REG-MediaZest Plc: AGM Statement

MediazestAnnouncement

28/03/2024 07:15

28 March 2024


MediaZest Plc

(“MediaZest”, the “Company”, or the “Group”)

AGM Statement

Strong H1 performance with new confirmed orders

MediaZest plc (AIM: MDZ), the creative audio-visual solutions provider,
provides an update to shareholders ahead of its Annual General Meeting
(“AGM”) to be held at Unit 9, Woking Business Park, Albert Drive, Woking,
GU21 5JY at 11:00 a.m. today.

As announced in the Full Year Results
(https://www.londonstockexchange.com/news-article/MDZ/results-for-the-year-ended-30-september-2023/16361425)
earlier in the month, MediaZest experienced a notable uptick in activity in
the final quarter of its last financial year (FY23 ended 30 September 2023).
Ongoing long term project roll outs with existing customers have continued
into FY24 as expected, with new projects confirmed with Pets at Home and
Lululemon in the UK, a first LED installation for Arc'Teryx at its London
Flagship store, and further orders secured with a large global automotive
client in Europe.

Market demand and pitch opportunities from new potential clients across the
three core sectors in which the Company specialises (retail, automotive and
corporate offices) have seen a notable rise in the first half of the current
financial year, which bodes well for encouraging performance across FY24 as a
whole.

The Board is confident in MediaZest’s ability to deliver year-on-year
growth, alongside targeting a return to profitability, and remains positive
about the Group's future potential.

Investor presentation

Geoff Robertson, Group Chief Executive, will provide a live presentation in
relation to the Company’s final results via the Investor Meet Company
platform on Friday 12 April 2024 at 13:00 BST.

Investors can sign up to Investor Meet Company for free and add to meet
MediaZest here.
(https://www.investormeetcompany.com/mediazest-plc/register-investor) Those
who have already registered to meet the Company on the IMC platform will
automatically be invited.

For further information please contact:    

 MediaZest Plc                                                          www.mediazest.com                                                     
 Geoff Robertson, Chief Executive Officer                               via Walbrook PR                                                       
                                                                                                                                              
 SP Angel Corporate Finance LLP (Nomad)                                 Tel: +44 (0)20 3470 0470                                              
 David Hignell/Adam Cowl                                                                                                                      
                                                                                                                                              
 Hybridan LLP (Corporate Broker)                                        Tel: +44 (0)20 3764 2341                                              
 Claire Noyce                                                                                                                                 
                                                                                                                                              
 Walbrook PR (Media & Investor Relations)  Tel: +44 (0)20 7933 8780 or mediazest@walbrookpr.com                                               
 Paul McManus / Charlotte Edgar / Alice Woodings                        Mob: +44 (0)7980 541 893 / +44 (0)7884 664 686 / +44 (0)7407 804 654  
                                                                                                                                              

About MediaZest (www.mediazest.com)

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.



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