REG-One Media iP Group Plc: Director dealing and Issue of Equity
25/01/2021 07:05
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 /Amendment Initial Notification
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 financial instrument, type of instrument Options over ordinary shares of 0.5 pence each
Identification code GB000B1DRDZ07
b) Nature of the transaction Exercise of options to acquire ordinary shares at 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 transaction AIM, London Stock Exchange
-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 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 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.
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