Zoo Digital Group PLC Appointment of CFO (1607T)

TIDMZOO

RNS Number : 1607T

Zoo Digital Group PLC

02 July 2018

2 July 2018

ZOO DIGITAL GROUP PLC

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

Appointment of CFO

ZOO Digital Group plc, the provider of cloud-based localisation and digital distribution services for the global entertainment industry, is pleased to announce the appointment to the Board of Phillip Blundell as Chief Financial Officer, with effect from 23 July 2018.

Mr. Blundell joins ZOO with a strong pedigree in senior finance and operational roles within UK technology public companies, including DotDigital Group plc, Eagle Eye Solutions Group plc and Intelligent Environments plc. He has over 20 years' experience building strong software businesses through product innovation and global strategic partnerships. Phillip qualified as a Chartered Accountant with Coopers & Lybrand, now part of PwC.

Current CFO, Helen Gilder, will remain with the Company through to the end of July, to ensure an orderly hand-over.

Stuart Green, CEO of ZOO Digital, commented, "We are delighted to have secured a CFO of Phill's calibre. He brings a wealth of knowledge regarding the successful growth of public technology businesses and I'm sure he will be a real asset to our management team as we seek to capitalise on our significant market opportunity in media localisation.

"I would like to take this opportunity to extend my sincere thanks to Helen for her commitment and the support she has given me and the Company over her 18 years with ZOO. It has been my privilege to work alongside Helen throughout that period. She leaves the Company on a strong financial footing and we wish her all the very best for the future."

Phillip Blundell, incoming CFO of ZOO Digital, commented, "I am excited to be joining ZOO at this transformational time for the Company. ZOO is clearly recognised as one of the leading innovators in the world of media localisation and has an outstanding customer base and product platform on which to build. I look forward to assisting Stuart and the team in continuing to drive the business forward and delivering shareholder value."

The following information regarding the appointment of Phillip Blundell, aged 57, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

 
 Current directorships and/or   Former directorships and/or 
  partnerships:                  partnerships (within the last 
                                 five years): 
 None 
                                DotDigital Group plc 
                                Dynmark International Limited 
                                 Donky Networks Limited 
                                 Eagle Eye Solutions (North) 
                                 Limited 
                                 Eagle Eye Solutions Group plc 
                                 Eagle Eye Solutions Limited 
 
 

Phillip Blundell has no shareholding in the Company. It is intended that the Company will, on or as soon as possible following his appointment, grant Phillip options over new ordinary shares in the Company.

For further information please contact:

 
 ZOO Digital Group plc 
  Stuart Green, Chief Executive Officer        [phone] 
 FinnCap 
  Henrik Persson / Emily Watts (corporate 
  finance) 
  Camille Gochez / Andrew Burdis (corporate 
  broking)                                     [phone] 
 Alma PR 
  Josh Royston / Caroline Forde / Helena 
  Bogle                                        [phone] 
 

About ZOO Digital Group plc:

ZOO Digital is a provider of services allowing TV and movie content to be subtitled and dubbed in any language and prepared for sale with all major online retailers. ZOO's clients are some of the best-known brands in the world including major Hollywood studios, global broadcasters and independent distributors.

ZOO's point of difference in the marketplace is its development and use of innovative cloud technology. This ensures that content is localised in any language and delivered to all the major online platforms such as Amazon, iTunes, Google and Hulu with reduced time to market, higher quality and lower costs. ZOO's agile, cloud-based business model enables clients to respond to market trends, scale easily with business growth and capitalise on new routes to market in the fast moving and evolving digital industry.

ZOO operates from the entertainment hubs of Los Angeles and London with a development and production centre in Sheffield. Its full-service proposition includes digital distribution, subtitling & captioning, metadata creation & localisation, dubbing, artwork localisation, workflow and asset management.

www.zoodigital.com

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July 02, 2018 02:00 ET (06:00 GMT)