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
Chief Executive Officer
MediaZest Plc |
0845 207 9378 |
David Hignell/Adam Cowl
Nominated Adviser
SP Angel Corporate Finance LLP |
020 3470 0470 |
Claire Noyce
Broker
Hybridan LLP |
020 3764 2341 |
|
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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