Exercise of Options and Director Dealing

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 Ordinary Shares prior to this transaction	Number of Ordinary Shares following this transaction	Total interest in Ordinary Shares as % 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).

 

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