For immediate release | 7 January 2021 |
Gooch & Housego PLC
("G&H" or the "Company")
Grant of LTIP Awards
Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of optical components & systems, announces that awards were made on 7 January 2021 in accordance with the rules of the Gooch & Housego PLC Long Term Incentive Plan 2013 to the following Directors and Person Discharging Managerial Responsibility ("PDMR") of the Company:
Name | Position | Number of Awards |
Granted in January | ||
2021 | ||
Mark Webster | Chief Executive Officer | 32,835 |
Chris Jewell | Chief Financial Officer | 22,839 |
Gareth Crowe | Company Secretary | 3,340 |
Subject to satisfying the required TSR and EPS performance criteria these grants will vest on 7 January 2024.
In addition to the above awards, the following one-time awards have been made to the following Directors and PDMR which will vest on 7 January 2023 subject to satisfying the required EPS performance criteria.
Name | Position | Number of Awards | Total Number of |
Granted in January | Unvested Awards | ||
2021 | |||
Mark Webster | Chief Executive Officer | 21,890 | 111,343 |
Chris Jewell | Chief Financial Officer | 18,686 | 79,392 |
Gareth Crowe | Company Secretary | 1,670 | 16,436 |
Further details of the performance and vesting criteria are set out in the Company's 2020 Annual Report & Accounts, which can be found on the Company's website at https://gandh.com/investors/
For further information contact: | ||
Mark Webster / Chris Jewell | Gooch & Housego PLC | 01460 256440 |
Mark Court / Charlotte Slater | Buchanan | 020 7466 5000 |
Christopher Baird / Patrick Robb / David | Investec Bank plc | 020 7597 5970 |
Anderson |
Notes to editors
Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK with operations in the USA and Europe. A world leader in its field, the company researches, designs, engineers and manufactures advanced photonic systems, components and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences and Scientific Research sectors. World leading design, development and manufacturing expertise is offered across a broad range of complementary technologies.
1 | Details of the person discharging managerial responsibilities / person closely | |||||
associated | ||||||
a) | Name | 1. | Mark Webster | |||
2. | Chris Jewell | |||||
3. | Gareth Crowe | |||||
2 | Reason for the notification | |||||
a) | Position/status | 1. | Chief Executive Officer | |||
2. | Chief Financial Officer | |||||
3. | Company Secretary | |||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, | |||||
auctioneer or auction monitor | ||||||
a) | Name | Gooch & Housego Plc | ||||
b) | LEI | 213800DO3D00KYOPA952 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; | |||||
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions | ||||||
have been conducted | ||||||
a) | Description of the financial | Ordinary shares of 20 pence each | ||||
instrument, type of instrument. | ||||||
Identification code | GB0002259116 | |||||
b) | Nature of transaction | Awards made pursuant to the rules of the Gooch & | ||||
Housego PLC Long Term Incentive Plan 2013 | ||||||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||
n/a | 1. | 54,725 | ||||
2. | 41,525 | |||||
3. | 5,010 | |||||
Aggregated information | ||||||
- | Aggregated volume | 1. | 54,725 | |||
2. | 41,525 | |||||
3. | 5,010 | |||||
- | Price | n/a | ||||
e) | Date of the transaction | 7 January 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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Gooch & Housego plc published this content on 07 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2021 12:15:09 UTC