Oxford Instruments Plc - Director/PDMR Shareholding

Oxford Instruments Plc - Director/PDMR Shareholding

PR Newswire

LONDON, United Kingdom, March 20

20 March 2024

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 18 March 2024, an award of nominally priced options of £0.05 granted to Richard Tyson under the Oxford Instruments plc Long Term Incentive Plan on 14 November 2023 vested on the basis set out in the table below. This award comprised part of the buy-out arrangements which replaced Richard’s 2021 LTIP awards from his previous employer, TT Electronics plc, which lapsed in connection with his joining the Company.

Number of shares granted	Number of shares to vest	Dividend equivalents	Total number of shares to vest
27,872	12,237	1,284	13,521

 

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	Richard Tyson
2	Reason for the notification
a)	Position/status	Chief Executive 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	Vesting of award of nominally priced options of £0.05 made under the Oxford Instruments plc Long Term Incentive Plan on 14 November 2023 (12,237) plus dividend shares received (1,284).
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.05 13,521
d)	Aggregated information -      Volume -      Price	13,521 £0.05. Market value £20.80 per share
e)	Date of the transaction	18 March 2024
f)	Place of the transaction	Outside of a trading venue

 

Enquiries:

Sarah Harvey

Company Secretary

[e-mail]

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