TIDMOMG
RNS Number : 8644I
OMG PLC
14 December 2015
OMG plc
("OMG" or the "Group")
Exercise of Options & Directors Dealing
OMG plc (LSE: OMG), the technology group providing Computer
Vision products and services for the entertainment, life science,
engineering industries and consumer electronics markets, announces
that it has applied for 2,585,766 new ordinary shares of 0.25p each
("Ordinary Shares") in the Company to be admitted to trading on AIM
on 17 December following an exercise of share options by certain of
its directors as follows:
Share options Exercise
exercised price (pence
per share)
Nick Bolton (Chief Executive
Officer) 1,208,500 0.0025
David Deacon (Chief
Financial Officer) 473,016 23.42
604,250 0.0025
Cathy Robertson (Group 300,000 24.59
Executive Director)
In addition, the Company was informed today that on 11 December
2015 Nick Bolton sold 617,221 Ordinary Shares in the Company at a
price of 45 pence per share. The Company was also informed today
that on 11 December 2015 David Deacon sold 678,590 Ordinary Shares
in the Company at a price of 45 pence. The Company was also
informed today that on 11 December 2015 Cathy Robertson sold
147,600 Ordinary Shares in the Company at a price of 45 pence per
share. The funds raised from these share sales will be used solely
to fund the costs of the exercise.
Accordingly Nick Bolton now has a beneficial interest in
1,788,746 Ordinary Shares, representing 1.48% of the Company's
total issued share capital and total voting rights as described
below. David Deacon now has a beneficial interest in 850,661
Ordinary Shares, representing 0.70% of the Company's total issued
share capital and total voting rights as described below. Cathy
Robertson now has a beneficial interest in 1,439,201 Ordinary
Shares, representing 1.19% of the Company's total issued share
capital and total voting rights as described below.
Total Voting Rights
Following the issue of the 2,585,766 new Ordinary Shares on 17
December 2015 the Company will have a total of 120,480,565 Ordinary
Shares in issue each carrying one voting right. The Company does
not hold any shares in Treasury.
The above figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure and Transparency
Rules.
The above information is provided by the Company in accordance
with its obligations under the FCA's Disclosure and Transparency
Rules.
For further information please contact:
OMG plc +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
Notes to Editors
About OMG plc
OMG plc (Oxford Metrics Group. LSE: OMG) is a group of
technology companies producing Computer Vision products and
services for the entertainment, life science, engineering
industries and consumer electronics markets.
The Group's technology is used globally to capture the movements
of actors (for the movie industry), sportsmen and women (for video
games or improving team performance), and children with cerebral
palsy, rehab patients and animals (for medical, life science and
research industries). The technology is also used for the
management of highways and other forms of distributed infrastcture
assets, such as lighting systems and other street furniture.
Through this diverse offering the Group has earned its strong
international reputation for precision from pixels and its unique
expertise in imaging technology.
Founded in 1984, the Group is headquartered in Oxford, UK, and
has two offices in the US and four in the UK. It has customers in
over 50 countries and is a quoted company listed on AIM, a market
operated by the London Stock Exchange. The Group trades through
three subsidiaries: Vicon, the world's largest motion capture and
movement analysis company, Yotta, a provider of software and
services for infrastructure asset management and OMG Life, our IP
licensing business, which is focused on unlocking latent value in
OMG's IP.
The Group's global clients spanning the worlds of science,
medicine, sport, engineering, gaming, film and broadcast include:
major hospitals and research facilities such as Guy's Hospital,
Nuffield Orthopedic Centre, Headley Court and Loughborough
University, engineering industry leaders including: Ford Motor
Company, BMW, Toyota and European Space Agency and in the
entertainment sector; The Imaginarium, Sony, Industrial Light and
Magic, Sega, Nintendo, UbiSoft, EA and Square Enix. In
infrastructure asset management, clients include Highways England,
East Sussex, Kent, Lancashire, Transport for London, UK Power
Network, Cheshire East and West as well as many others.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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