Issue of Equity and Total Voting Rights

RNS Number : 1868B

Zoo Digital Group PLC

09 February 2022

 

9 February 2022

ZOO DIGITAL GROUP PLC

("ZOO", the "Group" or the "Company")

Issue of Equity and Total Voting Rights

ZOO Digital Group plc, a world-leading provider of cloud-based localisation and digital distribution services to the global entertainment industry, announces that, on 7 February 2022, 14,885 options over ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares") were exercised by certain option holders of the Company.

Application has been made to the London Stock Exchange for the 14,885 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on or around 15 February 2022. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 87,698,979. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 87,698,979. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further enquiries, please contact:

ZOO Digital Group plc [phone] Stuart Green - Chief Executive Officer Phillip Blundell - Chief Finance Officer Stifel Nicolaus Europe Limited Fred Walsh /Tom Marsh [phone] Instinctif Partners [phone] Matthew Smallwood / Joe Quinlan [e-mail]

About ZOO Digital Group plc:

ZOO Digital supports major Hollywood studios and streaming services to globalise their content and reach audiences everywhere, by providing world-leading, technology-enabled localisation and media services.

Founded in 2001, ZOO Digital operates from hubs in Los Angeles, London and Dubai, with a development and production centre in Sheffield, UK. The company is targeting $100m sales in the medium term.

The Group provides media services through its platforms that include: ZOOsubs, ZOOdubs, ZOOstudio. Its full-service proposition delivers the end-to-end services required to prepare both original and catalogue content for digital distribution; these services include dubbing, subtitling & captioning, metadata creation & localisation, artwork localisation and media processing. Alongside this offering, ZOO also provides its customers with management platforms and strategic solutions to support their own internal globalisation operations.

ZOO is a go-to service partner for media businesses looking to globalise their content across different territories, languages and distribution platforms. Using its innovative technology-enabled approach, ZOO helps its customers to reduce time to market, lower costs and deliver high quality products to their global audiences. The business has frameworks in place with all major Hollywood studios and streaming services. Its customers include Disney, NBCUniversal, HBO and ViacomCBS.

ZOO's competitive advantage arises from three interlinking factors - the leading role it has played in the digital transformation of its sector; the world class proprietary platforms that it develops to enable this transformation; and the global supply chain of thousands of freelancers, working collaboratively in ZOO's platforms, which delivers services that scale easily to meet demand. These factors combine to make ZOO uniquely geared to capitalise on new market opportunities in a fast-paced and constantly evolving industry.

www.zoodigital.com

 

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