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ONE MEDIA IP GROUP PLC

Capital/Financing Update Jan 31, 2025

7821_rns_2025-01-31_b5567bf9-555a-41de-a84b-eccf55a4849c.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 3567V

One Media iP Group PLC

31 January 2025

31 January 2025

One Media iP Group Plc

("One Media" or the "Company")

One Media secures US$250,000 advance from distribution partner

One Media iP (AIM: OMIP), the digital music rights acquirer, publisher and distributor which specialises in the active monetisation of music and video intellectual property rights, announces that, further to the announcement of 1 September 2023, The Orchard, its music distribution company (the "Distributor"), has provided a further advance to One Media  of US$250,000 (the "Advance"), which has been received by the Company.

The Advance, which was successfully negotiated at a favourable currency exchange rate delivering optimum value for the Company, is recoupable by the Distributor against future sales by the Company. The Advance will be used to expand activities in the normal course of business.

The Distributor aggregates One Media's content to over 240 territories globally, including to the major Digital Service Providers (DSP) such as Spotify, Apple Music and Amazon Music, Tidal and Deezer and is responsible for collecting monies in a variety of currencies globally for the Company. It performs a crucial role in the monetisation of the rights in One Media's portfolio.

Michael Infante, CEO of One Media said: "This advance from The Orchard reflects the strength of our near 20 year strategic partnership and the value that is derived from our collaborative efforts to grow and monetise One Media's diverse portfolio of evergreen music rights. It also contributes to our current priority of rebuilding the Company's cash reserves with our renewed focus on our core business of digital copyrights."

ENDS

This announcement contains inside information for the purposes of the UK Market Abuse Regulation. The person who arranged the release of this information is Michael Infante, Chief Executive Officer of the Company.

For further information, please contact:

One Media IP Group Plc
Michael Infante JP Chief Executive

Tel: +44 (0)175 378 5500
Claire Blunt Chairman

Tel: +44 (0)175 378 5501
Cairn Financial Advisers LLP Nominated Adviser
Liam Murray / Ludovico Lazzaretti Tel: +44 (0)20 7213 0880
Cavendish Broker
Charlie Coombe / Giles Balleny (Corporate Finance)

Michael Johnson Dale Bellis (sales)
Tel: +44 (0)20 7397 8900
Claire Turvey, Fourth Pillar Financial PR

Tel: +44 (0)7850 548 198

About One Media iP Group plc

One Media iP Group plc is a leading digital music rights acquirer, publisher and distributor. The Group specialises in the acquisition and exploitation of music and video intellectual property rights. Listed on AIM, the Group is committed to driving value through the acquisition and management of high-quality IP assets.

One Media is listed on the AIM Market of the London Stock Exchange under the ticker 'OMIP'.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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