One Media iP Group Plc Director's dealings and Issue of Equity
March 05 2018 - 10:25AM
UK Regulatory
TIDMOMIP
One Media iP Group Plc
("One Media", the "Group" or the "Company")
Director's dealings and Issue of Equity
One Media iP Group Plc (AIM: OMIP), a digital and technical media content
provider, which consolidates, exploits and monetises intellectual property
rights around music and video, announces that is has issued and allotted
800,000 ordinary shares of 0.5 pence each pursuant to the exercise of share
options granted on 7 March 2011 at a price of 2.75 pence each.
Scott Cohen, a director of the Company exercised 500,000 of the options.
Following this exercise Scott Cohen has an interest of 1,000,000 shares in the
Company representing approximately 1.1% of the so enlarged issued share capital
of the Company.
Accordingly, application has been made to the London Stock Exchange for the
800,000 new ordinary shares to be admitted to trading on AIM ("Admission").
Admission is expected to occur on or around 9 March 2018 at 8:00 a.m.
Following Admission, the total number of ordinary shares in issue will be
87,353,698. The Company does not hold any shares in treasury. This figure may
be used by shareholders in the Company 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 share capital of the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 and the person who arranged for release of this
announcement on behalf of the Company was Steve Gunning, Company Secretary.
For further information, please contact:
One Media iP Group Plc
Michael Infante, Chairman and Chief Executive +44 (0)175 378 5500
Alice Dyson-Jones, Communications +44 (0)175 378 5501
Cairn Financial Advisers LLP (Nominated Adviser)
Liam Murray, Jo Turner +44 (0)20 7213 0880
Panmure Gordon (UK) Ltd (Broker)
James Stearns +44 (0)20 7886 2500
Luther Pendragon Ltd (Financial PR)
Harry Chathli, Claire Norbury +44 (0)20 7618 9100
Notes to Editors
Based at Pinewood Studios, One Media is an 'intellectual property' (IP) owner
and/or controller of rights within the digital arena concerning music, video
and digital distribution. It is a B2B (business-to-business) operation, that is
consumer led which looks to exploit its catalogue of over 250,000 music tracks
and over 10,000 hours of video by recompiling its content for download,
streaming and sub licensing through over 600 digital music and video stores
worldwide.
The Group has a team of Creative Technicians, all of whom are YouTube
certified, who digitise the content, create the metadata, re-compile and
prepare the digital music & video releases using bespoke in-house developed
software. Additionally, One Media makes its library of content available for TV
shows, movies, adverts and websites requiring synchronised 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 and world-music, plus stand-up comedy and 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. The Group owns all the rights to the
Men & Motors (originally Granada/ITV) TV shows originally aired on British TV
between 1996 and 2010. Comprising over 3,500 shows, Men & Motors is available
for viewing on the Group's YouTube Channel.
Recently the Group has developed a content discovery and policing software
service, 'Technical Copyright Analysis Tool' (TCAT), as a new service to record
companies, publishers and law firms searching information of artists and tracks
on legitimate digital stores. One Media has been previously eligible for
Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT").
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Scott Cohen
2 Reason for
notification
a. Position/Status PDMR
b. Initial notification Initial Notification
/
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name One Media iP Group Plc
b. LEI 213800PAVPCE7JDBF341
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a. Description of the Options over 500,000 ordinary shares of 0.5p each
financial
instrument, type of ISIN: GB00B1DRDZ07
instrument
Identification Code
b. Nature of the Exercise of options
transaction
c. Price(s) and volume Price(s) Volume(s)
(s)
2.75p 500,000
d. Aggregated
information
500,000
- Aggregated Volume
2.75p
- Price
e. Date of the 5 March 2018
transaction
f. Place of the London Stock Exchange, AIM
transaction
END
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