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 exercised |
Exercise price (pence per share) |
Nick Bolton (Chief Executive Officer) |
1,208,500 |
0.0025 |
David Deacon (Chief Financial Officer) |
473,016 |
23.42 |
Cathy Robertson (Group Executive Director) |
604,250 300,000 |
0.0025 24.59 |
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.
