REG - Zinc Media Group PLC - Trading Update

Zinc MediaAnnouncement

25/05/2023 07:00

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RNS Number : 5712A  Zinc Media Group PLC  25 May 2023

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation.

 

25 May 2023

 

Zinc Media Group plc

("Zinc" or the "Group")

 

Trading Update

 

Zinc Media Group plc (AIM: ZIN), the award-winning television, brand and audio
production group, is pleased to announce a trading update ahead of its Annual
General Meeting being held today.

 

Since the trading update on 26 April 2023, the Group has continued to perform
very well winning an additional £3m of new business which is expected to be
recognised in the current financial year.  As a result, total revenue won and
due to be recognised in FY23 is now £29m (26 May 2022: £17m).

 

Growth continues to come from all divisions. The Group's pipeline remains
strong with a further £5m of revenue for recognition in FY23 in highly
advanced discussions.

 

Mark Browning, Chief Executive Officer, commented:

"During the last month we have continued our strong momentum in FY23, and
continue to win high quality work across all our businesses. This gives
increasing confidence that our performance is in line with market
expectations.  Our programmes are world class with many of them making
headlines around the globe including Putin vs The West, Bowelbabe and most
recently Paid in Full: The Battle for Payback (working title) in partnership
with Idris and Sabrina Elba which was announced earlier this week".

 

Further information can be found at:  https://www.zincmedia.com/news/
(https://www.zincmedia.com/news/)

 

For further information, please contact:

Zinc Media Group
plc
           +44 (0) 20 7878 2311

Mark Browning, CEO / Will Sawyer, CFO

www.zincmedia.com (http://www.zincmedia.com)

Singer Capital Markets (Nominated Adviser and Broker)
                                +44 (0) 20 7496
3000

James Moat / George Tzimas / Alex Emslie

IFC Advisory Ltd (Financial
PR)
           +44 (0) 20 3934 6630

Graham Herring / Zach Cohen

 

About Zinc Media Group

Zinc Media Group plc is a premium television and content creation group.

The award-winning and critically acclaimed television labels now comprise
Brook Lapping, Red Sauce, Supercollider, Tern Television, Rex and Atomic,
along with Bumblebee Post Production, and produce programmes across a wide
range of factual genres for UK and international broadcasters.

Zinc Communicate specialises in developing cross-platform content for brands,
businesses, and rights holders.

The Edge Picture Company produces film content for brands and corporates in
the UK, Qatar and other international markets.

For further information on Zinc Media please visit www.zincmedia.com
(http://www.zincmedia.com/) .

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