Brief: Zoo Digital Group Provides Trading Update, Acquisition And Placing

Zoo Digital

27/04/2023 18:00

April 27 (Reuters) - Zoo Digital Group PLC  ZOO.L :
    * ZOO DIGITAL GROUP  - TRADING UPDATE, ACQUISITION AND
PLACING
    * ZOO DIGITAL GROUP PLC - NON-PRE-EMPTIVE FUNDRAISE VIA
PLACING TO
RAISE GROSS PROCEEDS OF AT LEAST £10.0 MILLION AT A PRICE OF 160
PENCE PER PLACING SHARE
    * ZOO DIGITAL GROUP-REVENUE FOR YEAR ENDED 31 MARCH 2023
EXPECTED
TO BE AT LEAST $90 MILLION (FY22: $70.4 MILLION), INCREASE OF AT
LEAST 28% OF WHICH 25% IS ORGANIC
    * ZOO DIGITAL GROUP PLC -  PROPOSED PLACING TO FULLY FUND
PROPOSED
ACQUISITION OF ONE OF COMPANY'S TRUSTED PARTNERS IN JAPAN
    * ZOO DIGITAL GROUP PLC - EBITDA FOR YEAR ENDED 31 MARCH
2023
EXPECTED TO BE AT LEAST $12 MILLION (FY22: $8.3 MILLION),
INCREASE OF AT LEAST 44%

Source text for Eikon:  urn:newsml:reuters.com:*:nRSa7628Xa
Further company coverage:  ZOO.L 

 ((Reuters.Briefs@thomsonreuters.com;))