Zoo Digital Group PLC Issue of Equity & PDMR Dealing (8986I)

TIDMZOO

RNS Number : 8986I

Zoo Digital Group PLC

13 August 2019

Zoo Digital Group PLC

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

Issue of Equity & PDMR Dealing

ZOO Digital Group plc, a world-leading provider of cloud-based localisation and digital distribution services to the global entertainment industry, announces that, on 12 August 2019, 26,500 options over ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares") were exercised by certain employees of the Company.

Of these, Duncan Wain, Chief Operations Officer, exercised and sold 25,000 Ordinary Shares at an exercise price of 15 pence per Ordinary Share and a sales price of 74 pence per Ordinary Shares respectively.

Application has been made to the London Stock Exchange for the 26,500 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 19 August 2019. 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 74,459,771. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 74,459,771. 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                                  0114 241 3700 
   Stuart Green - Chief Executive Officer 
   Phill Blundell - Chief Finance Officer 
 
    finnCap                                                020 7220 0500 
   Henrik Persson / Kate Bannatyne (corporate 
    finance) 
    Camille Gochez / Andrew Burdis (corporate broking) 
   Alma PR                                                0778 090 1979 
   Josh Royston / Caroline Forde / Helena Bogle 
 

The information communicated in this announcement includes inside information for the purposes of Article 7 Regulation 596/2014.

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

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                 Duncan Wain 
     ------------------------------------  --------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                      COO, PDMR 
     ------------------------------------  --------------------------------- 
 b)   Initial notification/Amendment:       Initial notification 
     ------------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name:                                 ZOO Digital Group plc 
     ------------------------------------  --------------------------------- 
 b)   LEI:                                  213800377KWAPKN5HX30 
     ------------------------------------  --------------------------------- 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ----------------------------------------------------------------------- 
 a)   Description of the financial          Ordinary shares of 1 penny 
       instrument, type of instrument:       each ("Ordinary Shares") 
       Identification code:                  GB00B1FQDL10 
     ------------------------------------  --------------------------------- 
 b)   Nature of the transaction:            Exercise of options over 
                                             Ordinary Shares and subsequent 
                                             sale 
     ------------------------------------  --------------------------------- 
 c)   Price(s) and volume(s):                 Price(s)     Volume(s) 
                                               Exercise of Options: 
                                               15 pence     25,000 
                                                           ----------- 
                                               Price(s)       Volume(s) 
                                               Sale of Ordinary Shares: 
                                               74 pence       25,000 
                                                             ------------- 
     ------------------------------------  --------------------------------- 
 d)   Aggregated information:               See 4 c) above 
        *    Aggregated volume: 
 
 
        *    Price: 
     ------------------------------------  --------------------------------- 
 e)   Date of the transaction:              12 August 2019 
     ------------------------------------  --------------------------------- 
 f)   Place of the transaction:             AIM, London Stock Exchange 
                                             (XLON) 
     ------------------------------------  --------------------------------- 
 

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August 13, 2019 08:58 ET (12:58 GMT)