REG-MediaZest Plc: Further Update re: Trading Performance

MediazestAnnouncement

09/06/2020 17:20

9 June 2020

MediaZest Plc

("MediaZest", the "Company” or the “Group”; AIM: MDZ)

Further Update re: Trading Performance

The Board provides a further update on trading for the six months to 31 March
2020 following the Group’s ‘Updated Trading Performance and Covid-19
update’ announcement yesterday.

After further analysis, the Board confirms the Group recorded an unaudited
EBITDA loss of £11,000 (as opposed to a £57,000 EBITDA profit) and a loss
after tax of £43,000 (as opposed to a loss of £50,000) for the 6 months to
31 March 2020.

In addition, the Group had net assets of £1,548,000 (as opposed to
£1,629,000) at 31 March 2020.

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014.

 Enquiries:                                                                                   
 Geoff Robertson Chief Executive Officer MediaZest Plc                         0845 207 9378  
 David Hignell/Soltan Tagiev Nominated Adviser SP Angel Corporate Finance LLP  020 3470 0470  
 Claire Noyce Broker Hybridan LLP                                              020 3764 2341  
                                                                                              

Notes to Editors:

About MediaZest

MediaZest is a creative audio-visual systems integrator that specialises in
providing innovative marketing solutions to leading retailers, brand owners
and corporations, but also works in the public sector in both the NHS and
Education markets. The Group supplies an integrated service from content
creation and system design to installation, technical support, and
maintenance. MediaZest was admitted to the London Stock Exchange's AIM market
in February 2005. For more information, please visit www.mediazest.com



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