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Pin to quick picksOne Media Regulatory News (OMIP)

Share Price Information for One Media (OMIP)

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Share Price: 4.25
Bid: 4.00
Ask: 4.50
Change: 0.00 (0.00%)
Spread: 0.50 (12.50%)
Open: 4.25
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Prev. Close: 4.25
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Trading Update

1 Nov 2013 07:00

ONE MEDIA IP GROUP PLC - Trading Update

ONE MEDIA IP GROUP PLC - Trading Update

PR Newswire

London, October 31

1 November 2013 One Media iP Group plc ("One Media" or "the Group" or "the Company") Trading Update One Media iP Group Plc (AIM: OMIP.L) is pleased to give the following update onTrading, ahead of the announcement of full year results for the period ended 31October 2013, which are expected to be announced in February 2014. The Board is delighted to report that the Group continues to trade in line withboth the Directors' and market expectations and is in line to meet year endforecasts. Since the half-year, One Media has consolidated its position with a number ofits licensor partners, by initiating deals whereby the Group effects a buy-outof the royalty income due to them on our exploitation of royalty bearingcontent. The Group has invested USD$122,550 in this activity, with a selectednumber of qualifying license partners which offer favourable benefits andsavings to the Group. We believe this to be an efficient use of One Media'scash resources. The Group has also signed further deals for more video and audio content. Theseinclude over 300 `Animal video documentaries' targeted at younger viewers,`Keep Fit" video material and `Underground Breakdance' video content. We arepleased to see viewership of content distributed via our newly establishedYouTube channels reach over 300 million minutes of viewing since November 2012. Overall the Group retains a strong cash position; is debt free; profitable andis paying a healthy dividend. The move to AiM in April 2013 has improvedliquidity in trading of the Company's shares and pleasingly the share price hasperformed well, now better reflecting, in the Boards' opinion, the underlyingvalue and potential of the business. We continue to seek further opportunities to expand our catalogue of both audioand visual content and looks forward to expanding the Group's business andreturning value to shareholders. We look forward with confidence. One Media is also pleased to announce that it has appointed Charles StanleySecurities as its new corporate Broker. Charles Stanley Securities will workalongside our existing NOMAD Cairn Financial. The directors believe that thisappointment will broaden the company's reach and enhance investor access. Wewould like to thank the team at Hybridan for their professional service overthe last few years. For more information visit www.onemedia contact: Michael Infante One Media iP Group PLC +44 (0) 175 378 5500Chairman and CEO Liam Murray Cairn Financial Advisers LLP +44 (0) 207 148 7900Jo Turner Nominated Adviser Mark Taylor Charles Stanley Securities +44 (0) 207 149 6000Broker John West Tavistock Communications +44 (0) 207 920 3150Niall Walsh Public Relations 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 170,000 music tracks and over 5,000 hours of video byrecompiling the content for sale through over 600 digital music and videostores worldwide, such as itunes, Spotify, Amazon and YouTube. The Group has ateam of Creative Technicians, who digitise the content, create the metadata andre-compile and prepare the digital music & video releases using bespokein-house software. Additionally, One Media makes its library of content available for TV shows,movies, adverts, games and websites. One Media operates an online sync databasesystem that enables music supervisors to explore the library and select tracksfor music briefs. 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 andover 1,000 hours of classical music. One Media is eligible for Enterprise Investment Schemes ("EIS") and VentureCapital Trusts ("VCT") The Group is both profitable and dividend yielding andlisted on Aim in 2013 having been traded on ISDX since 2006.
Date   Source Headline
29th Apr 20244:04 pmRNSNotice of AGM - Replacement
29th Apr 20247:00 amRNSNotice of AGM
29th Apr 20247:00 amRNSDividend Declaration
29th Apr 20247:00 amRNSFinal Results
18th Apr 20247:00 amRNSNotice of Results
18th Dec 20237:00 amRNSTrading Update and Change of Name of Broker
29th Nov 20239:35 amRNSHolding(s) in Company
5th Sep 20237:00 amRNSAcquisition of Rights
1st Sep 20237:00 amRNSOne Media renews its distribution deal
24th Aug 20238:00 amRNSTCAT makes two senior appointments in new roles
3rd Aug 20236:10 pmRNSDirectorate Change
28th Jun 20237:00 amRNSHalf-year Report
31st May 20237:00 amRNSTCAT anti-piracy software platform update
26th Apr 20233:20 pmRNSResult of AGM
31st Mar 20237:00 amRNSReplacement - Notice of Annual General Meeting
30th Mar 20237:00 amRNSDirector Dealing
30th Mar 20237:00 amRNSNotice of AGM
29th Mar 20237:00 amRNSDividend Declaration
29th Mar 20237:00 amRNSAnnual Financial Report
6th Jan 20237:00 amRNSTrading Update
6th Oct 20227:00 amRNSDirector Appointment
26th Sep 20227:00 amRNSRefinancing of £1.9M of outstanding loan notes
22nd Sep 20227:00 amRNSProposed Appointment of a Non-Executive Director
20th Sep 202210:20 amRNSHolding(s) in Company
19th Jul 20227:00 amRNSHalf-year Report
21st Jun 20227:00 amRNSHolding(s) in Company
15th Jun 20222:00 pmRNSHolding(s) in Company
1st Jun 20221:46 pmRNSResult of AGM
13th May 20229:26 amRNSInterest expressed in catalogue
5th May 20227:00 amRNSNotice of AGM
25th Apr 20227:00 amRNSHolding(s) in Company
22nd Apr 20227:00 amRNSDividend Declaration
22nd Apr 20227:00 amRNSFinal Results
20th Apr 20227:00 amRNSNotice of Results and Investor Presentation
31st Mar 202210:25 amRNSRevised Notice of Results
11th Mar 20227:00 amRNSAcquisition of Rights
9th Mar 20229:35 amRNSHolding(s) in Company
14th Feb 20227:00 amRNSTCAT CEO Appointment
30th Nov 20217:00 amRNSTrading Update
28th Oct 20211:28 pmRNSDirectors’ Dealings
5th Oct 20217:00 amRNSAcquisition of Rights
1st Oct 20218:55 amRNSHolding(s) in Company
30th Sep 20215:00 pmPRNDirector Dealing
18th Aug 20217:00 amRNSAcquisition of Catalogue
20th Jul 20217:00 amRNSHalf-year Report
19th Jul 20217:00 amRNSAcquisition of Catalogue
6th Jul 20217:00 amRNSNotice of Results
5th Jul 20217:00 amRNSTCAT Update
22nd Jun 20217:00 amPRNAcquisition of Rights
8th Jun 20213:54 pmPRNHolding(s) in Company

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