27 September 2023
Oxford Instruments plc (the “Company”)
Director/PDMR shareholding
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
On 25 September 2023 Executive Director and Chief Financial Officer, Gavin
Hill, was granted an award of nominally priced options of £0.05, over 36,697
ordinary shares of £0.05, under the Oxford Instruments plc Long Term
Incentive Plan (the "LTIP").
The award will ordinarily vest and become exercisable as from 31 July 2026,
subject to the grantee’s continued service and to the extent to which the
performance conditions are met. Dividend equivalents will also be awarded,
which will accrue during the performance period and for two years after the
award vests. Once exercisable, an award shall ordinarily remain exercisable
until the eve of the tenth anniversary of the grant date of the award. No
consideration was paid for the grant of the award and consideration of £0.05
per share is due on the exercise of the award. The award was made based on a
share price of £21.80.
The Company makes this announcement, including the notification below, in
accordance with the requirements of the EU Market Abuse Regulation (as it
forms part of domestic law by virtue of the European Union (Withdrawal) Act
2018).
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Gavin Hill
2 Reason for the notification
a) Position/status Chief Financial Officer and PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Oxford Instruments plc
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 Identification code Options to acquire ordinary shares of £0.05 each in Oxford Instruments plc
GB0006650450
b) Nature of the transaction Award of nominally priced options of £0.05 under the Oxford Instruments plc Long Term Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
N/A 36,697
d) Aggregated information - Volume - Price - Total 36,697 N/A N/A
e) Date of the transaction 25 September 2023
f) Place of the transaction Outside of a trading venue
Enquiries:
Sarah Harvey
Company Secretary
+44 (0) 1865 393448
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