Amino Technologies PLC Exercise of Options and Director Dealing (9712T)

TIDMAMO

RNS Number : 9712T

Amino Technologies PLC

01 April 2016

1 April 2016

Amino Technologies plc

("Amino" or "the Company")

Exercise of Options and Director Dealing

Amino Technologies plc (LSE: AMO), the Cambridge-based leader in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, announces that Donald McGarva, Chief Executive Officer has today exercised options over 250,000 ordinary shares of 1p each ("Ordinary Shares").

Following the exercise of these options Mr McGarva sold 155,545 Ordinary Shares at a price of 109p per Ordinary Share to meet the exercise price and associated tax liabilities, pursuant to which Mr McGarva's shareholding has increased by 94,455 Ordinary Shares.

Following the options exercise and related sale the interests of Mr. McGarva is as follows:

 
 Director                 Number of           Number of   Total interest 
                    Ordinary Shares     Ordinary Shares      in Ordinary 
                      prior to this           following        Shares as 
                        transaction    this transaction      % of issued 
                                                           share capital 
 Donald McGarva             341,159             435,614             0.62 
 

For further information please contact:

 
Amino Technologies PLC                                            [phone] 
Donald McGarva, Chief Executive Officer 
 Julian Sanders, Interim Chief Financial Officer 
 
  finnCap Ltd (NOMAD and Joint Broker)                              [phone] 
Stuart Andrews / Matt Goode / Carl Homes (Corporate Finance) 
 
 Canaccord Genuity Limited (Joint Broker and Financial Adviser) 
 Simon Bridges / James Craven / Emma Gabriel                        [phone] 
FTI Consulting LLP                                                [phone] 
Chris Lane / Alex Le May / Darius Alexander 
 
 
 

About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV/OTT solutions. With over seven million devices sold to 1,000 customers in 100 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is headquartered near Cambridge, in the UK, and is listed on the AIM market of the London Stock Exchange (AIM: symbol AMO).

This information is provided by RNS

The company news service from the London Stock Exchange

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April 01, 2016 12:05 ET (16:05 GMT)