One Media, the PLUS quoted consolidators and acquirers of music and video rights, announces that following the announcement by PLUS Markets Group plc yesterday at 7am, the Board of One Media would like to reassure its shareholders that they have been reviewing their position on the PLUS markets for some time now. Following yesterday’s announcement, the Directors believe that additional advantages can be achieved through being listed on another market; notably in the areas of share liquidity, visibility of the business within its industry and greater investor interest.
Michael Infante CEO/Chairman said:
We have always been committed to shareholder communication and the delivery of solid results, as evidenced by our recent communication only yesterday of yet another acquisition. We have made 19 acquisitions over the past 18 months and I am increasingly of the view that there would be advantages to remaining on a market, although we are undertaking a full review of all alternatives.
One Media Publishing still intends to release its unaudited half yearly report on Monday 11th June 2012.
Connect with One Media