Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Zoo Digital Group (ZOO)

  Print      Mail a friend       Annual reports

Thursday 04 September, 2008

Zoo Digital Group

Proposed placing

RNS Number : 7021C
Zoo Digital Group PLC
04 September 2008

For immediate release: 4 September 2008


('ZOO', 'the Company')


ZOO Digital Group plc, (AIM: ZOO) the digital media production technology group, announces today that it proposes a capital raising by conditionally placing 3,413,333 new ordinary shares of 15p each in the Company ('Placing Shares') at a placing price of 15p per share (the 'Placing Price') to raise approximately £512,000 before expenses (the 'Placing'). The Placing Shares will, when issued, represent 16 per cent. of the enlarged issued share capital of the Company following completion of the Placing. 

The Placing Price of 15 pence per Placing Share represents a premium of 25 per cent. to the closing middle market price of 12 pence per ordinary share on 3 September 2008, being the last business day before announcement of the Placing.  

Reasons for the fundraising and use of proceeds

The proposed fundraising is to provide the Company with additional working capital resources. The board of directors of the Company ('Board') believes that the additional working capital will enable the Company to continue to develop the business without undue constraint. 

The Company has also today announced its preliminary results for the year to 31 March 2008. Full details on the final results are contained in a separate announcement.

Settlement and dealings 

Due to the size of the issue of the Placing Shares relative to the Company's existing authority to allot securities for cash on a non pre-emptive basis the issue of the Placing Shares is conditional upon the passing of certain resolutions which are to be proposed at the Company's eighth annual general meeting which is to be held on 6 October 2008 at 11.00 am at The Tower, 2 Furnival Square, Sheffield S1 4QL ('AGM'). Accordingly, the Board is seeking shareholders' approval to dis-apply pre-emption rights at the AGM to the extent required to, amongst other things, facilitate the Placing. If the necessary resolutions are passed at the AGM, it is expected that application will be made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM. It is expected that the Placing Shares will be admitted to trading on AIM on 7 October 2008. The Placing Shares will, when issued, rank pari passu in all respects with the existing ordinary shares of the Company. Following admission of the Placing Shares to trading on AIM the enlarged issued share capital of the Company will be 21,326,421 ordinary shares. 

Director's and Substantial Shareholder's Placing participation 

The Placing is being taken up by the Company's Chief Executive Officer, Stuart Green, who is subscribing for 1,333,333 of the Placing Shares thereby increasing his holding to 4,179,835 ordinary shares (representing 19.6 per cent. of the enlarged issued share capital following completion of the Placing), Herald Investment Management Ltd, ('Herald') who will be subscribing for 1,800,000 of the Placing Shares thereby increasing their holding to 3,590,100 ordinary shares (representing 16.8 per cent. of the enlarged issued share capital following completion of the Placing) and South Yorkshire Investment Fund, who will be subscribing for 280,000 of the Placing Shares thereby increasing their holding to 1,782,564 ordinary shares (representing 8.4 per cent. of the enlarged issued share capital following completion of the Placing).

Related Party Transactions 

The participation of both Stuart Green as a director of the Company and Herald as a substantial shareholder in the Placing are deemed to be related party transactions under the AIM Rules for companies. Accordingly ZOO's directors (other than Stuart Green), consider, having consulted with KBC Peel Hunt Ltd, the Company's nominated adviser, that the terms of the Placing are fair and reasonable insofar as the Company's shareholders are concerned. 


The directors of ZOO believe that the Placing is in the best interests of ZOO and its shareholders as a whole. Accordingly, your directors recommend that shareholders vote in favour of the resolutions which are to be proposed at the AGM, as they intend to do in respect of their own beneficial and connected shareholdings, which amount to 17,913,088 ordinary shares representing 46.4 per cent. of the issued share capital of ZOO, and all of the directors of ZOO (or their connected persons) have signed irrevocable undertakings to do so.  


The accounts of ZOO for the year ended 31 March 2008 set out the details and terms of the Placing in the Chairman's statement ('Accounts'). A copy of the Accounts is being sent to shareholders on or around 9 September 2008 together with a notice of the AGM to approve the relevant resolutions.

Copies of the Accounts will be available on the Company's website at

Christopher Honeyborne, Non Executive Chairman commented:

The Board are actively focused on driving the business forward through the continued integration of Scope Seven and by enhancing our technological offering. The directors of the Company believe that shareholder value will be maximized by combining this approach with operational improvements that have already been made across the business. I would like to take this opportunity to thank our existing shareholders for their continued support.'


For further information please contact: 

ZOO Digital Group plc                                                             tel: 0114 241 3700 

Stuart Green - Chief Executive Officer 

Helen Gilder - Group Finance Director 

KBC Peel Hunt                                                                       tel: 020 7418 8900

Nominated Adviser and Broker 

Richard Kauffer / Daniel Harris

Weber Shandwick Financial                                                     tel: 020 7067 0700

Nick Dibden/John Moriarty

This information is provided by RNS
The company news service from the London Stock Exchange

a d v e r t i s e m e n t