Director's Purchase of shares
31st October 2012
One Media iP Group plc
("One Media" or the "Company")
Director's Purchase of shares
One Media announces that it has today been notified that Mr Nigel Smethers
(Finance Director) has purchased 58,371 (fifty eight thousand, three hundred
and seventy one) shares at a price of 2 pence per share.
Prior to the purchase of shares, Mr. Nigel Smethers held 885,000 shares and his
wife Mrs. K Smethers held 400,000 shares. Following this purchase, Mr Nigel
Smethers now holds a direct and indirect shareholding of 1,343,371 shares,
representing approximately 2.46% of the issued share capital of the Company.
The total shares in issue is 54,628,698.
The directors of the issuer accept responsibility for this announcement.
For further information please contact:
One Media iP Group plc
Tel: +44 (0)17 5378 5500
Michael Infante, Chairman and Chief Executive; michael@onemediaip.com
www.onemediaip.com
Hybridan LLP, Corporate Adviser
Tel: +44 (0)20 7947 4350
Claire Noyce / Deepak Reddy
email: claire.noyce@hybridan.com / Deepak.reddy@hybridan.com
Notes to Editors:
One Media operates a model of content acquisition, representation and digital
exploitation, which is successful and profitable. The Company's small team of
Creative Technicians ingests, re-compiles and prepares digital music releases
utilising the bespoke `in-house' developed software. The newly compiled
digital-only albums are then distributed across over 300 digital retail stores
worldwide. One Media now has thousands of albums listed across all the key
digital stores such as iTunes, Amazon, Spotify, Deezer, eMusic and streaming
channels on YouTube to name but a few. One Media is a B2B content supplier to
all digital stores and does not operate its own consumer site. Its music
catalogue is also available for synchronisation use in films, advertisements,
TV programs and games. One Media operates an online sync database system that
enables music supervisors to explore the vast library and select tracks for
music briefs. With over 70 catalogue acquisitions to date, the catalogue
contains circa 170,000 music tracks and over 4000 hours of video content, from
artists spanning 7 decades from the `forties' to the `noughties'. One Media
focuses on `middle of the road', nostalgic music by well known artists from
every genre, including; Pop, Rock, Reggae, R&B, Children's music, Karaoke,
Easy-Listening, Jazz, Soul, Blues, Rap, Hip-Hop, Gospel, World-Music, plus
Stand-Up Comedy, Spoken-Word and over 1000 hours of Classical Music. One Media
is now an eligible company for the Enterprise Investment Scheme ("EIS") and the
Venture Capital Trust ("VCT").
Highlights
April 2012 Half Year Interim Accounts
Turnover increased by 29.3% to GBP1,002,302 (2011: GBP774,933)
Pre-tax profits increased by 35.4% to GBP204,667 (2011: GBP151,123)
A dividend of GBP15,051 (November 2011) was paid in the period with a further
GBP55,000 paid in June 2012.