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ZOO DIGITAL GROUP PLC

Share Issue/Capital Change Jan 26, 2016

8039_rns_2016-01-26_9f33f1c9-d1b1-430e-919e-df5b8906d6a9.html

Share Issue/Capital Change

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RNS Number : 9463M

7digital Group PLC

26 January 2016

7digital Group plc

("7digital", "the Group" or "the Company")

Transaction in Own Shares and Director Dealing

7digital (AIM:7DIG), the digital music and radio services company, announces that on 22 January 2016, the Company transferred 124,642 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") (the "Transfers") out of treasury as follows:

-      90,256 Ordinary Shares in respect of the payment of an employee bonus, of which Simon Cole, Chief Executive Officer, received 27,895 Ordinary Shares and Pete Downton, Executive Director, received 16,281 Ordinary Shares;

-      19,298 Ordinary Shares owed to Anne De Kerckhove under the contractual terms of her role as Non-Executive Director of the Company; and

-      15,088 Ordinary Shares owed to Mark Foster under the contractual terms of his role as Non-Executive Director of the Company.

Following the Transfers, the revised shareholdings of the Directors who have received transferred shares, Simon Cole, Pete Downton, Anne de Kerckhove and Mark Foster's, are as follows:

Ordinary Shares held prior to the Transfers Ordinary Shares acquired under the Transfers Ordinary Shares held following the Transfers Percentage of voting rights in the Company held following the Transfers
Simon Cole 2,254,544 27,895 2,282,439 2.11%
Pete Downton 37,038 16,281 53,319 0.05%
Anne De Kerckhove 4,135 19,298 23,433 0.02%
Mark Foster 2,155 15,088 17,243 0.02%

Following this transfer, the Company will have 108,431,517 Ordinary Shares in issue. There are now 79,055 Ordinary Shares held in treasury. Therefore the total number of voting rights in 7digital is 108,352,462. This number may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

7digital Group 020 7099 7777
Simon Cole, Chief Executive Officer
Chris Dent, Chief Financial Officer
Holly Ashmore, PR Manager
finnCap (nominated adviser and broker) 020 7220 0500
Geoff Nash/ Carl Holmes/ Simon Hicks - Corporate Finance
Malar Velaigam - Corporate Broking
Weber Shandwick (Financial PR agency) 020 7067 0000
Nick Oborne - [email protected]
Tom Jenkins - [email protected]

About 7digital (http://about.7digital.com)

7digital is a B2B digital music and radio services company. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for customers such as Onkyo, Guvera, OpenLIVE, and The Overflow. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Panasonic and ROK Mobile, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

This information is provided by RNS

The company news service from the London Stock Exchange

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