One Media iP Group Plc, which owns more than 80 music catalogues, has admitted its shares to trading on the AIM stock market. Dealings commenced at 08:00am April 18 2013.
Simultaneously with Admission, the Company has raised £750,000 before expenses through a placing by Hybridan LLP of 9,375,000 new ordinary shares at a price of 8 pence per share.
Following the Placing, the Company has 64,003,068 ordinary shares in issue, giving One Media a market capitalization of approximately £5.1 million.
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