Purchase of shares by employe

RNS Number : 4944T

Zoo Digital Group PLC

29 September 2010

 

ZOO DIGITAL GROUP PLC

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

28 September 2010

 Purchase of shares on behalf of the employee share trust

The Company announces that the ZOO Employee Share Trust Limited (the "ZEST") has purchased 99,732 Ordinary Shares at a price of 63 pence per share (less commissions). ZEST is a wholly-owned subsidiary of ZOO whose purpose is to hold shares in ZOO for the benefit of the employees of the Group.

As a result of this transaction, ZEST is interested in 499,949 Ordinary Shares, representing 2.1% of the Company's issued share capital.  ZEST is the beneficial owner of 112,333 of these shares, the balance is held in trust by ZEST on behalf of employees.

As a consequence of the exercise of options by certain employees, the Company announces that the total number of ordinary shares of 15p each of the Company in issue at the date of this notice is 23,721,929 with each share carrying the right to one vote. There are no shares held in treasury. The total number of voting rights in the Company is therefore 23,721,929.

The above figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

Ends

For further enquiries please contact:

ZOO Digital Group plc	0114 241 3700
Stuart Green - Chief Executive Officer
Helen Gilder - Group Finance Director
FinnCap	020 7600 1658
Marc Young / Henrik Persson
Threadneedle Communications	020 7653 9850
Josh Royston / Terry Garrett

About ZOO Digital Group plc:

ZOO Digital Group plc is a provider of creative media repurposing software and related services. ZOO's media collaboration platform consists of web-based systems and an integrated suite of desktop applications that work with printed materials and audio/visual content, adapting these media to different languages, sizes, and technical formats.  ZOO makes this process extremely quick and cost effective and is clearly differentiated in the market.

ZOO's services are built on its proprietary patented software and enable customers to reduce considerably the costs and time to market of regionalised filmed entertainment materials and marketing campaigns across multiple territories and for a wide range of applications and formats, including printed materials, DVD, Blu-ray Disc, video on demand, electronic sell-through and broadcast.  Working closely with language translation partners, ZOO's media collaboration platform transforms computer-based workflows through radical process re-engineering and provides clear differentiation for the company's production, consulting and custom development services. 

ZOO is focused on the worldwide creative media production markets and in particular video production for entertainment applications, with customers including major film studios and other producers and publishers of video-based consumer products.

DVD is a trademark of the DVD Format/Logo Licensing Corporation.  Blu-ray is a trademark of the Blu-ray Disc Association.

 

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