Napster Group

Napster Group PLC is an AIM quoted music company a market leader for music entertainment and owner and operator of the MelodyVR and Napster music platforms. The companys shares are currently traded on AIM. There are currently no restrictions on the transfer of securities. The Company is not listed on any other exchanges or trading platforms. The Co... mpany is aware that at 24 January 2021, the following held in excess of 3% of the issued ordinary share capital of the Company. Real Networks Digital Music of California Inc. There are no restrictions on the transfer of securities. Number of ordinary shares in issue: Percentage of shares not in public hands: This information is correct as of 24 January 2021. The company is incorporated in England and Wales and the main country of operations is the United Kingdom. The Company listed on Aim on 16 May 2016. Its operating subsidiaries have developed and operate the MelodyVR music platform that allows users to experience music performances in Virtual Reality. The MelodyVR music platform is available to fans in North America, the UK & Ireland, Germany, France, Sweden, Switzerland, Spain, Italy, Portugal, The Netherlands, Austria, Greece and Belgium. In December 2020, the Company acquired Rhapsody International Inc, a music streaming service operating as Napster. Napsters service is available in 33 countries worldwide and provides fans with access to a music library comprising in excess of 100m tracks. The Directors believe that the combination of MelodyVR and Napsters service offerings will provide the basis for a compelling and differentiated music service which will appeal to the true music fan, consolidating all of an artists repertoire including recorded music, short form video content (such as music videos), long form video content (such as documentaries), digitally ticketed live streams, educational videos and immersive AR/VR content, into one premium subscription product. In order to leverage the benefits of the combined platforms, the Company intends to launch a ...Read More