The British rockers were performing at the bash at London's O2 Brixton Academy on Wednesday (17Feb16) when Oli leaped on to the table where Coldplay frontman Chris Martin and his bandmates were sitting, scattering drinks and causing it to topple over.
However, the Drown singer has denied his actions were motivated by any malice towards the Viva La Vida musicians, who were at the ceremony to collect the NME's Godlike Genius Award.
"I had no sound in my ears so I thought 'Well, there might be sound out there,'" Oli tells Britain's NME magazine. "There weren't (sic) sound out there so when I came back there was a table, which I got on. There wasn't any sound on there, but it was a bit more energetic up there. It was in no way a protest against Coldplay."
The group's keyboard player Jordan Fish confirmed to the publication that his bandmate's actions were not aimed at any specific target, saying, "I don't think (Oli) was aiming for Coldplay. It was just whoever was nearest, it (just) happened to be Coldplay."
Editors at the British music magazine report Chris was untroubled by the incident, and thought it was, "great, very rock and roll".
Both bands were winners on the night, as in addition to the honour bagged by Coldplay, Bring Me The Horizon took home an NME Innovation Award.