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Grant of Options

21 Apr 2015 07:00

ONE MEDIA IP GROUP PLC - Grant of Options

ONE MEDIA IP GROUP PLC - Grant of Options

PR Newswire

London, April 20

21 April 2015 One Media iP Group PLC (`One Media') Grant of Options One Media iP Group (AIM: OMIP), the digital media content provider, whichconsolidates, exploits and monetises intellectual property rights around musicand video, is pleased to announce that it has completed the grant of shareoptions to directors and a number of key staff members at an exercise price of9p per share under the 2011 EMI (Enterprise Management Incentives) plan. The grant is part of the long term incentive plan to employees and is comprisedas follows: Name Number of Options Granted Michael Infante 500,000 Nigel Smethers 500,000 Roman Poplawski 500,000 Scott Cohen 500,000 Key staff 900,000 Total 2,900,000 Following this grant the issued share capital of One Media iP Group Plc remainsunchanged at 70,703,698 ordinary shares. For further information please visit www.onemediaip.com or contact: One Media iP Group Plc Chairman and Chief ExecutiveMichael Infante Tel: +44 (0)175 378 5500 One Media iP Group Plc Brand & Communications ManagerAlice Dyson-Jones Tel +44 (0)175 378 5501 Cairn Financial Advisers LLP Nominated AdviserLiam Murray / Jo Turner Tel: +44 (0)20 7148 7900 Charles Stanley Securities Limited BrokerMark Taylor Tel: +44 (0)20 7149 6000 Notes to Editors: One Media is an intellectual property (iP) owner andcontroller of rights within the digital arena concerning music, video anddigital distribution. The consumer led but B2B (Business-to-business) operationlooks to exploit its catalogue of over 200,000+ music tracks and over 7,500hours of video by recompiling the content for sale through over 100 digitalmusic and video stores groups worldwide. The Company has a team of CreativeTechnicians, who digitise the content, create the metadata and re-compile andprepare the digital music & video releases using bespoke in-house software.Additionally, One Media makes its library of content available for TV shows,movies, adverts and websites requiring background music. One Media focuses onmusic 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 Groupacquired for a consideration of USD$1.6m the Point Classics classical musiclibrary bringing the number to over 10,000 classical tracks now available tothe Group for exploitation. One Media is eligible for Enterprise InvestmentSchemes ("EIS") and Venture Capital Trusts ("VCT"). The company is profitable,cash resourced and has operated an active dividend policy.
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