Zoo Digital Group PLC Issue of Equity and TVR (1163M)

TIDMZOO

RNS Number : 1163M

Zoo Digital Group PLC

25 April 2018

Zoo Digital Group PLC

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

Issue of Equity

Total Voting Rights

and Sale and Transfer of Ordinary Shares by the ZOO Employee Share Trust Limited

ZOO Digital Group plc, the provider of localisation and digital distribution services for the global entertainment industry, announces that, on 25 April 2018, 10,000 ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares") were allotted pursuant to an exercise of options over Ordinary Shares by certain employees of the Company.

Application will shortly be made to the London Stock Exchange for the 10,000 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 1 May 2018. 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 73,783,655. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 73,783,655. 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.

Sale and Transfer of Ordinary Shares by the ZOO Employee Share Trust Limited

The Company was notified on 25 April 2018 that on that date the ZOO Employee Share Trust Limited ("ZEST"), sold 8,800 Ordinary Shares at a price of 99.033 pence per Ordinary Share on behalf of employees who held Ordinary Shares through ZEST and additionally transferred 2,800 Ordinary Shares at nil cost to an ex-employee.

ZEST is a wholly-owned subsidiary of ZOO, the purpose of which is to hold shares in ZOO for the benefit of the employees of the Group, some of the Ordinary Shares are held on trust for specific employees and the balance are held with ZEST as beneficiary, to be awarded in the future. The Company notes that, as Stuart Green and Helen Gilder are trustees of ZEST and are potential beneficiaries of ZEST, they are therefore treated as having an interest in the Ordinary Shares held by ZEST.

Following the above transaction, ZEST holds a total of 263,435 Ordinary Shares; of which ZEST as beneficiary holds 186,997 Ordinary Shares and ZEST, on behalf of specific employees holds 76,438 Ordinary Shares.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name:                              ZOO Employee Share 
                                          Trust Limited 
---  ---------------------------------  ----------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status:                   PCA with Stuart Green 
                                          (Chief Executive Officer) 
                                          and Helen Gilder (Chief 
                                          Financial Officer) 
---  ---------------------------------  ----------------------------- 
 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 
       instrument, type of instrument:    1 pence each 
       Identification code: 
                                          GB00B1FQDL10 
---  ---------------------------------  ----------------------------- 
 b)   Nature of the transaction:         Sale of Ordinary Shares 
---  ---------------------------------  ----------------------------- 
 c)   Price(s) and volume(s):              Price(s)        Volume(s) 
                                           --------------  ---------- 
                                            99.033 pence    8,800 
                                           --------------  ---------- 
---  ---------------------------------  ----------------------------- 
 d)   Aggregated information:            Single transaction 
        *    Aggregated volume:           as in 4 c) above 
 
 
        *    Price: 
---  ---------------------------------  ----------------------------- 
 e)   Date of the transaction:           25/04/2018 
---  ---------------------------------  ----------------------------- 
 f)   Place of the transaction:          AIM, London Stock Exchange 
                                          (XLON) 
---  ---------------------------------  ----------------------------- 
 
 
 5.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------- 
 a)   Name:                              ZOO Employee Share 
                                          Trust Limited 
---  ---------------------------------  --------------------------- 
 6.   Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status:                   PCA with Stuart Green 
                                          (Chief Executive Officer) 
                                          and Helen Gilder (Chief 
                                          Financial Officer) 
---  ---------------------------------  --------------------------- 
 b)   Initial notification/Amendment:    Initial notification 
---  ---------------------------------  --------------------------- 
 7.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------- 
 a)   Name:                              ZOO Digital Group plc 
---  ---------------------------------  --------------------------- 
 b)   LEI:                               213800377KWAPKN5HX30 
---  ---------------------------------  --------------------------- 
 8.   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 
       instrument, type of instrument:    1 pence each 
       Identification code: 
                                          GB00B1FQDL10 
---  ---------------------------------  --------------------------- 
 b)   Nature of the transaction:         Transfer of Ordinary 
                                          Shares 
---  ---------------------------------  --------------------------- 
 c)   Price(s) and volume(s):              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            nil         2,800 
                                           ----------  ---------- 
---  ---------------------------------  --------------------------- 
 d)   Aggregated information:            Single transaction 
        *    Aggregated volume:           as in 4 c) above 
 
 
        *    Price: 
---  ---------------------------------  --------------------------- 
 e)   Date of the transaction:           25/04/2018 
---  ---------------------------------  --------------------------- 
 f)   Place of the transaction:          Off market transaction 
---  ---------------------------------  --------------------------- 
 
 
 Enquiries: Zoo Digital Group PLC 
   Stuart Green, Chief Executive 
    Officer 
    Helen Gilder, Chief Financial 
    Officer                               0114 241 3700 
   finnCap Ltd 
    Henrik Persson / Emily Watts - 
    Corporate Finance 
    Camille Gochez - Corporate Broking    0207 220 0500 
   Alma PR 
    Josh Royston / Hillary Buchanan       020 8004 4218 
 

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

This information is provided by RNS

The company news service from the London Stock Exchange

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April 25, 2018 09:39 ET (13:39 GMT)