REG - Zoo Digital Group - Director appointment

Zoo DigitalAnnouncement

Thu 07:02

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RNS Number : 7865H  Zoo Digital Group PLC  08 May 2025

8 May 2025

 

ZOO DIGITAL GROUP PLC

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

 

Director Appointment

 

ZOO Digital Group plc (AIM: ZOO), the localisation and digital media services
partner to the global entertainment industry, is pleased to announce the
appointment of Robert ("Rob") Pursell to the board of the Company as Chief
Financial Officer on or before 8 August 2025.

 

Rob Pursell is a Chartered Accountant with extensive experience in senior
financial leadership roles across the technology and retail sectors. He has
held key positions in both private and publicly listed companies.

 

Rob most recently served as the Chief Financial Officer at NSC Group plc, a
privately owned London-based multinational IT services provider with over
1,500 employees operating across more than 100 countries, generating annual
revenues exceeding £120 million.

 

Rob holds a degree from The University of Sheffield and is a member of the
Institute of Chartered Accountants in England and Wales (ICAEW).

 

As previously announced, Phillip Blundell will remain in post to oversee the
FY25 results and ensure an orderly transition.

 

Stuart Green, Chief Executive Officer of ZOO Digital, said:

 

"On behalf of the Board, I would like to welcome Rob to ZOO as our new Chief
Financial Officer. Rob is an experienced and highly commercial finance leader
who has managed across international technology and services companies. He
joins as we have fundamentally right sized the business to focus on
profitability and cash generation. I look forward to working with him as we
capitalise on our market leading position to adapt to the evolving media
entertainment industry."

 

 

The following additional information is provided in accordance with paragraph
(g) of Schedule Two of the AIM Rules for Companies.

 

Mr Robert ("Rob") John Pursell (aged 52) is currently or has been a director
of the following companies within the past five years:

 

 Current Directorships                            Past Directorships (in the last five years)
 -    NSC Global Products Limited                 -    Koovs Plc

 -    NSC Global Limited

 -    NSC Group plc

 -    NSC Global Network Services Inc

 -    NSC Services (Malaysia) SDN BHD

 -    NSC Global Technology Services PTE LTD

 

Rob currently holds no direct interests in the Company's ordinary shares.

 

Rob was a director of Koovs Plc. Koovs Plc entered into administration on 10
December 2019, was moved from administration to dissolution on 17 December
2022 and dissolved following liquidation on 17 March 2023. Koovs Plc was an
online fashion retailer in India trading in affordable Western fashion for
Indian consumers.

 

Koovs Plc entered administration when a significant committed equity
investment (circa £6.5 million) did not complete. Koovs Plc's secured
creditor was managed by a security trustee, Capital Trust Company Limited (now
Apex Corporate Trustees (UK) Limited).  The secured creditor was owed £10.2
million plus interest and costs on commencement of the administration and
suffered a shortfall of circa £7.3 million.

 

Preferential creditors and all other unsecured creditors have either been paid
in full or were taken forward by the purchaser of the business and assets of
Koovs Plc from the administrator. The purchaser was SKIG 3 Investments
Limited, a company owned by Lord Waheed Alli, a former director, shareholder
and secured note holder of Koovs Plc.

 

There is no further information to be disclosed pursuant to Schedule 2(g) of
the AIM Rules for Companies.

 

The person responsible for arranging for the release of this announcement on
behalf of ZOO is Stuart Green, Chief Executive Officer.

 

 

For further information:

 

 ZOO Digital Group plc                                          +44 (0) 114 241 3700
 Stuart Green - Chief Executive Officer
 Gillian Wilmot CBE - Chairman

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

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

 

 

About ZOO Digital Group plc:

 

ZOO Digital partners with major Hollywood studios and streaming services to
tell their stories to audiences around the world.

 

The Group's localisation and digital media services allow customers to
globalise content across different territories, languages and distribution
platforms, extending its reach and profitability.

 

Deploying proprietary technology platforms and 12,000+ freelancers, ZOO offers
end-to-end dubbing, subtitling and captioning, metadata creation and
localisation, mastering, artwork creation and localisation, and media
processing.

 

ZOO has frameworks in place with all major Hollywood studios and streaming
services, helping them to capitalise on new opportunities in a fast-paced
industry. Customers include Disney, NBCUniversal, Netflix and Paramount
Global.

 

Founded in 2001, the Group has a global presence with dedicated hubs in Los
Angeles, London, Dubai, Turkey, South Korea, India, Denmark, Spain, Italy and
Germany as well as a development and production centre in Sheffield, UK.

 

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

 

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