6 November 2015
One Media iP Group Plc
("One Media" or "the Group" or "the Company")
Dividend Declaration
One Media is pleased to announce a second interim dividend for the financial year ending 31 October 2015.
Pursuant to the interim dividend payment of 0.071p per share announced in July 2015, the Group is pleased to announce that it intends to pay a second interim dividend of 0.071p per ordinary share in respect of the year ending 31 October 2015.
The ex-dividend date of this payment is 12 November 2015, the record date is 13 November 2015 and the expected payment date on or by 20 November 2015.
For further information, please contact:
One Media iP Group Plc | Chairman and Chief Executive |
Michael Infante | 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 | Nominated Adviser |
Liam Murray / Jo Turner | Tel: +44 (0)20 7148 7900 |
Panmure Gordon (UK) Limited | Broker |
Mark Taylor | Tel: +44 (0)20 7886 2500 |
Notes to Editors:
Based at Pinewood Studios, 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 250,000+ music tracks and over 10,000 hours of video by recompiling the content for sale through over 600 digital music and video stores groups worldwide.
The Company 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 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 since 2011.