OXFORD METRICS PLC

Remuneration Information • Dec 7, 2016

National Storage Mechanism | Additional information

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RNS Number : 2045R

OMG PLC

07 December 2016

7th December 2016 

OMG plc

("Oxford Metrics" or the "Group")

Grant of LTIP Awards to Directors

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 granted share options ("Options") to certain of its executive directors to acquire a total of 1,800,000 ordinary shares of 0.25p each in the capital of the Company under the OMG plc Long Term Incentive Plan and the OMG plc 2016 EMI Plan:

Director		Total number of shares over which Options granted	Total Number of shares under options held following this grant	Total Number of shares under options held as % of issued share capital
Nick Bolton, Chief Executive Officer	1,200,000		2,408,500	1.98%
David Deacon, Chief Financial Officer	600,000		1,204,250	1%

All Options have been granted as nil cost options with half vesting after a period of three years from grant, a quarter vesting after a period of four years and the final quarter vesting after a period of five years. All Options are subject to achievement of certain performance conditions on the basis of 25% vesting for 7.5% per annum total shareholder return growth ("TSR"), 75% vesting for 15% per annum TSR and 100% vesting for 20% per annum TSR (and on a straight-line basis between these points) tested between 1 January 2016 and 31 December 2018. The Options are exercisable over the period of 10 years from the date of grant.

Following these grants the Company has a total of  5,660,395 share options outstanding representing 4.7% of the existing issued share capital of the Company.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nick Bolton

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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

Share Options over Ordinary Shares of 0.25p each

ISIN for OMG plc Ordinary Shares GB0030312788

b)

Nature of the transaction

Grant of share options under (a) the OMG plc Long Term Incentive Plan and (b) the OMG plc 2016 EMI Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil Nil	694,952 505,048

d)

Aggregated information

-	Aggregated volume
-	Price

1,200,000 ordinary shares of 0.25p each

Nil consideration

e)

Date of the transaction

7th December  2016

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Deacon

2

Reason for the notification

a)

Position/status

Chief Financial Officer

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

Share Options over Ordinary Shares of 0.25p each

ISIN for OMG plc Ordinary Shares GB0030312788

b)

Nature of the transaction

Grant of share options under (a) the OMG plc Long Term Incentive Plan and (b) the OMG plc 2016 EMI Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil Nil	94,952 505,048

d)

Aggregated information

-	Aggregated volume
-	Price

600,000 ordinary shares of 0.25p each

Nil consideration

e)

Date of the transaction

7th December 2016

f)

Place of the transaction

Outside a trading venue

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 / Charles Palmer / 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

This information is provided by RNS

The company news service from the London Stock Exchange

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