REG-One Media iP Group Plc: New Contract - Clarification

One Media IPAnnouncement

23/01/2019 12:05

23 January 2019

One Media iP Group Plc

("One Media", or “OMiP” or the "Company")

New Contract - clarification

Further to the notification made on 21 January 2019 titled ‘New Contract’,
the Company provides further disclosure on the terms.

The contract refers to a recoupable advance of US$1,000,000 (the
“Advance”) that has been made by one of the Company’s distributors (the
“Distributor”).  The Advance will be used for general working capital
purposes.

The Advance covers the period up until 31 December 2020 and is recoupable by
the Distributor against future sales by the Company. In the event that the
requisite sales are not met, the Distributor has the option but not the
obligation to immediately recoup the outstanding amount.

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 and the person who arranged for release of this
announcement on behalf of the Company was Steve Gunning, Company Secretary.

 One Media iP Group Plc                                                                                              
 Michael Infante - Chief Executive Ivan Dunleavy - Chairman www.omip.co.uk  +44 (0)175 378 5501 +44 (0)175 378 5500  
                                                                                                                     
 Cairn Financial Advisers LLP (Nominated Adviser)                           +44 (0)20 7213 0880                      
 Liam Murray / Jo Turner                                                                                             
                                                                                                                     
 Panmure Gordon (UK) Limited (Broker)                                       +44 (0)20 7886 2500                      
 James Stearns                                                                                                       
                                                                                                                     
 Yellow Jersey (PR & IR)                                                    +44 (0)20 3004 9512                      
 Georgia Colkin Joe Burgess                                                                                          

About One Media iP Group Plc

One 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.

The Company’s consumer-led B2B operation exploits a growing collection of
music and video content by recompiling it for sale via more than 600 digital
music and video store groups across the globe.

One Media focuses on music performed by well-known artists from every genre,
from classical, Rock, Pop through to Soul and R&B as well as celebrity spoken
word. The Company also owns the rights to Men & Motors, available for viewing
on One Media’s YouTube Channel. One Media’s library of content is
available for TV, movies, adverts and websites requiring synchronised music.

Additionally, the Company has developed the Technical Copyright Analysis Tool
(“TCAT”). TCAT is a SaaS platform developed as a means of automating the
difficult and time consuming task of monitoring for unauthorised use of
digital music releases.

For further information: www.omip.co.uk



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