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 \n One Media iP Group Plc \n\n (\"One Media\" or \"the Group\" or \"the Company\") \n\n Exercise of options and issue of equity \n\nOne Media iP Group Plc (AIM: OMIP), the digital media content provider which\nexploits intellectual property rights around music and video, announces that it\nhas issued and allotted 500,000 ordinary shares of 0.5 pence each (\"Ordinary\nShares\") pursuant to the exercise of share options.\n\nAccordingly, application has been made for the 500,000 new Ordinary Shares to\nbe admitted to trading on AIM and it is expected that admission will take place\non or about 8.00 a.m. on 8 November 2013 (\"Admission\").\n\nIn accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the\nCompany hereby notifies the market that immediately following Admission its\nissued share capital will comprise 65,453,698 Ordinary Shares. The Company does\nnot hold any shares in treasury. Shareholders may use this figure as the\ndenominator for the calculations by which they will determine if they are\nrequired to notify their interest in, or a change to their interest in, the\nCompany under the FSA's Disclosure and Transparency Rules.\n\n\nEnquiries:\n\nMichael Infante One Media iP Group PLC Chairman +44 (0) 175 378 5500\n and CEO \n \nLiam Murray/Jo Turner Cairn Financial Advisers LLP, +44 (0) 207 148 7900\n Nominated Adviser \n \nMark Taylor Charles Stanley Securities, +44 (0) 207 149 6000\n Broker \n \nJohn West / Niall Walsh Tavistock Communications, +44 (0) 207 920 3150\n Public Relations \n\n\nNotes to Editors:\n\nOne Media is a digital music and video rights owner. The consumer led but B2B\n(Business-to-business) operation looks to exploit its catalogue of over 170,000\nmusic tracks and over 5,000 hours of video by recompiling the content for sale\nthrough over 600 digital music and video stores worldwide. The Company has a\nteam of Creative Technicians who digitise the content, create the metadata and\nre-compile and prepare the digital music & video releases using bespoke\nin-house software.\n\nAdditionally, One Media makes its library of content available for TV shows,\nmovies, adverts, games and websites. One Media operates an online sync database\nsystem that enables music supervisors to explore the library and select tracks\nfor music briefs.\n\nOne Media focuses on music performed by well known a...