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On 13 May 2022, One Media iP Group plc announced it submitted a bid of £3.5m for a 1 per cent. stake in Pink Floyd's back catalogue. Pink Floyd had placed its entire back catalogue for sale for an estimated £350m. The announcement stated there is no certainty the Company's offer will be considered or accepted by the vendors.
| Date | 13 May 2022 |
| Time | 09:26:41 |
| Category | Miscellaneous |
| ID | 4310L |
13 May 2022
One Media iP Group plc
("One Media" or "Company")
Interest expressed in catalogue
One Media iP Group plc (AIM: OMIP) the digital music rights acquirer, publisher and distributor announces that the Company has submitted a bid of £3.5m for a 1 per cent. stake in the back catalogue of Pink Floyd, following Pink Floyd placing their entire back catalogue of music for sale for an estimated £350m.
There is no certainty that the Company's offer will be considered or accepted by the vendors.
Enquiries:
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One Media iP Group plc Michael Infante, Chief Executive Officer Claire Blunt, Chairman
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Tel: +44 (0)175 378 5500 Tel: +44 (0)175 378 5501 |
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Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray / Jo Turner / Ludovico Lazzaretti
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Tel: +44 (0)20 7213 0880
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Cenkos Securities plc (Broker) |
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Giles Balleny/ Max Gould / Michael Johnson
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Tel: +44 (0)20 7397 8900 |
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PPR Publicity Pete Flat
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Tel: +44 (0)7930304301 |
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