One Media iP Group Plc - Results of EGM and Issue of Equity

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THE CAPITALISED TERMS USED IN THIS ANNOUNCEMENT HAVE THE MEANING AS DEFINED IN THE ANNOUNCEMENT PUBLISHED BY THE COMPANY AT 7.00 A.M. ON 31 AUGUST 2018 UNLESS OTHERWISE STATED.

19 September 2018

One Media iP Group plc
("One Media" or the "Company")

Results of Extraordinary General Meeting
and
Issue of Equity & Loan Notes

One Media iP Group plc (AIM: OMIP), an ‘intellectual property’ (IP) owner and controller of music and video rights, is pleased to announce that all of the Resolutions put to shareholders at the Extraordinary General Meeting held earlier today were duly passed. The Resolutions grant authority to the Directors to, among other things, allot and issue the New Ordinary Shares in connection with the conditional £2.895 million Placing and Subscription and to issue the Ordinary Shares underlying the Loan Notes and the Options in due course.

Application has been made for the 48,250,001 New Ordinary Shares to be admitted to trading on AIM and it is expected that Admission will take place at 8.00 a.m. on 25 September 2018. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares.

On Admission, the Company’s issued share capital will be 135,603,699 which also represents the total number of voting rights. Shareholders should use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.

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