6 May 2020
One Media iP Group Plc
("One Media”, the "Company" or the “Group”)
H1 Trading Update
One Media iP Group Plc (AIM: OMIP), the digital music rights acquirer,
publisher and distributor, is pleased to provide the following update on
trading ahead of its results for the six months ended 30 April 2020.
Despite challenging market conditions caused by Covid-19, One Media retains a
strong cash position and continues to trade in line with market expectations.
The Group’s staff remain fully employed in its businesses and continue to
work efficiently on a remote basis. Further opportunities are being explored
to expand One Media’s music catalogue and exploit its initiatives around
TCAT and Harmony IP.
The Group intends to report its interim results in June 2020.
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.
-Ends-
One Media iP Group Plc Michael Infante - CEO Claire Blunt – Chairman +44 (0)175 378 5500 +44 (0)175 378 5501
Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray Jo Turner Ludovico Lazzaretti +44 (0)20 7213 0880
Cenkos Securities plc (Broker) Max Hartley Max Gould Michael Johnson (Sales) +44 (0)20 7397 8900
Yellow Jersey PR (PR & IR) Charles Goodwin Annabel Atkins +44 (0)20 3004 9512
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 http://www.omip.co.uk/
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