Share Buyback Programme
Oxford Metrics announces £3 million share buyback programme starting 12 October 2026.
- Buyback amount £3 million
- Shares available to purchase 9,446,133
- Ordinary share par value 0.25 pence
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Oxford Metrics plc (LSE: OMG), the smart sensing and measurement technology group serving life sciences, entertainment, engineering and manufacturing markets, is pleased to announce a return of up to £3 million in cash in aggregate to its shareholders through the means of a Share Buyback Programme (the "Buyback Programme").
The Company has entered into a non-discretionary arrangement with Panmure Liberum Limited to conduct the Buyback Programme on its behalf, which will begin with effect from Monday 12 October 2026. Under these arrangements, Panmure Liberum will make trading decisions in relation to the buyback of the Group's ordinary shares of 0.25 pence each, independently of the Group within the programme terms and pre-set parameters.
It is currently intended that all shares repurchased by the Company under the Share Buyback Programme will be held in treasury.
Shares purchased under the Buyback Programme will continue to take place in open market transactions and may be made from time to time depending on market conditions, share price and trading volumes. The Buyback Programme will be effected under the authority granted by shareholders at the Company's most recent Annual General Meeting, held on 25 February 2026, to purchase a maximum of 11,493,133 Ordinary Shares, of which the Company has the remaining authority to purchase 9,446,133 shares. This authority will expire at the conclusion of the next annual general meeting of the Company in 2027.
The Share Buyback Programme will continue to be conducted within the parameters of the Market Abuse Regulation 596/2014/EU as it forms part of UK law by virtue of the European Union (withdrawal) Act 2018, as amended and the delegated regulations made pursuant to it, save that there may be circumstances where the Company conducts share repurchases such that they exceed 25 per cent of the average daily volume in Ordinary Shares for the 20 trading days prior to the share repurchase.
The Company confirms that it currently has no unpublished price sensitive information.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.