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Director's Dealing

14 Apr 2016 12:00

ONE MEDIA IP GROUP PLC - Director's Dealing

ONE MEDIA IP GROUP PLC - Director's Dealing

PR Newswire

London, April 14

One Media iP Group Plc

("One Media" or "the Group" or "the Company")

Director’s dealing

The board was informed on 13 April 2016 that Philip Miles, a director of the Company (through his SIPP) purchased 95,000 ordinary shares in the Company at a price of 4.1 pence per share.

Following this purchase Mr Miles has a beneficial interest over 438,340 ordinary shares in the Company representing approximately 0.6 per cent of the Company’s issued share capital.

The Company’s issued share capital comprise 71,053,698 ordinary shares of 0.5 pence each.

For further information, please contact:

One Media iP Group PlcChairman and Chief ExecutiveMichael InfanteTel: +44 (0)175 378 5500
One Media iP Group PlcCorporate CommunicationsAlice Dyson-JonesTel +44 (0)175 378 5501
Cairn Financial Advisers LLPNominated AdviserLiam Murray / Jo TurnerTel: +44 (0)20 7148 7900
Panmure Gordon (UK) LimitedBrokerFred WalshTel: +44 (0)20 7886 2500

Notes to Editors:

Based at Pinewood Studios, One Media is an intellectual property (iP) owner and controller of rights within the digital arena concerning music, video and digital distribution. The consumer led but B2B (Business-to-business) operation looks to exploit its catalogue of over 250,000+ music tracks and over 10,000 hours of video by recompiling the content for sale through over 600 digital music and video stores groups such as iTunes, Spotify, Amazon and You Tube worldwide. The Company has a team of Creative Technicians, all of whom are YouTube certified, who digitise the content, create the metadata, re-compile and prepare the digital music & video releases using bespoke in-house developed software. From its 23 YouTube channels, viewing figures have exceeded 1.3bn views to date. The Group acquired the Men & Motors assets, brand and film archive from Granada/ITV in 2012 and has subsequently launched its dedicated You Tube digital channel, which now have over 55,000 subscribers, and receives over 450,000 views per week. One Media makes its library of audio content available for TV shows, movies, adverts and websites and live events requiring background or synchronisation rights. One Media focuses on music performed by well-known artists from every genre, including; pop, rock, reggae, R&B, children's music, karaoke, jazz, soul, blues, rap, hip-hop, gospel, world-music, plus stand-up comedy, spoken-word. In July 2014 the Group acquired for a consideration of USD$1.6m the Point Classics classical music library bringing the number to over 10,000 classical tracks now available to the Group for exploitation. One Media is eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT"). The company is profitable, cash resourced and has operated an active dividend policy since 2011.

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