1st Jun 2009 10:42
Oxford Instruments plc Directors' Dealings Oxford Instruments plc announces that on 29 May 2009 the following executivedirectors purchased ordinary shares of 5 pence at a cost of £1.395 per share as"partnership shares" under the all-employee Oxford Instruments Share IncentivePlan as summarised below: Executive Director Number of shares acquired Kevin Boyd 90 Jonathan Flint 90 Charles Holroyd 90
The above transactions were undertaken by the trustee of the Oxford Instruments Share Incentive Plan, a UK registered company, on behalf of the above individuals and the shares purchased on the London Stock Exchange.
In connection with the above purchases on the same date the executive directors were awarded ordinary shares of 5 pence as "matching shares" under the all employee Oxford Instruments Share Incentive Plan as summarised below:
Executive Director Number of shares awarded as "matching shares" Kevin Boyd 18 Jonathan Flint 18 Charles Holroyd 18
To fully hedge the above awards the Trustee of the Oxford Instruments Share Incentive Plan purchased such number of shares in the open market at a cost of £1.395 per share.
The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the partnership shares in connection with which they were awarded.
No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.
The above notifications are made in accordance with Rule 3.1.4 of the UKLA Disclosure Rules and Transparency Rules.
Oxford Instruments plc was notified of the above transactions on 1 June 2009.
Name of contact and telephone number for queries: Susan Johnson-Brett, 01865 393324.
For and on behalf of Oxford Instruments plc
Date: 1 June 2009
vendorRelated Shares:
Oxford Instruments