Oxford Instruments plc (the "Company") announces that the following directors' dealings took place:
On 16 December 2011, the following directors acquired ordinary shares of 5p each in the Company upon the exercise of options granted under the Oxford Instruments 2001 Executive Share Option Scheme "ESOS" and the Oxford Instruments plc Senior Executive Long Term Incentive Scheme "SELTIS". In accordance with the terms of the ESOS, all options (except for approved options) were "net gain" settled as share appreciation rights by reference to the mid market closing price of the Company's shares on 15 December 2011 (992p) and the relevant option price. A number of shares from both the ESOS and SELTIS were then sold in the market on 16 December 2011 at an average price of 950p, with the balance being retained by the directors, as follows:-
|
ESOS and SELTIS Options exercised and shares sold |
|||||
|
No. of options exercised |
Base option price |
No. of shares acquired |
Shares sold |
Shares retained |
|
|
Jonathan Flint Chief Executive |
86,788 100,000 208,666 11,334 110,000 |
219p 232p 135p 135p nil |
67,629* 76,613* 180,269* 11,334 110,000 |
335,554 |
110,291 |
|
Kevin Boyd Finance Director |
150,000 75,000 |
135p Nil |
129,587* 75,000 |
166,607 |
37,980 |
|
Charles Holroyd Executive Director |
150,000 75,000 |
135p nil |
129,587* 75,000 |
199,938 |
4,749 |
*shares acquired equal to "net gain"
Following this transaction, Jonathan Flint, Kevin Boyd and Charles Holroyd now hold the following number of ordinary shares of 5p in the Company:-
|
Jonathan Flint Chief Executive |
Kevin Boyd Finance Director |
Charles Holroyd Executive Director |
|
|
Interest in shares before notification |
50,875 |
28,550 |
59,770 |
|
Total interest in shares following this notification |
161,166 |
66,530 |
64,519 |
|
% of issued share capital |
0.29% |
0.12% |
0.12% |
This notice is given in fulfilment of the obligations under DTR 3.1.4R(1)
16 December 2011
Susan Johnson-Brett
Company Secretary
Oxford Instruments plc
Tel: 01865 393324
This information is provided by RNS