One Media iP Group Plc Director dealing and Issue of Equity
25 January 2021 - 6:00PM
UK Regulatory
TIDMOMIP
One Media iP Group Plc
("One Media" or the "Company")
Director dealing and Issue of Equity
One Media iP Group Plc (AIM: OMIP), the digital music rights acquirer,
publisher and distributor, announces that on 21 January 2021 it received
notification from Michael Infante, Chief Executive Officer of the Company, to
exercise 500,000 options over ordinary shares at an exercise price of 2.75p
each pursuant to the share options granted on 7 March 2011.
Accordingly, application has been made to the London Stock Exchange for the
500,000 new ordinary shares to be admitted to trading on AIM ("Admission").
Admission is expected to occur on or around 28 January 2021 at 8:00 a.m. The
new ordinary shares will rank pari passu with the existing ordinary shares.
Following Admission, the total number of ordinary shares in issue will be
222,446,249. 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.
Following the above exercise and Admission, Michael Infante will be interested
in 26,077,862 ordinary shares in the Company, representing 11.72 % of the
Company's enlarged issued share capital.
The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail:
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Michael Infante
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification / Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name One Media iP Group plc
b) LEI 213800PAVPCE7JDBF341
4 Details of the transaction(s): section to be repeated for (i) each type
of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
a) Description of the Options over ordinary shares of 0.5 pence each
financial instrument,
type of instrument
Identification code GB000B1DRDZ07
b) Nature of the Exercise of options to acquire ordinary shares at
transaction an exercise price of 2.75p
c) Price(s) and volume(s)
Price(s) Volume(s)
2.75 pence 500,000
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 22 January 2021
f) Place of the AIM, London Stock Exchange
transaction
-Ends-
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014. The person who arranged the release of this information
is Michael Infante, Chief Executive Officer of the Company.
One Media iP Group Plc +44 (0)175 378 5500
Michael Infante - CEO
Claire Blunt - Chairman +44 (0)175 378 5501
Cairn Financial Advisers LLP (Nominated Adviser) +44 (0)20 7213 0880
Liam Murray
Jo Turner
Ludovico Lazzaretti
Cenkos Securities plc (Broker) +44 (0)20 7397 8900
Max Hartley
Max Gould
Michael Johnson (Sales)
Yellow Jersey PR (PR & IR) +44 (0)20 3004 9512
Charles Goodwin
Annabel Atkins
About One Media iP Group Plc
One Media is a digital music rights acquirer, publisher and distributor. 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, TV and
digital gaming whilst its video content is primarily viewed on YouTube where
One Media operates over 20 YouTube channels as a certified partner.
One Media is listed on the London Stock Exchange on the AIM index, under the
symbol 'OMIP'.
For further information, please visit www.omip.co.uk and http://
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.
END
(END) Dow Jones Newswires
January 25, 2021 02:00 ET (07:00 GMT)
One Media Ip (LSE:OMIP)
Historical Stock Chart
From Mar 2024 to May 2024
One Media Ip (LSE:OMIP)
Historical Stock Chart
From May 2023 to May 2024