Business
Director's dealings and Issue of Equity
Director's dealings and Issue of Equity.
About this update from One Media Ip Group Plc
[{"type":"text","content":"\n \nOne Media iP Group Plc\n\n(\"One Media\", the \"Group†or the “Company\")\n\nDirector’s dealings and Issue of Equity\n\nOne Media iP Group Plc (AIM: OMIP), a digital and technical media content provider, which consolidates, exploits and monetises intellectual property rights around music and video, announces that is has issued and allotted 800,000 ordinary shares of 0.5 pence each pursuant to the exercise of share options granted on 7 March 2011 at a price of 2.75 pence each.\n\nScott Cohen, a director of the Company exercised 500,000 of the options. Following this exercise Scott Cohen has an interest of 1,000,000 shares in the Company representing approximately 1.1% of the so enlarged issued share capital of the Company.\n\nAccordingly, application has been made to the London Stock Exchange for the 800,000 new ordinary shares to be admitted to trading on AIM (“Admissionâ€). Admission is expected to occur on or around 9 March 2018 at 8:00 a.m.\n\nFollowing Admission, the total number of ordinary shares in issue will be 87,353,698. The Company does not hold any shares in treasury. This figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 and the person who arranged for release of this announcement on behalf of the Company was Steve Gunning, Company Secretary.\n\nFor further information, please contact:\n\n\n\nOne Media iP Group Plc \n\n\n\n\nMichael Infante, Chairman and Chief ExecutiveAlice Dyson-Jones, Communications\n+44 (0)175 378 5500+44 (0)175 378 5501\n\n\n\n\n\n\n\n\nCairn Financial Advisers LLP (Nominated Adviser)\n\n\n\n\nLiam Murray, Jo Turner \n+44 (0)20 7213 0880\n\n\n\n\n\n\n\n\nPanmure Gordon (UK) Ltd (Broker)\n\n\n\n\nJames Stearns\n+44 (0)20 7886 2500\n\n\n\n\n\n\n\n\nLuther Pendragon Ltd (Financial PR)\n\n\n\n\nHarry Chathli, Claire Norbury\n+44 (0)20 7618 9100\n\n\n\nNotes to Editors\n\nBased at Pinewood Studios, One Media is an 'intellectual property' (IP) owner and/or controller of rights within the digital arena ...