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 Chairman and Chief Executive
Michael Infante Tel: +44 (0)175 378 5500
One Media iP Group Plc Brand & Communications Manager
Alice Dyson-Jones 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: 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.