REG-MediaZest Plc: Trading Update

MediazestAnnouncement

08/07/2019 07:00

8 July 2019

MediaZest plc

(“MediaZest”, the “Company” or “Group”, AIM:MDZ)

Trading Update

MediaZest, the AIM quoted creative audio-visual company, is pleased to provide
shareholders with an update on current trading. 

Despite the ongoing difficulties experienced within the UK and the global
Retail Sector, new business wins have continued. The Board has prioritised the
Group’s strategic focus on clients with multiple stores and the potential to
roll out MediaZest’s audio visual solutions across that estate, generating
long term and consistent income. The Group has also focussed on providing a
managed service offering around those solutions in order to generate revenue
from contracts over multiple years.

This strategy has been particularly effective against the current market
backdrop, with recurring revenue contracts worth in excess of £200,000
renewing or being added during the quarter which ran from 1 April to 30 June
2019.

As well as new stores for clients including Lululemon, Kuoni and Tiffany, the
Group is pleased to confirm it has added Pets at Home as a client, having
provided audio-visual solutions for their new store concepts at Stockport and
Chesterfield.

Financial Results for the Year ended 31 March 2019 results

The Group’s financial results for the year ended 31 March 2019 are expected
to be announced before the end of July, following completion of the year end
audit.

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014

 Enquiries:                                                                                                  
 Geoff Robertson Chief Executive Officer MediaZest Plc                                        0845 207 9378  
 David Hignell/Lindsay Mair/Jamie Spotswood Nominated Adviser SP Angel Corporate Finance LLP  020 3470 0470  
 Claire Noyce Broker Hybridan LLP                                                             020 3764 2341  

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014

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 .



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