation worldwide, creating a significant opportunity for Oxford
Instruments to grow. Oxford Instruments holds a unique position to anticipate
global drivers and connect academic researchers with commercial applications
engineers, acting as a catalyst that powers real world progress. Founded in
1959 as the first technology business to be spun out from Oxford University,
Oxford Instruments is now a global, FTSE250 company listed on the London Stock
Exchange (OXIG). For more information, visit www.oxinst.com

 



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