REG-MediaZest Plc: Trading Update

MediazestAnnouncement

30/05/2022 07:15

30 May 2022

MediaZest Plc

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

Trading Update

MediaZest (AIM: MDZ), the audio-visual solutions provider, is pleased to
provide an update on current trading and performance during the first half of
the current financial year, the six months ended 31 March 2022 (the “Interim
Period”).

As expected and noted in the previous financial years’ results announcement
on 2 March 2022, the current financial year began encouragingly with the
Interim Period showing significant improvement from prior year comparison.

As was the case in the six months to 30 September 2021, the Group achieved
profitability at both EBITDA and profit after tax levels. Detailed results for
the Interim Period are currently in preparation, in conjunction with the
Company’s auditors, and will be released in June 2022.

Current trading remains positive across the Group’s key retail, automotive
and corporate sectors. The Group is also seeing increased demand for temporary
and event driven technology as clients’ customers return to their stores and
other locations, and seek to reintroduce the ‘wow factor’ to their
marketing activations.

A more comprehensive update will follow in the interim results.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 Enquiries:                                                                               
 Geoff Robertson Chief Executive Officer MediaZest Plc                     0845 207 9378  
 David Hignell/Adam Cowl 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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