AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

ZOO DIGITAL GROUP PLC

Share Issue/Capital Change Dec 7, 2018

8039_rns_2018-12-07_6b04395d-8fb5-4168-9503-763e33705d33.html

Share Issue/Capital Change

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8507J

7digital Group PLC

07 December 2018

7 December 2018

7digital Group plc

("7digital" or "the Company")

Issue of Equity

The Company announces that 679,945 new ordinary shares of 1p each in the Company ("Ordinary Shares") have been issued to the following directors of the Company in accordance with the terms of their service contracts:

Name Position Number of Ordinary Shares
Eric Cohen Non-Executive Director 267,857
Mark Foster Non-Executive Director 54,945
Paul McGowan Non-Executive Director (resigned 28 September 2018) 357,143

Application has been made for the admission to AIM ("Admission") of 679,945 new Ordinary Shares, being the total number of shares issued.

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 13 December 2018.

Following Admission, the Company's enlarged issued share capital will be 400,236,646 Ordinary Shares. This figure of 400,236,646 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will 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.

For further information please contact:

7digital 020 7099 7777
Simon Cole, Chief Executive
David Holmwood, Interim Chief Financial Officer

Holly Ashmore, PR Manager
Arden Partners (nominated adviser and broker) 020 7614 5900
Ruari McGirr/Tom Price/Benjamin Cryer - Corporate Finance

About 7digital

7digital is the global leader in B2B end-to-end digital music solutions. 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 clients such as MediaMarktSaturn, Onkyo and musical.ly. From years of being the largest independent producer of programming for the BBC and powering services for partners like Panasonic, TDC and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Eric Cohen
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name 7digital Group plc
b) LEI 213800Z18A7JGS54KF43
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 1p each

ISIN:     GB00BMH46555
b) Nature of the transaction Issue of Shares
c) Price(s) and volume(s) 267,857 Ordinary Shares

4.55p
d) Aggregated information

- Aggregated volume

 - Price
N/A - single transaction
e) Date of the transaction 7 December 2018
f) Place of the transaction Off Market Transaction
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mark Foster
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name 7digital Group plc
b) LEI 213800Z18A7JGS54KF43
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 1p each

ISIN:     GB00BMH46555
b) Nature of the transaction Issue of Shares
c) Price(s) and volume(s) 54,945 Ordinary Shares

4.55p
d) Aggregated information

- Aggregated volume

 - Price
N/A - single transaction
e) Date of the transaction 7 December 2018
f) Place of the transaction Off Market Transaction

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

IOEFSWFEWFASEIE

Talk to a Data Expert

Have a question? We'll get back to you promptly.