Oxford Instruments (GB:OXIG) has released an update.
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Oxford Instruments plc has announced the award of nominally priced options to Executive Directors under its Long Term Incentive Plan, with Chief Executive Officer Richard Tyson receiving options for 48,222 shares and Chief Financial Officer Gavin Hill receiving options for 29,610 shares. These options will vest in 2027, contingent upon continued service and meeting performance conditions, and will remain exercisable until the tenth anniversary of the grant date. The transaction took place outside of a trading venue on 22 July 2024 with no immediate financial consideration paid by the grantees.
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