Business
Exercise of Options and Issue of Equity
Exercise of Options and Issue of Equity.
About this update from One Media Ip Group Plc
[{"type":"text","content":"\n \n29th January 2018\n\nOne Media iP Group Plc\n\n(\"One Media\", the \"Group†or the “Company\")\n\nExercise of Options and Issue of Equity\n\nOne Media iP Group Plc (AIM: OMIP), a digital media content provider that exploits intellectual property rights around music, video and copyright technology, announces that is has issued and allotted 500,000 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\nAccordingly, application has been made to the London Stock Exchange for the 500,000 new ordinary shares to be admitted to trading on AIM (“Admissionâ€). Admission is expected to occur on or around 1 February 2018 at 8:00 a.m.\n\nFollowing Admission, the total number of ordinary shares in issue will be 86,553,698. 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 Michael Infante, Chairman and Chief ExecutiveAlice Dyson-Jones, Communications\n+44 (0)175 378 5501+44 (0)175 378 5500\n\n\n\n\n\n\n\nCairn Financial Advisers LLP (Nominated Adviser)Liam Murray, Jo Turner \n+44 (0)20 7213 0880\n\n\n\n\n\n\n\nPanmure Gordon (UK) Ltd (Broker)Karri Vuori, James Stearns\n+44 (0)20 7886 2500\n\n\n\n\n\n\n\nLuther Pendragon Ltd (Financial PR)Harry 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 concerning music, video and digital distribution. It is a B2B (business-to-business) operation, that is consumer led which looks to exploit its catalogue of over 250,000 music tracks and over 10,000 hours of video by recompiling its content for download, streaming and sub licensing throug...