Zoo Digital Group PLC Issue of equity and total voting rights (3550Y)
August 21 2018 - 1:00AM
UK Regulatory
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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