Oxford Metrics Share News (OMG)

Oxford Metrics Information

Buy OMG Shares
Add OMG to Watchlist
Add OMG to Alert

Share Price Information for Oxford Metrics (OMG)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 110.00

Bid: 109.00

Ask: 111.00

Change: 0.00 (0.00%)

Spread: 2.00 (1.835%)

Open: 110.00

High: 110.00

Low: 110.00

Prev. Close: 110.00

Last checked at -

OMG completes sale of House of Moves subsidiary

Thu, 16th Oct 2014 12:11

Technology group OMG has sold its House of Moves (HOM) subsidiary, a service-based motion capture business, for £0.8m.The company will receive £0.3m as an initial payment, with the remainder to be received in installments over a four-year periods.The move came after OMG decided that HOM no longer fitted with its overall strategic direction.Chief executive Nick Bolton said: "This move is a step in the right direction as the board continues to explore a range of opportunities to realise value in OMG's IP, which may involve the licensing of certain technologies where external companies see value in deploying our IP to pursue their own business goals or, as in the case of House of Moves, the sale of certain assets, where we believe that greater shareholder value can be realised in the near term."For the year ended 30 September 2013, HOM contributed revenues of £2.0m and a loss before tax of £0.7m.The transaction will generate a non-cash loss of approximately £0.7m, which will be included in the financial results for the year ended 30 September 2014."It is anticipated that this move will help to reduce the volatility of future profits reported by the group and the cash received from the sale will be deployed to augment the group's working capital," OMG added. The share price declined 1.85% to 26.50p by 11:48.

More News

21 Jun 2018 10:22

Oxford Metrics Appoints David Quantrell As Non-Executive Director

LONDON (Alliance News) - Software company Oxford Metrics PLC said Thursday it appointed David Quantrell as a non-executive director with immediate effect.Quantrell is currently an advisor a

1 Jun 2018 11:52

Jo Hambro Capital Management Ups Stake In Oxford Metrics To 10% (ALLISS)

LONDON (Alliance News) - Oxford Metrics PLC on Friday said that Jo Hambro Capital Management Ltd increased its holding in the software company.In a transaction on Thursday, Hambro nearly to

30 May 2018 10:54

Oxford Metrics Interim Revenue Rises, But Profit Down On Higher Costs

LONDON (Alliance News) - Oxford Metrics PLC on Wednesday reported a double-digit revenue growth in the first financial half, but profit dipped on increased costs.The software firm reported

24 May 2018 14:42

Oxford Metrics Sells Yotta Surveying To Ginger Group For GBP1 Million

LONDON (Alliance News) - Oxford Metrics PLC said Thursday it sold its subsidiary Yotta Surveying Ltd to construction and civil engineering company Ginger Group for GBP1 million.The amount a

23 May 2018 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 24 May United UtilitiesFull Year ResultsMediclinic InternationalFull Year Year

7 Feb 2017 14:51

OMG says Yotta launches new asset-management platform Alloy

(ShareCast News) - Shares in OMG are down about half a percent after it said Yotta has launched a new connected asset management platform known as Alloy. Yotta is a provider of cloud-based infrastructure asset management software and services. OMG said Alloy's launch was a positive step to deliver

7 Dec 2016 16:13

DIRECTOR DEALINGS: OMG Non-Executive Director Buys Shares

19 Oct 2016 07:53

OMG Annual Revenue To Beat Expectations As Profit In Line

18 Jul 2016 12:42

DIRECTOR DEALINGS: OMG Senior Manager Sells 220,700 Shares

29 Jun 2016 11:31

DIRECTOR DEALINGS: OMG New Chairman Parry Buys First Shares

29 Jun 2016 08:20

OMG Appoints YouGov Chairman Roger Parry As Its New Chairman

17 May 2016 08:14

OMG On Track For Expectations As It Swings To First Half Profit

5 May 2016 15:07

Earnings, Trading Statements Calendar - Week Ahead

5 May 2016 08:57

OMG Upgrades Vicon System At University Of Roehampton

29 Feb 2016 13:47

FTSE 100 movers: Miners gain but HSBC slumps on Bernstein note

(ShareCast News) - London's FTSE 100 index was down 0.3% to 6,075.39 at 1525 GMT, as investors weighed up disappointment that the G20 meeting did not yield a coordinated stimulus effort against the People's Bank of China's move to cut the reserve requirement ratio. HSBC was in the red after Bernstei

Latest Share Chat

Oxford Metrics Share News (OMG)

Share Price Information for Oxford Metrics (OMG)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

OMG completes sale of House of Moves subsidiary

Login to your account

Quickpicks are a member only feature

Login to your account