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LONDON - Oxford Metrics plc (AIM:OMG), a company specializing in smart sensing and software for various markets, has granted share options to certain Persons Discharging Managerial Responsibilities (PDMRs) as part of its Long Term Incentive Plan (LTIP). On Monday, the company awarded options for a total of 246,294 ordinary shares.
The PDMRs, Christopher Hoskin and Simon Gunter, have been granted options for 130,122 and 116,172 shares respectively, representing 0.10% and 0.09% of the issued share capital. These options come with an exercise price of 0.25 pence per share and are set to vest on December 16, 2028, contingent upon meeting specific performance targets over a three-year period.
The performance conditions tied to the vesting of these options include the company’s total shareholder return relative to a benchmark and the compound annual growth rate of the company’s basic earnings per share from October 1, 2025, to September 30, 2028.
This strategic move aligns the interests of key company executives with those of shareholders by incentivizing the achievement of long-term performance goals. The announcement was made in accordance with the UK Market Abuse Regulation (MAR), ensuring transparency and compliance with market regulations.
The information provided in this article is based on a press release statement from Oxford Metrics plc.
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