REG - Zoo Digital Group - Postponement of Final Results

Zoo DigitalAnnouncement

06/07/2022 07:00

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RNS Number : 4392R  Zoo Digital Group PLC  06 July 2022

6 July 2022

 

ZOO DIGITAL GROUP PLC

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

 

Postponement of Final Results

 

ZOO Digital Group plc (AIM: ZOO), the leading provider of end-to-end,
cloud-based localisation and media services to the global entertainment
industry, announces that the Company's auditors have been unable to meet the
pre-agreed timetable for the approval of the results on 6 July 2022. The
Company has been informed by its auditors that it should be in a position to
sign its results for the year ended 31 March 2022 shortly.

 

As a result, the private investor event scheduled for today will be
rescheduled for next week.

 

 

For further information:

 

 ZOO Digital Group plc            +44 (0)114 241 3700
 Stuart Green
 Phillip Blundell

 Stifel                           +44 (0)20 7710 7600
 Fred Walsh / Tom Marsh

 Instinctif Partners              +44 (0)20 7457 2020
 Matthew Smallwood / Joe Quinlan  zoo@instinctif.com (mailto:zoo@instinctif.com)

 

 

About ZOO Digital Group plc:

 

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

 

Founded in 2001, ZOO Digital operates from hubs in Los Angeles, London, Dubai,
Turkey, South Korea, India and Denmark with a development and production
centre in Sheffield, UK. The company is targeting $100m sales in the medium
term.

 

The Group provides media services through its platforms that include: ZOOsubs,
ZOOdubs, 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, 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 ViacomCBS.

 

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 geared to
capitalise on new market opportunities in a fast-paced and constantly evolving
industry.

 

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