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25.07.2024 04:31
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PR Newswire
Oxford Instruments Plc - Director/PDMR Shareholding
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PR Newswire
LONDON, United Kingdom, July 25
25 July 2024
Oxford Instruments plc
Notification of transactions of persons discharging managerial responsibility or persons closely associated
In line with the Executive Directors’ Remuneration Policy, one-third of any annual bonus paid to the Executive directors will be deliverable in shares, which must be held for at least three years. Accordingly, as part of the deferred share element of the annual bonus for the 2023/24 financial year, Richard Tyson has acquired 1,873 shares and Gavin Hill has acquired 2,628 shares.
In addition, Richard Tyson received a buy-out award in relation to the pro-rated annual bonus for the 2023 financial year from his previous employer, TT Electronics plc. The bonus is payable 70% in cash and 30% in Oxford Instruments plc’s shares which must be held for two years in line with the policy at TT Electronics plc. Accordingly, Richard Tyson has acquired a further 3,948 shares.
Enquiries:
Sarah Harvey
Company Secretary
+44 (0) 1865 393448
| 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 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 | Ordinary shares of 5p each in Oxford Instruments plc | ||||||
| b) | Nature of the transaction | Shares acquired as result of deferred share element of (i) annual bonus in respect of the 2023/24 financial year; and (ii) annual bonus for the 2023 financial year from his previous employer | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Volume
- Price
| 5,821
£24.2023
| ||||||
| e) | Date of the transaction | 24 July 2024 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
| 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 | Ordinary shares of 5p each in Oxford Instruments plc | ||||
| b) | Nature of the transaction | Shares acquired as result of deferred share element of annual bonus in respect of the 2023/24 financial year | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Volume
- Price
| 2,628
£24.2023
| ||||
| e) | Date of the transaction | 24 July 2024 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
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