Zoo Digital Group PLC
21 June 2005
Immediate Release 21 June 2005
ZOO Digital Group plc
('the Company' or 'ZOO Digital')
Result of Extraordinary General Meeting ('EGM')
The Company is pleased to announce that at its EGM held today, the resolutions
put to shareholders were duly passed. As a result, the placing of 37,200,000 new
ordinary shares of 0.2p each ('New Ordinary Shares') to raise £3.162 million
before expenses, as detailed in the circular dated 25 May 2005, has been
completed subject only to admission of the New Ordinary Shares to trading on
AIM.
Dealings are expected to commence in the New Ordinary Shares on AIM on 23 June
2005. The New Ordinary Shares will rank pari passu with the existing ordinary
shares and the number of ordinary shares in issue following the placing will be
317,267,828*.
Ian Stewart, chief executive officer of ZOO Digital, commented:
'I am delighted by the continued support from investors. The funding will allow
us to accelerate our growth and development in the exploitation of the DVD-EXTRA
technology. It will also allow us to expand our business into key regions such
as Japan and North America and concentrate on the highest growth sectors.'
For further information please contact:
Ian Stewart
Chief Executive Officer, ZOO Digital Group plc
0114 241 3700
John Llewellyn-Lloyd,
Noble & Company Limited
0207 763 2200
James Chandler
Weber Shandwick Square Mile
020 7067 0700
* Of the shares in issue following the placing 430,000 were issued and allotted
under the block listing application made by the Company on 30 December 2004. In
accordance with the AIM Rules, the Company will, on 30 June 2005, provide full
details of the shares issued under this listing application.
This information is provided by RNS
The company news service from the London Stock Exchange
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