Zoo Digital Group PLC Issue of equity and total voting rights (3550Y)

TIDMZOO

RNS Number : 3550Y

Zoo Digital Group PLC

21 August 2018

Zoo Digital Group PLC

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

ZOO Employee Share Trust Limited Transaction

Conversion of Convertible Loan Stock Instrument

Exercise of Options

and Total Voting Rights

ZOO Digital Group plc, the provider of localisation and digital distribution services for the global entertainment industry, announces that, in accordance with instructions from certain employees for whom ZEST holds ordinary shares of 1 penny each ("Ordinary Shares") on trust, on 20 August 2018, ZOO Employee Share Trust Limited ("ZEST") sold 10,257 Ordinary Shares at a price of 130 pence per Ordinary Share. ZEST is a wholly-owned subsidiary of ZOO, the purpose of which is to hold Ordinary Shares for the benefit of employees of the Group. Stuart Green is a director of the Company and also a trustee of ZEST, he is therefore treated as having an interest in the Ordinary Shares held by ZEST.

Following this transaction ZEST holds a total of 224,177 Ordinary Shares.

The Company announces that on 20 August 2018, 4,000 Ordinary Shares were allotted pursuant to an exercise of options over Ordinary Shares by an employee of the Company. The exercise of options was satisfied by the allotment by the Company of 4,000 new Ordinary Shares.

The Company also announces that on 20 August 2018, 18,750 Ordinary Shares were allotted pursuant to the conversion of GBP9,000 7.5% unsecured convertible redeemable loan stock by a loan noteholder, at the conversion price of 48 pence. The conversion of loan stock was satisfied by the allotment by the Company of 18,750 new ordinary shares.

Application has been made to the London Stock Exchange for the 22,750 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 27 August 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 74,366,271. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 74,366,271. 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.

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

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) 
     -------------------------------------  -------------------------------- 
 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 
       Identification code:                   GB00B1FQDL10 
     -------------------------------------  -------------------------------- 
 b)   Nature of the transaction:             Sale of Ordinary Shares 
     -------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s):                  Price(s)     Volume(s) 
                                                130 pence    10,257 
                                                            ---------- 
     -------------------------------------  -------------------------------- 
 d)   Aggregated information:                Single transaction as in 
        *    Aggregated volume:               4 c) above 
 
 
        *    Price: 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction:               20/08/2018 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction:              AIM, London Stock Exchange 
                                              (XLON) 
     -------------------------------------  -------------------------------- 
 
 
 Enquiries: Zoo Digital Group PLC 
   Stuart Green, Chief Executive Officer 
    Phillip Blundell, Chief Financial Officer             0114 241 3700 
   finnCap Ltd 
    Henrik Persson / Emily Watts / Max Bullen-Smith 
    - Corporate Finance 
    Camille Gochez / Andrew Burdis - Corporate Broking    0207 220 0500 
   Alma PR 
    Josh Royston / Caroline Forde/Helena Bogle            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

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August 21, 2018 02:00 ET (06:00 GMT)