Holding(s) in Company

RNS Number : 6081A

Zoo Digital Group PLC

22 March 2013

 

ZOO DIGITAL GROUP PLC

("ZOO" or "the Company")

Holdings in Company

ZOO announces that it was notified yesterday that funds managed by the Foresight Group purchased from the ZOO Employee Share Trust ("ZEST"), on the same day, an aggregate of 192,800 ordinary shares of 15 pence each in the Company ("Ordinary Shares") at a price of 7.5 pence per Ordinary Share.

Subsequent to this transaction, funds managed by the Foresight Group are interested in an aggregate 6,743,299 Ordinary Shares (representing 20.6% of the Company's issued share capital). James Livingston, a non-executive director of the Company, is an employee of the Foresight Group and therefore has a non-beneficial interest in Ordinary Shares.

The overall holding of ZEST, a wholly-owned subsidiary of ZOO whose purpose is to hold shares in ZOO for the benefit of the employees of the Group, is 285,235 Ordinary Shares (representing 0.9% of the Company's issued share capital) of which ZEST is the beneficial owner of 62,869 Ordinary Shares, the balance being held in trust on behalf of employees.

Ends

For further enquiries please contact:

ZOO Digital Group plc	0114 241 3700
Stuart Green - Chief Executive Officer
Helen Gilder - Group Finance Director
FinnCap	020 7220 0500
Ed Frisby / Henrik Persson
Threadneedle Communications	020 7653 9850
Josh Royston / Terry Garrett / Hilary Millar

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.

 

END

 

 

HOLPGUUWWUPWGRG