One Media Group floats on stock exchange

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.
...




Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...