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Spread: 0.40 (9.756%)
Market Cap: £9.57m
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Grant of Options

15 Jul 2014 07:00

ONE MEDIA IP GROUP PLC - Grant of Options

ONE MEDIA IP GROUP PLC - Grant of Options

PR Newswire

London, July 14

One Media iP Group Plc ("One Media" or "the Group" or "the Company") Grant of Options One Media iP Group Plc (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 700,000share options which have been equally shared by seven of its key staff workingin its principal subsidiary company (One Media iP Ltd) at an `exercise price'of 14.5p per share under the 2011 EMI (Enterprise Management Incentives) plan. The grant is part of the long term incentive plan to employees. The Directors of One Media iP Group Plc, are not participating in this grant. Following this grant the issued share capital of One Media iP Group Plc remainsunchanged at 70,703,698 ordinary shares. For further information, please contact: One Media iP Group Plc Chairman and Chief ExecutiveMichael Infante Tel: +44 (0)175 378 5500 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 Yellow Jersey PR Limited Financial PRKelsey Traynor/Dominic Barretto/Philip Ranger Tel: +44(0)7799 003 220 Notes to Editors: One Media is a digital music and video rights owner. Theconsumer led but B2B (Business-to-business) operation looks to exploit itscatalogue of over 200,000 music tracks and over 7,000 hours of video byrecompiling the content for sale through over 600 digital music and videostores worldwide. The Company has a team of Creative Technicians who digitisethe content, create the metadata and re-compile and prepare the digital music &video releases using bespoke in-house software. Additionally, One Media makesits library of content available for TV shows, movies, adverts, games andwebsites. One Media operates an online sync database system that enables musicsupervisors to explore the library and select tracks for music briefs. OneMedia 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 andover 1,000 hours of classical music. One Media is eligible for EnterpriseInvestment Schemes ("EIS") and Venture Capital Trusts ("VCT")
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