MediaZest Plc New Business Wins
30 March 2021 - 5:00PM
UK Regulatory
TIDMMDZ
30 March 2021
MediaZest Plc
("MediaZest", the "Company" or the "Group"; AIM: MDZ)
New Business Wins
MediaZest (AIM: MDZ), the creative audio-visual company, is pleased to provide
an update on current trading and new business wins ahead of today's Annual
General Meeting.
Further to the announcement of 11 February 2021, the Company continues to win
additional new project work at an encouraging rate.
Over £250,000 of confirmed additional written orders have been received and
approximately the same amount of further orders on top of these are currently
at the final stage of negotiation. Several additional other projects are at an
advanced stage of discussion with both new and existing clients.
A small proportion of these projects have already been completed, but the Board
expects the majority to be delivered in the second half of the Group's current
financial year ending 31 September 2021.
Geoff Robertson, CEO, commented: "We have seen a marked increase in new
business opportunities since the beginning of the calendar year and the Board
is pleased with the rate at which these opportunities are being converted into
orders. Although some uncertainty remains, primarily due to the ongoing impact
of Covid-19, the outlook for the second half of the financial year is promising
and we look forward to updating our shareholders further in due course."
The information contained within this announcement is deemed to constitute
inside information as stipulated under the UK Market Abuse Regulation. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.
Enquiries:
Geoff Robertson 0845 207 9378
Chief Executive Officer
MediaZest Plc
David Hignell/Adam Cowl 020 3470 0470
Nominated Adviser
SP Angel Corporate Finance LLP
Claire Noyce 020 3764 2341
Broker
Hybridan LLP
Notes to Editors:
About MediaZest
MediaZest is a creative audio-visual systems integrator that specialises in
providing innovative marketing solutions to leading retailers, brand owners and
corporations, but also works in the public sector in both the NHS and Education
markets. The Group supplies an integrated service from content creation and
system design to installation, technical support, and maintenance. MediaZest
was admitted to the London Stock Exchange's AIM market in February 2005. For
more information, please visit www.mediazest.com
END
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