Top-Thema

19:31 Uhr
ROUNDUP: Österreichischer Halbleiterkonzern AMS legt höheres Gebot für Osram vor

OXFORD INSTRUMENTS PLC - Director/PDMR Shareholding

Mittwoch, 04.07.2018 13:05 von PR Newswire

PR Newswire

4 July 2018

OXFORD INSTRUMENTS PLC

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

On 3rd July 2018 the Company’s Executive Directors were granted nil cost option awards over ordinary shares of 5 pence each under the Oxford Instruments plc Performance Share Plan (the "PSP") as noted below:

Executive Director Number of shares under award
Ian Barkshire 64,613
Gavin Hill 50,430

Subject to the terms of the PSP, the awards will ordinarily vest and become exercisable as from the third anniversary of the grant of the awards subject to the grantee’s continued service and to the extent to which the performance condition outlined below is met.  Dividend equivalents will also be awarded.

Half of the award Half of the award
EPS growth – 4% p.a. (25% vesting) to 12% p.a.
(100% vesting) over three financial years
commencing with the 2018/19 financial year.
ROCE 16.0% in the final year of the performance period (2020/21 financial year) (25% vesting) to 20% (100% vesting). 

Once exercisable, an award shall ordinarily remain exercisable until the eve of the tenth anniversary of the grant date of the awards.

No consideration was paid for the grant of the awards and no consideration is due on the vesting and/or exercise of the awards.  For the purposes of these awards, the grant was made at a share price of £10.00.

The following notification is made in accordance with the requirements of Article 19.3 of the Market Abuse Regulation.

1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a) Name
  1. Ian Barkshire
  2. Gavin Hill
2 Reason for the notification
a) Position/status
  1. Chief Executive
  2. Group Finance Director
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 5 pence each

GB0006650450
b) Nature of the transaction Grant of Awards (in the form of nil-cost options) under the Oxford Instruments plc Performance Share Plan.  Maximum number of Shares as follows:
c) Price(s) and volume(s) Not applicable
d) Aggregated information Not applicable
e) Date of the transaction 2018-07-03
f) Place of the transaction Not applicable

Name of contact and telephone number for queries: Susan Johnson-Brett, Tel: 01865 393324

Susan Johnson-Brett

Company Secretary

For and on behalf of Oxford Instruments plc.

Date: 4 July 2018

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.