REG - Zoo Digital Group - Directorate Change

Zoo DigitalAnnouncement

23/01/2025 07:00

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RNS Number : 3678U  Zoo Digital Group PLC  23 January 2025

23 January 2025

ZOO DIGITAL GROUP PLC

("ZOO", the "Group" or the "Company")

Directorate Change

ZOO Digital Group plc (LON: ZOO), a world-leading provider of cloud-based
localisation and digital media services to the global entertainment industry,
announces that Phillip Blundell has informed the Board of his decision to
resign as Chief Financial Officer and Executive Director of the Company to
pursue other opportunities. He will remain in post and on the Board until the
summer of 2025 to oversee the FY25 results and ensure an orderly transition.
The Company is initiating a process to appoint a successor and will update the
market in due course.

 

Gillian Wilmot, Chairman of ZOO Digital, said:

 

"The Board would like to thank Phill for his contribution to ZOO over the past
six years. He has played an important role in the growth of the business and,
more recently, its response to a period of unprecedented disruption across the
industry. Phill leaves ZOO in a strong position to deliver profitable growth
as the recovery in TV and film production gains momentum. We wish him the best
for the future."

 

Phillip Blundell, Chief Financial Officer of ZOO Digital, said:

 

"It has been a pleasure to work with the team at ZOO and I am proud of the
achievements of the finance function in supporting the internationalisation of
the business and strengthening the finance function. I will work with the team
at ZOO to ensure an orderly transition with my successor. I wish the Group
every success in the future."

 

 

 For further enquiries, please contact:

 ZOO Digital Group plc                                          +44 (0) 114 241 3700
 Stuart Green - Chief Executive Officer
 Phillip Blundell - Chief Financial Officer

 Canaccord Genuity (Nominated Adviser and Broker)               +44 (0) 20 7523 8000
 Simon Bridges / Harry Gooden / Andrew Potts / George Grainger

 Vigo Consulting (Financial PR)                                 +44 (0)20 7390 0230
 Tim McCall / Rozi Morris                                       zoo@vigoconsulting.com

 

Prior to publication the information communicated in this announcement was
deemed by the Company to constitute inside information for the purposes of
article 7 of the Market Abuse Regulations (EU) No 596/2014 as amended by
regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations No
2019/310 ('MAR'). With the publication of this announcement, this information
is now considered to be in the public domain.

About ZOO Digital Group plc:

ZOO Digital supports major Hollywood studios and streaming services to
globalise their content and reach audiences everywhere, by providing leading,
technology-enabled localisation and media services.

Founded in 2001, ZOO Digital operates from hubs in Los Angeles, London, Dubai,
Turkey, South Korea, India, Denmark, Spain, Italy and Germany with a
development and production centre in Sheffield, UK.

The Group provides media services through its platforms that include: ZOOsubs,
ZOOdubs and ZOOstudio. Its full-service proposition delivers the end-to-end
services required to prepare both original and catalogue content for digital
distribution; these services include dubbing, subtitling & captioning,
metadata creation & localisation, mastering, artwork localisation and
media processing. Alongside this offering, ZOO also provides its customers
with management platforms and strategic solutions to support their own
internal globalisation operations.

ZOO is a go-to service partner for media businesses looking to globalise their
content across different territories, languages and distribution platforms.
Using its innovative technology-enabled approach, ZOO helps its customers to
reduce time to market, lower costs and deliver high quality products to their
global audiences. The business has frameworks in place with all major
Hollywood studios and streaming services. Its customers include Disney,
NBCUniversal, HBO and Paramount Global.

ZOO's competitive advantage arises from three interlinking factors - the
leading role it has played in the digital transformation of its sector; the
world class proprietary platforms that it develops to enable this
transformation; and the global supply chain of thousands of freelancers,
working collaboratively in ZOO's platforms, which delivers services that scale
easily to meet demand. These factors combine to make ZOO uniquely placed to
capitalise on new market opportunities in a fast-paced and constantly evolving
industry.

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

 

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