21st Jun 2005 15:10
Zoo Digital Group PLC21 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 resolutionsput to shareholders were duly passed. As a result, the placing of 37,200,000 newordinary shares of 0.2p each ("New Ordinary Shares") to raise £3.162 millionbefore expenses, as detailed in the circular dated 25 May 2005, has beencompleted subject only to admission of the New Ordinary Shares to trading onAIM. Dealings are expected to commence in the New Ordinary Shares on AIM on 23 June2005. The New Ordinary Shares will rank pari passu with the existing ordinaryshares and the number of ordinary shares in issue following the placing will be317,267,828*. Ian Stewart, chief executive officer of ZOO Digital, commented: "I am delighted by the continued support from investors. The funding will allowus to accelerate our growth and development in the exploitation of the DVD-EXTRAtechnology. It will also allow us to expand our business into key regions suchas Japan and North America and concentrate on the highest growth sectors." For further information please contact: Ian StewartChief Executive Officer, ZOO Digital Group plc0114 241 3700 John Llewellyn-Lloyd,Noble & Company Limited0207 763 2200 James ChandlerWeber Shandwick Square Mile020 7067 0700 * Of the shares in issue following the placing 430,000 were issued and allottedunder the block listing application made by the Company on 30 December 2004. Inaccordance with the AIM Rules, the Company will, on 30 June 2005, provide fulldetails of the shares issued under this listing application. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Zoo Digital