13th May 2015 07:00
ONE MEDIA IP GROUP PLC - Exercise of Options and Issue of EquityONE MEDIA IP GROUP PLC - Exercise of Options and Issue of Equity
PR Newswire
London, May 12
13 May 2015 One Media iP Group PLC (`One Media') Exercise of options and issue of equity One Media iP Group Plc (AIM: OMIP), the digital media content provider whichexploits intellectual property rights around music and video, announces that ithas issued and allotted 100,000 ordinary shares of 0.5 pence each ("OrdinaryShares") pursuant to the exercise of employee share options exercised at aprice of 2.75 pence per share. Accordingly, application has been made for the 100,000 new Ordinary Shares tobe admitted to trading on AIM and it is expected that admission will take placeon or about 8.00 a.m. on Monday 18 May 2015 ("Admission"). In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) theCompany hereby notifies the market that immediately following Admission itsissued share capital will consist of 70,803,698 Ordinary Shares. The Companydoes not hold any shares in treasury. Shareholders may use these figure as thedenominator for the calculations by which they will determine if they arerequired to notify their interest in, or a change to their interest in, theCompany under the FCA's Disclosure and Transparency Rules. For further information please visit www.onemediaip.com or contact: One Media iP Group Plc Chairman and Chief ExecutiveMichael Infante Tel: +44 (0)175 378 5500 One Media iP Group Plc Brand & Communications ManagerAlice Dyson-Jones Tel +44 (0)175 378 5501 Cairn Financial Advisers LLP Nominated AdviserLiam Murray / Jo Turner Tel: +44 (0)20 7148 7900 Charles Stanley Securities Limited BrokerMark Taylor Tel: +44 (0)20 7149 6000 Notes to Editors: One Media is an intellectual property (iP) owner andcontroller of rights within the digital arena concerning music, video anddigital distribution. The consumer led but B2B (Business-to-business) operationlooks to exploit its catalogue of over 200,000+ music tracks and over 7,500hours of video by recompiling the content for sale through over 100 digitalmusic and video stores groups worldwide. The Company has a team of CreativeTechnicians, who digitise the content, create the metadata and re-compile andprepare 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 onmusic 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 Groupacquired for a consideration of USD$1.6m the Point Classics classical musiclibrary bringing the number to over 10,000 classical tracks now available tothe Group for exploitation. One Media is eligible for Enterprise InvestmentSchemes ("EIS") and Venture Capital Trusts ("VCT"). The company is profitable,cash resourced and has operated an active dividend policy.
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