Business

Grant of Options

Grant of Options.

articleOne Media Ip Group PlcApril 11, 20193/company/one-media-ip-group-plc/news/grant-of-options-171
Grant of Options

About this update from One Media Ip Group Plc

[{"type":"text","content":"\n \n11 April 2019\n\nOne Media iP\n\n(\"One Media\", or “OMiP” or the \"Company\")\n\nGrant of Options\n\nOne Media iP Group Plc (AIM: OMIP), the digital media content provider that exploits intellectual property rights around music, video and copyright technology, announces the approval of the grant of options over a total of 5,500,000 Ordinary Shares to directors and key management at an exercise price of 6p. The options are exercisable after 31 October 2021 and vesting is subject to a performance criteria based on the return on capital employed (“ROCE”) from each of the financial years ending October 2019, 2020 and 2021 of the Company. A further 300,000 options in total have been granted to the staff of the Company. All of the aforementioned grants were recommended by the Company’s remuneration committee.\n\nThe grant to Directors and PDMRs is comprised as follows:\n\n\n\nName\nNumber of options granted\nNumber of options held prior to grant\nNumber of shares held\n\n\n\nDirectors\n\n\n\n\n\n\nMichael Infante\n1,000,000\n1,500,000\n25,577,862\n\n\n\nMichael Grade\n1,000,000\nNil\n8,125,000\n\n\n\nPhilip Miles\n1,000,000\n1,100,000\n438,340\n\n\n\nIvan Dunleavy\n1,000,000\nNil\n8,125,000\n\n\n\nKey management\n\n\n\n\n\n\nAlice Dyson-Jones\n1,000,000\n700,000\n132,023\n\n\n\nSteve Gunning\n500,000\n500,000\n0\n\n\n\nTotal\n5,500,000\n\n\n\n\n\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n\n\n\nOne Media iP Group Plc   \n\n\n\n\nMichael Infante - Chief ExecutiveIvan Dunleavy - Chairmanwww.omip.co.uk\n+44 (0)175 378 5501+44 (0)175 378 5500\n\n\n\n\n\n\n\n\nCairn Financial Advisers LLP (Nominated Adviser)\n+44 (0)20 7213 0880\n\n\n\nLiam MurrayJo TurnerLudovico Lazzaretti\n\n\n\n\n\n\n\n\n\nPanmure Gordon (UK) Ltd (Broker)\n+44 (0)20 7886 2500\n\n\n\nJames Stearns\n\n\n\n\n\n\n\n\n\nYellow Jersey PR (PR & IR)\n+44 (0)20 3004 9512\n\n\n\nGeorgia ColkinJoe Burgess \n\n\n\n\n\n\n\n\n\nAbout One Media iP Group Plc\n\nOne Media is a UK listed digital media content provider that exploits intellectual property rights around music, video and copyright technology. Driven by the growth in streaming, the Company is dedicated to expanding the business through acquisition of new content and promotion of its existing catalogue.\n\nThe Compan...

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