One Media iP Group PLC Dividend Declaration
27 June 2016 - 7:00AM
UK Regulatory
TIDMOMIP
One Media iP Group Plc
("One Media" or "the Group" or "the Company")
Dividend Declaration
One Media is pleased to announce an interim dividend for the financial
Half-Year ending 30 April 2016. Pursuant to the interim dividend payment of
0.071p per share announced in November 2015, the Group is pleased to announce
that it intends to pay an interim dividend of 0.071p per ordinary share in
respect of the year ending 30 April 2015.
The ex-dividend date for this payment is 7 July 2016, the record date is 8 July
2016 and the expected payment date on or by 22 July 2016.
For further information, please contact:
One Media iP Group Plc Chairman and Chief
Executive
Michael Infante Tel: +44 (0)
175 378 5500
One Media iP Group Plc Financial Controller
/ Company Secretary
Nigel Smethers Tel +44 (0)175
378 5501
One Media iP Group Plc Communications
Manager
Alice Dyson-Jones Tel +44 (0)175
378 5501
Cairn Financial Advisers LLP Nominated Adviser
Liam Murray / Jo Turner Tel: +44 (0)20
7148 7900
Panmure Gordon (UK) Limited Broker
Fred Walsh Tel: +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 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. Additionally, One Media makes its library of content available for TV
shows, movies, adverts and websites requiring synchronised music. 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. The Group owns all the rights to the Men &
Motors (originally Granada/ITV) TV shows originally aired on British TV between
1996 and 2010. Comprising of over 3500 shows is available for viewing on the
Groups YouTube Channel. Recently the Group has developed a content discovery
and policing software service 'Technical Copyright Analysis Tool' (TCAT) as a
new service to record companies, publishers and law firms searching information
of artist and tracks on legitimate digital stores.
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.
END
(END) Dow Jones Newswires
June 27, 2016 02:00 ET (06:00 GMT)