Last checked at 6 Dec 2016 10:40
6th December 2016
OMG plc
("Oxford Metrics" or the "Company")
Director Dealing, Issue of Ordinary Shares
& Total Voting Rights
Oxford Metrics (OMG plc LSE: OMG), the international software company servicing government, life sciences, entertainment and engineering markets, is pleased to announce that certain of the Directors of the Company have today purchased shares in the Company. Roger Parry, Non-Executive Chairman has purchased 4,750 ordinary shares of 0.25p each in the Company ("Ordinary Shares") at a price of 52 pence per Ordinary Share and Nick Bolton, Chief Executive has purchased 2,500 ordinary shares of 0.25p each in the Company at a price of 50 pence per Ordinary Share.
The Company also announces it has agreed to issue 49,020 Ordinary Shares at a price of 51 pence per Ordinary Share to its Non-Executive Chairman, Roger Parry in lieu of salary.
When Roger Parry joined Oxford Metrics as Non-Executive Chairman of the Company on 29 June 2016 he agreed to receive 38.5 per cent of his annual fee in share based payments reflecting his belief in the Oxford Metrics vision.
Application will be made to the London Stock Exchange for admission of the 49,020 Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place and that trading will commence on AIM on 12 December 2016.
Following this transaction, Roger Parry's total shareholding in the company is 153,770 Ordinary Shares representing 0.12% of the Company's current total issued share capital and total voting rights. Nick Bolton's total shareholding in the company is 1,791,246 Ordinary Shares representing 1.47% of the Company's total issued share capital and total voting rights.
Total Voting Rights
Following Admission, the Company will have 121,376,228 Ordinary Shares in issue with each share carrying the right to one vote. The Company has no Ordinary Shares held in treasury. The total number of voting rights in the Company following Admission will therefore be 121,376,228.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | 1. Roger Parry 2. Nicholas Bolton
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2 | Reason for the notification | |||||
a) | Position/status | 1. Non-Executive Chairman 2. Chief Executive
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b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | OMG Plc | ||||
b) | LEI | N/a | ||||
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 instrument, type of instrument Identification code | Ordinary 0.25p shares ISIN: GB0030312788 | ||||
b) | Nature of the transaction | Purchase of Shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information | N/a (Single transaction) | ||||
e) | Date of the transaction | 6th December 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Roger Parry | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Chairman | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | OMG Plc | ||||
b) | LEI | N/a | ||||
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 instrument, type of instrument Identification code | Ordinary 0.25p shares ISIN: GB0030312788 | ||||
b) | Nature of the transaction | Issue of Shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information | N/a (Single transaction) | ||||
e) | Date of the transaction | 6th December 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
For further information please contact:
Oxford Metrics | +44 (0) 1865 261800 |
Nick Bolton, CEO | |
David Deacon, CFO | |
FTI Consulting | +44 (0) 20 3727 1000 |
Matt Dixon / Emma Appleton / Harry Staight | |
N+1 Singer (NOMAD to OMG) | +44 (0) 20 7496 3000 |
Shaun Dobson / Jen Boorer |
About Oxford Metrics
Oxford Metrics develops and markets analytics software for motion measurement and infrastructure asset management to clients in over 70 countries worldwide. Our list of clients across the globe is as diverse as the markets we operate in; we help highways authorities manage and maintain their road networks, hospitals and clinicians decide therapeutic strategies and Hollywood studios create stunning visual effects. And the diversity of applications is growing all the time.
The group trades through two subsidiaries: Vicon and Yotta. Vicon is the world's leader in high precision motion measurement analysis to thousands of customers worldwide, including Guy's Hospital, EA Sports, MIT and NASA and our software is used in an ever expanding range of applications. Yotta provides cloud-based infrastructure asset management software to central and local government agencies and other infrastructure owners. Yotta has a large number of high profile clients including Highways England and Amey in the UK and VicRoads in Australia amongst others.
Founded in 1984 our group is headquartered in Oxford with offices in Leamington Spa, Gloucester, California, Colorado and Singapore. Since 2001, Oxford Metrics (LSE: OMG), has been a quoted company listed on AIM, a market operated by the London Stock Exchange.
For more information about Oxford Metrics, visit www.oxfordmetrics.com