ONE MEDIA IP GROUP PLC: Exercise of Options and Issue of Equity
One Media iP Group Plc
("One Media" or "the Group" or "the Company")
Exercise of options and 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 500,000 options at an exercise price of 2.75p and 250,000 warrants an exercise price of 1.5p have been exercised. The gross proceeds of the exercise amounts to £17,500. Accordingly, application has been made for 750,000 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 3 October 2013 ("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 64,853,698 Ordinary Shares. The Company does not hold any shares in treasury. Shareholders may use this 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. Enquiries: Michael Infante One Media iP Group PLC +44 (0) 175 378 5500 Chairman and CEO
Liam Murray/Jo Turner Cairn Financial Advisers LLP, +44 (0) 207 148 7900
Claire Noyce/Deepak Reddy Hybridan LLP, AIM Broker +44 (0) 207 947 4004
John West/Niall Walsh Tavistock Communications, +44 (0) 207 920 3150
Notes to Editors:
One Media is a digital music and video rights owner. The consumer led but B2B (Business-to-business) operation looks to exploit its catalogue of over 170,000 music tracks and over 5,000 hours of video by recompiling the content for sale through over 600 digital music and video stores 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, games and websites. One Media operates an online sync database system that enables music supervisors to explore the library and select tracks for music briefs.
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 and over 1,000 hours of classical music.
One Media is eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT").
-0- Sep/27/2013 10:47 GMT