OMG Oxford Metrics Plc

TIDMOMG

RNS Number : 2676O

Oxford Metrics PLC

02 October 2023

2 October 2023

Oxford Metrics plc

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

Confirmation of CEO Appointment

Oxford Metrics plc (LSE: OMG), the smart sensing software company, servicing life sciences, entertainment and engineering markets, today announces that Imogen Moorhouse has assumed the role of CEO of Oxford Metrics plc and has been appointed as a Board Director with effect from 1 October 2023.

Imogen's appointment as CEO and to the Board of Directors follows the Company's CEO succession announcement on 10 July 2023 . As such, Nick Bolton has resigned as a Director and CEO of Oxford Metrics as of 30 September 2023.

Roger Parry, Chairman of Oxford Metrics, said: "Following a thorough and orderly transition process, the Board is delighted to welcome Imogen into her new and broader role at Oxford Metrics. With a 22-year tenure at Vicon, the last 11 years as Vicon CEO, we are very fortunate to have a natural successor. Imogen has been integral to strategic initiatives and growth to date, and we look forward to supporting her as she leads and scales the business towards its five-year plan for growth."

Imogen Moorhouse, Oxford Metrics CEO, commented: "I am delighted to formally take up the position as CEO of Oxford Metrics which is on an exciting growth trajectory and continues to push the boundaries of innovation. I look forward to working closely with the Board and the broader teams to drive further momentum in capturing the expanding market opportunity in Smart Sensing."

Additional information:

Imogen Precious Moorhouse, formerly Imogen Precious O'Connor, aged 51, does not hold or has not held, in the past five years, any directorships or partnerships.

Save as disclosed above, Mrs Moorhouse has confirmed that there is no further information required to be disclosed pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.

For further information please contact:

 
Oxford Metrics                           +44 (0)1865 261860 
Imogen Moorhouse, CEO 
David Deacon, CFO 
 
Numis Securities Limited                 +44 (0)20 7260 1000 
Simon Willis / Hugo Rubinstein / Tejas 
 Padalkar 
 
FTI Consulting                           +44 (0)20 3727 1000 
Matt Dixon / Emma Hall / Jamille Smith 
 / Jemima Gurney 
 
 

About Oxford Metrics

Oxford Metrics develops software that enables the interface between the real world and its virtual twin. Our smart sensing software helps over 10,000 customers in more than 70 countries, including all of the world's top 10 games companies and all of the top 20 universities worldwide. Founded in 1984, we started our journey in healthcare, expanded into entertainment, winning an OSCAR(R) and an Emmy(R), then moved into defence and engineering. We have a track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses.

The Group trades through its market-leading division: Vicon. Vicon is a world leader in motion measurement analysis to thousands of customers worldwide, including Guy's Hospital, Industrial Light & Magic, MIT and NASA.

The Group is headquartered in Oxford with offices in California, Colorado, 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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