Retirement of Non-Executive Director

RNS Number : 0794Q

Oxford Metrics PLC

15 February 2019

 

15 February 2019

Oxford Metrics plc

("Oxford Metrics", the "Company" or the "Group")

Retirement of Non-Executive Director

Oxford Metrics plc (LSE: OMG) the international software company servicing government, life sciences, entertainment and engineering markets, announces that Jonathon Reeve, Non-Executive Director and Chair of the Remuneration Committee, has informed the Board of his wish to retire from the Company. Jonathon will be standing down before the 2020 AGM, expected to be held in February 2020.

The Board intends to initiate a search for a new Non-Executive Director, who will also be Chair of the Remuneration Committee. Further details will be announced when the process is completed.

Commenting on the appointment Roger Parry, Chairman of Oxford Metrics, said:

"On behalf of the Board and our shareholders, I would like to thank Jonathon for his long service during which period the Company has made significant progress. It has been a great pleasure to work alongside him".

For further information please contact:

Oxford Metrics plc	[phone]
Nick Bolton, CEO
David Deacon, CFO
FTI Consulting	[phone]
Matt Dixon / Harry Staight / Jamille Smith
N+1 Singer (NOMAD to Oxford Metrics)	[phone]
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

 

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