OXFORD INSTRUMENTS PLC
Announcement to the London Stock
Exchange
On 15 June 2015 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 |
| Jonathan Flint |
67,631 |
| Kevin Boyd |
45,087 |
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 earnings per share growth and relative total
shareholder return performance criteria are met over a measurement
period comprising three financial years of the Company.
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.
On the same date, Jonathan Flint’s wife and Company employee,
Claire Flint, was granted options
under the Oxford Instruments Executive Share Option Scheme over
20,350 ordinary shares of 5 pence at
an option price of £10.28.
The Company was notified of the above transactions on
15 June 2015.
This notification is made in accordance with DR
3.1.4R(1)(a).
Name of contact and telephone number for queries: Susan Johnson-Brett, Tel: 01865 393324
For and on behalf of Oxford Instruments plc.