Zoo Digital Group PLC
27 September 2006
For immediate release 27 September 2006
ZOO Digital Group plc
('ZOO' or the 'Company')
Result of Extraordinary General Meeting ('EGM')
ZOO is pleased to announce that at its EGM held earlier today, all the
resolutions proposed at the EGM were duly passed.
On 4 September 2006 the Company announced a fundraising of £3.98 million (after
expenses) by way of the issue of £3.496 million unsecured convertible loan stock
of the Company and the issue of 110,000,000 new ordinary shares of 0.2 pence
each (the 'Placing Shares') (together 'the Fundraising') conditional, inter
alia, on the passing of the resolutions at the EGM. The resolutions were
detailed in the notice of EGM contained in a circular (the 'Circular') posted to
shareholders on 4 September 2006.
Accordingly application has been made for the admission of the Placing Shares
and the 16,153,846 new ordinary shares in aggregate being subscribed for by
Noble & Company Limited and KBC Peel Hunt Ltd in lieu of placing commission, to
trading on AIM ('Admission'). It is expected that trading on AIM in such shares
will commence on 28 September 2006. Following Admission there will be
443,481,674 ordinary shares of 0.2 pence each in the Company in issue.
For further information please contact
Stuart Green
Chief Executive, ZOO Digital Group plc
0114 241 3700
Helen Thomas
Weber Shandwick/Square Mile
020 7067 0700
Alasdair Robinson
Noble & Company Limited
0131 225 9677
This information is provided by RNS
The company news service from the London Stock Exchange