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.