Exhibit 99.1
NEWS |  |
One Horizon Group Announces Stock Inducement Grants
To Chief Executive Officer, Mark White, and
Chief Operating Officer, Edwin C. Lun
LONDON, October 10, 2017 – One Horizon Group, Inc. (NASDAQ: OHGI) today announced additional information on stock inducement grants for two recently appointed executives: Mark White, Chief Executive Officer, President and Director; and Edwin C. Lun, Chief Operating Officer. Mr. White and Mr. Lun will be based in Hong Kong at the new regional headquarters to oversee the Company’s business development and operations in China and Hong Kong, and Mr. White will spend significant time exploring acquisition opportunities particularly in the Asia region.
As aninducement to join One Horizon, theCompany has issued to Mr. White 1,600,000 sharesofits common stock. The Company hasissuedtoMr. Lun 1,400,000 shares of its common stock as an inducement grant.
About One Horizon Group, Inc.
One Horizon Group, Inc. (NASDAQ: OHGI) is a reseller of secure messaging software for the growing gaming, security and education markets primarily in China and Hong Kong. For more information on the Company please visit http://www.onehorizongroup.com/investors-overview/.
Darrow Associates Contacts for OHGI
Bernie Kilkelly
(516) 236-7007
bkilkelly@darrowir.com
Jordan Darrow
(512) 551-9296
jdarrow@darrowir.com
