One Media iP Group Plc Trading Statement

 
TIDMOMIP 
 
13 November 2018 
 
                                 One Media iP 
 
                   ("One Media", or "OMiP" or the "Company") 
 
                               Trading Statement 
 
One Media iP Group Plc (AIM: OMIP), the digital media content provider that 
exploits intellectual property rights around music, video and copyright 
technology, is pleased to provide the following update on trading. 
 
At the time of the Company's Interim Results, the Board reported continued 
strong trading and healthy cash position. Following the recent successful 
fundraising, the current period is pivotal as the Company continues to exploit 
and take full advantage of the ongoing shift towards streaming. 
 
Before related fundraising transaction costs, the Board is pleased to report 
that trading is in line with expectations for the year ended 31 October 2018. 
 
The Company's full year results are expected to be released in March 2019 and 
the Board looks forward to the future with confidence. 
 
This announcement contains inside information for the purposes of Article 7 of 
EU Regulation 596/2014 and the person who arranged for release of this 
announcement on behalf of the Company was Steve Gunning, Company Secretary. 
 
One Media iP Group Plc 
 
Michael Infante - Chief Executive                         +44 (0)175 378 5501 
Ivan Dunleavy - Chairman                                  +44 (0)175 378 5500 
www.omip.co.uk 
 
Cairn Financial Advisers LLP (Nominated Adviser)          +44 (0)20 7213 0880 
 
Liam Murray / Jo Turner 
 
Panmure Gordon (UK) Limited (Broker)                      +44 (0)20 7886 2500 
 
James Stearns 
 
Yellow Jersey (PR & IR)                                   +44 (0)20 3735 8825 
 
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, Rock, Pop through to Soul and R&B as well as celebrity 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, 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 
 
 
 
END

(END) Dow Jones Newswires

November 13, 2018 02:00 ET (07:00 GMT)

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