Zoo Digital Share Discussion Threads

[ih_357751] 22/9/2021 12:04

Ok, so the loan notes are getting sorted which is a positive,I do wonder how many investors bothered to watch the stream of the AGM!
If they had…then they would have realised that there is nothing but good news and growth!
For those sellers out there, why don’t you do your homework first?
I suppose it gives more discerning investors a chance to get in at a decent price!

[shaker44] 22/9/2021 11:42

Happy to be a little more patient but it's not a very significant holding. So far, disappointung

[50plus] 22/9/2021 11:25

I understand clearly that it's dropped knocking on for 20% in less than a month, which is why I've dumped it.

[verulamium] 22/9/2021 11:21

ONJohn was right? In what way? You don't actually understand the RNS do you?

[estienne] 22/9/2021 09:38

ONJohn was right glad I sold

[50plus] 22/9/2021 08:06

Convincing few, Impressing even less, not one of my better investments.

[uknighted] 22/9/2021 08:03

RNS

ZOO Digital Group plc, a world-leading provider of cloud-based localisation and digital distribution services to the global entertainment industry, announces that, following receipt of notices to convert pursuant to a GBP1,731,500 7.5% unsecured convertible redeemable loan stock instrument dated 1 September 2006 (as amended and reconstituted) ("CLN1") and a GBP800,000 7.5% unsecured convertible redeemable loan stock instrument dated 21 November 2014 (as amended and reconstituted) ("CLN2"), on 20 September 2021, the Company issued 5,273,959 new ordinary shares in the capital of the Company ("New Ordinary Shares") to those holders of CLN1 and CLN2 who had served the notices to convert at a conversion price of 48 pence per New Ordinary Share.

As part of the allotment of the New Ordinary Shares, it is disclosed that Mrs Sara Green, the wife of Stuart Green, the CEO and Director of ZOO, has converted the loan stock she held, amounting to the principal sum of GBP614,500 which has been converted into 1,280,208 New Ordinary Shares. It is also noted that Herald Investment Trust ("Herald") has converted its loan stock, amounting to the principal sum of GBP1,364,500 which has been converted into 2,842,709 New Ordinary Shares.

The conversion of loan stock by Herald, a substantial shareholder of the Company, and by Sara Green, the wife of Stuart Green (and therefore an associate), constitute related party transactions under the AIM Rules for Companies.

The Company's directors, with the exception of Stuart Green, having consulted with the Company's nominated adviser, Stifel Nicolaus Europe Limited, consider that the terms of the transactions are fair and reasonable insofar as the Company's shareholders are concerned.

[snoper] 20/9/2021 17:02

AGM was fine. Double whammy: recovering market and Zoo providing solution to bottleneck (demand/supply) in the traditional brick & mortar studios. As revenue mix shifts more towards dubbing margins will improve.

[uknighted] 20/9/2021 07:54

“ The Company intends to announce its interim financial results for the six months to 30 September 2020 in November 2021.”

[onjohn] 20/9/2021 07:47

Absence of numbers

Placing coming here

[uknighted] 20/9/2021 07:15

RNS AGM Statement & Trading Update.

“ I am excited to provide a further update ahead of the end of our first half year, building on the positive trading statement of 23 August.

"We continue to see strong momentum in the business as we deliver ongoing support to our customers for further territory launches of streaming services and migration of their catalogue titles. We anticipate revenues for H1 will be slightly ahead of guidance and we expect to deliver a significant increase in EBITDA compared to the FY21 comparator period benefitting from significant revenue growth and operational gearing.

"In the past month we have seen a significant expansion of orders for localisation and media services relating to new original titles following the resumption of productions. This gives us much improved visibility through H2 and confidence to continue with our growth plans.

"We have progressed negotiations to establish regional hubs in strategic international locations, significantly strengthening our global offering. We expect the first of these to be announced shortly.

"To enable us to fulfil the growing order book arising from our expanding customer relationships, we have continued to recruit additional staff in most departments of the Company.

"I would like to thank our shareholders for their continuing support, and particularly our loan note holders for their commitment to the Company over many years, and for agreeing to convert their loans into the capital of ZOO prior to the end of September 2021. Arrangements for the conversion are being finalised now and will be announced shortly.

"I would also like to extend my thanks to all ZOO colleagues around the world for their commitment and hard work that enables us to delight our customers with industry-leading services and technology for which ZOO has become renowned.

"A strong pipeline of work and excellent customer relationships gives us great confidence in meeting full year market expectations, and I look forward to updating shareholders on our further positive progress in due course."

[snoper] 20/9/2021 07:14

Great update ahead of the AGM

[verulamium] 17/9/2021 13:16

It's my best performing purchase of 2017!

[gbh2] 17/9/2021 11:25

This is my worst performing purchase of 2021.

[estienne] 16/9/2021 18:52

Glad I sold at 150 I'll wait for it to drop some more before I go back in

[ih_357751] 16/9/2021 18:25

I just get the feeling that this share is getting manipulated prior to next weeks AGM!
I fully expect some large buys before the share price runs up again as there is no sensible reason for the price to be down 20% on what is a very positive outlook.

[simonp] 16/9/2021 17:08

Hopefully now that the seller has gone the share price will start to rise

[gbh2] 15/9/2021 15:43

Job numbers don't appear to be helping the share price

[martina pescatore] 09/9/2021 13:39

30 job vacancies last time I looked last week, inferring good growth is on the cards.

[snoper] 09/9/2021 12:02

A lot of open positions at Zoo. Looking good

[plok] 02/9/2021 08:43

A vast number of vacancies due to unprecedented levels of growth...what's not to like!

[davr0s] 23/8/2021 09:29

I don't try and analyse like this - I just work off price action. I'm holding here. No big drama today in the grand scheme of things but market currently underwhelmed so far

[babbler] 23/8/2021 09:22

Clns are the problem here but looks to be behind the company soon.

[snoper] 23/8/2021 08:58

Great update. Media services solely driving the uptick, but localization is stable in a down market (content production to a complete standstill during covid). This positions Zoo very well for increased localization (&profitable dubbing revenue) now that content production is picking up again.

Bit underwhelmed with the broker forecast update. Given Zoo's history however of "jam tomorrow", they will want to be on the safe side.

In my view this will be over 150p in the not too distant future, followed by 200p shortly thereafter.

GLA

[davr0s] 23/8/2021 08:54

Market not sharing that view so far