PDMR Dealing
Updated : 11:46
Oxford Metrics plc
("Oxford Metrics", the "Company" or the "Group")
PDMR Shareholding, Issue of Ordinary Shares
& Total Voting Rights
Oxford Metrics plc (AIM:OMG), the international software company servicing government, life sciences, entertainment and engineering markets, is pleased to announce that it has agreed to issue 28,249 Ordinary Shares (calculated at the closing mid-market price of 88.5 pence per Ordinary Share on 2 December 2019) to its Non-Executive Chairman, Roger Parry in satisfaction 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 28,249 Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place and that trading will commence on AIM on 10 December 2019.
Following this transaction, Roger Parry's total shareholding in the company will be 257,803 Ordinary Shares representing 0.21% of the Company's total issued share capital and total voting rights.
Total Voting Rights
Following Admission, the Company will have 125,166,379 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 125,166,379.
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 | 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 | Oxford Metrics Plc | ||||||
b) | LEI | 2138002ZKGRM1MQ8JW43 | ||||||
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
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c) | Price(s) and volume(s)
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d) | Aggregated information | N/a (Single transaction) | ||||||
e) | Date of the transaction | 4 December 2019 | ||||||
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 | |
N+1 Singer (NOMAD to Oxford Metrics) | +44 (0) 20 7496 3000 |
Shaun Dobson / George Tzimas (Corporate Finance) | |
Tom Salvesen (Corporate Broking) |
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, Singapore and Auckland. 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
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