ZOO DIGITAL GROUP PLC
("ZOO" or "the Company")
Holdings in Company
ZOO announces that it was notified yesterday that, on 13 March 2012, funds managed by the Foresight Group purchased an aggregate of 125,000 ordinary shares of 15 pence each in the capital of the Company ("Ordinary Shares") at a price of 10.6 pence per Ordinary Share.
Following the purchase by funds managed by the Foresight Group, the Foresight Group are interested in an aggregate 6,550,499 Ordinary Shares, representing 20.1% of the Company's issued share capital.
Ends
For further enquiries please contact:
ZOO Digital Group plc |
0114 241 3700 |
Stuart Green - Chief Executive Officer |
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Helen Gilder - Group Finance Director |
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FinnCap |
020 7600 1658 |
Marc Young / Henrik Persson |
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Newgate Threadneedle |
020 7653 9850 |
Josh Royston / Terry Garrett / Hilary Millar |
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About ZOO Digital Group plc:
ZOO Digital Group plc provides software and related services that support the authoring, re-purposing and distribution of creative media. ZOO's products form an integrated suite of web-based and desktop applications for audio/visual content and printed materials, adapting these media for different languages, formats and delivery mechanisms.
By centralising editorial and approval processes via secure web-based platforms, ZOO's proprietary patented software helps customers to increase their speed of production, reduce costs and protect their brand integrity. ZOO's services enable quicker and more cost effective processes across a wide range of applications and formats, including packaging, printed materials, DVD, Blu-ray Disc, video on demand, electronic sell-through, broadcast, music and electronic books.
The Group's largest customers include major Hollywood studios, for which the production, marketing and distribution of titles in numerous formats across many geographies and languages has previously been a lengthy, costly and largely manual process. Increasingly the Group's software is benefiting a variety of companies across sectors where the development of media products, printing, packaging and marketing involves complex processes in multiple countries and languages, particularly where brand integrity is of core importance.