MDZ Mediazest Plc

 
TIDMMDZ 
 
9 June 2020 
 
                                 MediaZest Plc 
 
             ("MediaZest", the "Company" or the "Group"; AIM: MDZ) 
 
                    Further Update re: Trading Performance 
 
The Board provides a further update on trading for the six months to 31 March 
2020 following the Group's 'Updated Trading Performance and Covid-19 update' 
announcement yesterday. 
 
After further analysis, the Board confirms the Group recorded an unaudited 
EBITDA loss of GBP11,000 (as opposed to a GBP57,000 EBITDA profit) and a loss after 
tax of GBP43,000 (as opposed to a loss of GBP50,000) for the 6 months to 31 March 
2020. 
 
In addition, the Group had net assets of GBP1,548,000 (as opposed to GBP1,629,000) 
at 31 March 2020. 
 
This announcement contains inside information for the purposes of Article 7 of 
Regulation (EU) 596/2014. 
 
Enquiries: 
 
Geoff Robertson                                      0845 207 9378 
Chief Executive Officer 
MediaZest Plc 
 
David Hignell/Soltan Tagiev                          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 
 

(END) Dow Jones Newswires

June 09, 2020 12:18 ET (16:18 GMT)

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