Zoo Digital Regulatory News (ZOO)

1 November 2021

ZOO Digital Group PLC

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

Issue of Equity in respect of the conversion of Convertible Loan Stock Instruments

and Total Voting Rights

ZOO Digital Group plc, a world-leading provider of cloud-based localisation and digital distribution services to the global entertainment industry, announces that, following receipt of notices to convert pursuant to a £1,731,500 7.5% unsecured convertible redeemable loan stock instrument dated 1 September 2006 (as amended and reconstituted) ("CLN1"), the Company issued 62,500 new ordinary shares in the capital of the Company ("New Ordinary Shares") to the final holder of CLN1 who has served the notice to convert at a conversion price of 48 pence per New Ordinary Share.

Application will be made to the London Stock Exchange for the 62,500 New Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on or around 5 November 2021. The New Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following the conversion of such loan stock under CLN1, the Company will have redeemed in full both convertible loan notes and will be free of any outstanding liability and future interest payments.

The total number of Ordinary Shares in issue following Admission will be 87,651,594. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 87,651,594. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

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