Announcement to
the London Stock Exchange
On 25 September 2017 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 |
65,630 |
Gavin Hill |
51,223 |
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 return on capital
employed 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.
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.
Susan
Johnson-Brett
Company Secretary
Date: 26
September 2017