11 April 2019
One Media iP
("One Media", or “OMiP” or the
"Company")
Grant of
Options
One Media iP Group Plc (AIM: OMIP), the digital media content
provider that exploits intellectual property rights around music,
video and copyright technology, announces the approval of the grant
of options over a total of 5,500,000 Ordinary Shares to directors
and key management at an exercise price of 6p. The options are
exercisable after 31 October 2021 and
vesting is subject to a performance criteria based on the return on
capital employed (“ROCE”) from each of the financial years ending
October 2019, 2020 and 2021 of the
Company. A further 300,000 options in total have been granted to
the staff of the Company. All of the aforementioned grants were
recommended by the Company’s remuneration committee.
The grant to Directors and PDMRs is comprised as follows:
Name |
Number of options
granted |
Number of options held
prior to grant |
Number of shares
held |
Directors |
|
|
|
Michael Infante |
1,000,000 |
1,500,000 |
25,577,862 |
Michael Grade |
1,000,000 |
Nil |
8,125,000 |
Philip Miles |
1,000,000 |
1,100,000 |
438,340 |
Ivan Dunleavy |
1,000,000 |
Nil |
8,125,000 |
Key management |
|
|
|
Alice Dyson-Jones |
1,000,000 |
700,000 |
132,023 |
Steve Gunning |
500,000 |
500,000 |
0 |
Total |
5,500,000 |
|
|
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
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
Ludovico Lazzaretti |
|
|
|
Panmure Gordon (UK) Ltd (Broker) |
+44 (0)20 7886 2500 |
James Stearns |
|
|
|
Yellow Jersey PR (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 through to R&B as well as stand-up
comedy and 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 shows, 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
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014 |
1 |
Details
of the person discharging managerial responsibilities/person
closely associated |
a. |
Name |
- Michael Infante
- Michael Grade
- Philip Miles
- Ivan Dunleavy
- Alice Dyson-Jones
- Steve Gunning
|
2 |
Reason for
notification |
|
a. |
Position/Status |
- Chief Executive
- Director
- Director
- Director
- PDMR
- PDMR
|
b. |
Initial
notification/
Amendment |
Initial
Notification |
3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
a. |
Name |
One Media
iP Group Plc |
b. |
LEI |
213800PAVPCE7JDBF341 |
4 |
Details
of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been conducted |
a. |
Description of the
financial instrument, type of instrument
Identification Code |
Options over ordinary shares of 0.5p each
ISIN: GB00B1DRDZ07 |
b. |
Nature of the
transaction |
Award of options to purchase ordinary shares of the
Company |
c. |
Price(s)
and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
- 6p
- 6p
- 6p
- 6p
- 6p
- 6p
|
- 1,000,000
- 1,000,000
- 1,000,000
- 1,000,000
- 1,000,000
- 500,000
|
|
|
d. |
Aggregated information
- Aggregated Volume
- Price |
5,500,000
6p |
e. |
Date of the
transaction |
11 April
2019 |
f. |
Place of the
transaction |
London Stock Exchange, AIM |
|
|
|
|
|
|
|
|
|