ZOO Digital Group plc, the provider of workflow management software and services for creative media production, today provides an update on trading for the year ended 31 March 2012 ahead of the announcement of its full year results.
The Board reports that trading for the second half of the financial year has progressed in line with expectations and expects to report turnover for the year to 31 March 2012 of US$11.2 million (FY2011: US$13.8 million), including increases in the second half of the year in the number of titles prepared using ZOO’s Blu-ray and eBook platforms. (more…)
ZOO Digital Group plc, the provider of software and software-led services for the filmed entertainment market, today announces its financial results for the six months to 30 September 2011. (more…)
At ZOO’s Annual General Meeting to be held later today, Roger Jeynes, Chairman, will make the following statement:
“Following the completion of our recent fundraising and the restructuring of our convertible loan notes, we are pleased to report that ZOO has a sound balance sheet and a solid platform for further growth.
Operational highlights
The Company is pleased to announce a fundraising of £1.70 million by way of a placing of 4,252,500 new Ordinary Shares at a price of 40 pence per share, and a restructuring of all of the Company’s outstanding convertible Loan Notes, amounting to £3.54 million which were due to mature on 31 October 2011. (more…)
