24 August 2026
One Media iP Group Plc
("One Media", the "Company" or the "Group")
Repayment of Bank Debt
One Media iP Group Plc (AIM: OMIP), the digital music rights acquirer, publisher and distributor, announces that it has repaid in full its outstanding long-term loan with Coutts & Company, using the Group's existing cash resources.
The outstanding loan was last reported in the Company's half-year results at £0.58 million.
Following repayment, the Group is now in a net cash position with no borrowings.
Michael Infante, Chief Executive Officer, commented: "We are pleased to have repaid our long-term bank debt entirely from the Group's own cash resources. This leaves One Media debt free and further strengthens our balance sheet."
This announcement contains inside information for the purposes of the UK Market Abuse Regulation. The person who arranged the release of this information is Michael Infante, Chief Executive Officer of the Company.
For further information, please contact:
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One Media iP Group Plc |
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Michael Infante |
Chief Executive Tel: +44 (0)175 378 5500 |
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Cairn Financial Advisers LLP |
Nominated Adviser |
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Liam Murray / Ludovico Lazzaretti |
Tel: +44 (0)20 7213 0880 |
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Cavendish Capital Markets Limited |
Broker |
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Giles Balleny (Corporate Finance) Michael Johnson (Sales) |
Tel: +44 (0)20 7397 8900 |
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Claire Turvey, Fourth Pillar claire@fourthpillarpr.com |
Financial PR Tel: +44 (0)7850 548 198 |
About One Media iP Group Plc
One Media is a digital music rights acquirer, publisher and distributor with a diversified catalogue of over 400,000 music tracks. The Group specialises in purchasing and monetising intellectual property rights with proven, repeat income streams. One Media adds value to its content by maximising its availability in over 600 digital stores globally, including Apple Music, YouTube, Amazon and Spotify.
One Media's music is also widely used for synchronisation in film and TV whilst its video content is primarily viewed on YouTube where One Media operates over 20 YouTube channels as a certified partner. Men & Motors, the Company's branded car channel, is now available via YouTube www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg
One Media is listed on the AIM Market of the London Stock Exchange under the ticker 'OMIP'.
For further information, please visit www.omip.co.uk and www.harmonyip.com/
Caution regarding forward looking statements
Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.