Gooch & Housego PLC Grant of LTIP Awards (1177M)

TIDMGHH

RNS Number : 1177M

Gooch & Housego PLC

09 January 2023

Immediate Release

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 9 January 2023 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   Total Number 
                                           Granted in         of Unvested 
                                           January 2023       Awards 
                     Chief Executive 
 Charlie Peppiatt     Officer             175,090            175,090 
                    -------------------  -----------------  ------------- 
                     Chief Financial 
 Chris Jewell         Officer             70,698             117,897 
                    -------------------  -----------------  ------------- 
 Gareth Crowe        Company Secretary    14,987             23,618 
                    -------------------  -----------------  ------------- 
 

Subject to satisfying the required TSR, EPS and ESG performance criteria these grants will vest on 9 January 2026.

Further details of the performance and vesting criteria are set out in the Company's 2022 Annual Report & Accounts, which can be found on the Company's website at https://gandh.com/investors/

For further information please contact:

Gooch & Housego PLC

   Charlie Peppiatt / Chris Jewell                            Tel [phone] 

Buchanan

   Mark Court / George Cleary                                Tel [phone] 

Investec Bank plc, (NOMAD and Broker)

   Christopher Baird / David Anderson                   Tel [phone] 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                                      1. Charlie Peppiatt 
                                                 2. Chris Jewell 
                                                 3. Gareth Crowe 
     -----------------------------------  -------------------------------------- 
      Reason for the notification 
  2 
     --------------------------------------------------------------------------- 
 a)   Position/status                           1. Chief Executive Officer 
                                                 2. Chief Financial Officer 
                                                 3. Company Secretary 
     -----------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment       Initial notification 
     -----------------------------------  -------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                                 Gooch & Housego Plc 
     -----------------------------------  -------------------------------------- 
 b)   LEI                                  213800DO3D00KYOPA952 
     -----------------------------------  -------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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         Ordinary shares of 20 pence each 
       instrument, type of instrument. 
 
       Identification code                  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) 
     -----------------------------------  -----------------  ------------------- 
                                           Nil                     1. 175,090 
                                                                    2. 70,698 
                                                                    3. 14,987 
     -----------------------------------  -----------------  ------------------- 
      Aggregated information 
                                             n/a 
       - Aggregated volume 
       - Price 
     -----------------------------------  -------------------------------------- 
 e)   Date of the transaction              9 January 2023 
     -----------------------------------  -------------------------------------- 
 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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHEAFFNEDNDEFA

(END) Dow Jones Newswires

January 09, 2023 06:44 ET (11:44 GMT)