AGM Statement

RNS Number : 6412F

OMG PLC

24 February 2015

 

24 February 2015

OMG plc

("OMG" or the "Group")

Annual General Meeting Statement

OMG plc (LSE: OMG), the technology group providing image understanding solutions for the entertainment, defence, life science, engineering and consumer electronics markets will hold its Annual General Meeting ("AGM") at 2pm today.

At the AGM Anthony Simonds-Gooding, Chairman of OMG, will make the following statement:

"The Board is pleased to announce that OMG has made a positive start to 2015, with all divisions tracking in line with management expectations.

The Board is particularly pleased to note that the Group continues to make progress to find new ways to realise latent value in its IP. In addition, OMG remains focused on strengthening its recurring revenue base and quality of income within its divisions.

Whilst the Group continues to be second half weighted in terms of revenue, OMG's pipeline of opportunities remains encouraging and, as such, the Board is confident of the Group's prospects for the year."

The Company will provide further information on trading when it announces its interim results for the six months ended 31 March 2015.

For further information please contact:

OMG plc	[phone]
Nick Bolton, CEO
David Deacon, CFO
FTI Consulting	[phone]
Matt Dixon / Emma Appleton / Charles Palmer / Harry Staight
N+1 Singer (NOMAD to OMG)	[phone]
Shaun Dobson / Jen Boorer

 

END

 

 

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