29 July 2015
One Media iP Group
PLC (`One Media')
Exercise of
warrants and issue of equity
One Media iP Group Plc (AIM: OMIP), the digital media content
provider which exploits intellectual property rights around music
and video, announces that it has issued and allotted 250,0000
ordinary shares of 0.5 pence each
("Ordinary Shares") pursuant to the exercise of employee warrants
exercised at a price of 1.5 pence per
share.
Accordingly, application has been made for the 250,000 new
Ordinary Shares to be admitted to trading on AIM and it is expected
that admission will take place on or about 8.00 a.m. on Monday 4
August 2015 ("Admission").
In accordance with the Disclosure and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately
following Admission its issued share capital will consist of
71,053,698 Ordinary Shares. The Company does not hold any shares in
treasury. Shareholders may use these figure as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.
For further information please visit www.onemediaip.com or
contact:
One Media iP Group
Plc
Michael Infante |
Chairman and Chief
Executive
Tel: +44 (0)175 378 5500 |
One Media iP Group Plc
Alice Dyson-Jones |
Brand & Communications
Manager
Tel +44 (0)175 378 5501 |
Cairn Financial
Advisers LLP
Liam Murray / Jo Turner |
Nominated
Adviser
Tel: +44 (0)20 7148 7900 |
Panmure Gordon (UK)
Limited
Mark Taylor |
Broker
Tel: +44 (0)20 7886 2500 |
Notes to Editors: One Media is an intellectual property
(iP) owner and controller of rights within the digital arena
concerning music, video and digital distribution. The consumer led
but B2B (Business-to-business) operation looks to exploit its
catalogue of over 200,000+ music tracks and over 7,500 hours of
video by recompiling the content for sale through over 100 digital
music and video stores groups worldwide. The Company has a team of
Creative Technicians, who digitise the content, create the metadata
and re-compile and prepare the digital music & video releases
using bespoke in-house software. Additionally, One Media
makes its library of content available for TV shows, movies,
adverts and websites requiring background music. One Media
focuses on music performed by well-known artists from every genre,
including; pop, rock, reggae, R&B, children's music, karaoke,
jazz, soul, blues, rap, hip-hop, gospel, world-music, plus stand-up
comedy, spoken-word. In July 2014 the
Group acquired for a consideration of USD$1.6m the Point Classics classical music
library bringing the number to over 10,000 classical tracks now
available to the Group for exploitation. One Media is eligible for
Enterprise Investment Schemes ("EIS") and Venture Capital Trusts
("VCT"). The company is profitable, cash resourced and has operated
an active dividend policy.