12 Feb

Oxford Instruments plc Appointment of Group Finance Director

Oxford Instruments plc, a leading provider of high-technology tools and systems for industry and research, is pleased to announce the appointment of Gavin Hill as Group Finance Director and to the Board of Directors, effective from 9 May 2016. This follows the announcement on 27 October 2015 of Kevin Boyd’s decision to resign from the Group in order to take up the role of Finance Director of Spirax-Sarco Engineering plc on 11 April 2016.

Gavin Hill was Group Finance Director of Synergy Health plc from April 2010 until the successful combination with STERIS Corporation on 3 November 2015. He is currently retained to assist with the integration of the two companies. Prior to that he was Corporate Finance Director of Serco Group plc where he held a number of senior finance and commercial positions. Prior to joining Serco, Gavin worked in a variety of finance and corporate treasury roles with Syngenta AG and AstraZeneca plc. Gavin is a Chartered Accountant and an associate member of the Institute of Corporate Treasurers.

Nigel Keen, Chairman, said:-

“We are delighted with Gavin’s appointment as Group Finance Director. He brings excellent financial and listed company credentials, which will make a significant contribution to the future growth of the business and to the Board.

"I would also like to thank Kevin for his significant commitment to Oxford Instruments during his nine years with us. He has consistently contributed to the performance and development of the Company and we wish him every success in his new role.”

Gavin Hill commented:

“Oxford Instruments is a brand that is recognised around the world for its best-in-class technologies and scientists. It is an honour to be joining such an exceptionally talented team and I look forward to being part of the Group’s bright future.”

There are no further details to be disclosed under paragraph 9.6.13 of the Listing Rules.

Oxford Instruments expects to announce its results for the year ending 31 March 2016 on 15 June 2016.

Issued for and on behalf of Oxford Instruments plc

Enquiries:

Oxford Instruments plc
Tel: 01865 393200
Jonathan Flint, Chief Executive
Kevin Boyd, Group Finance Director

MHP Communications
Tel: 020 3128 8100
Rachel Hirst/ Jamie Ricketts