Zinc Media Group (ZIN): Placing of 15% of the market value
This situation live
ZIN Zinc Media Group
Placing of 15% of the market value
announced
RaisePlacing · £2 million minimum
Of market value15.4%
Discount31% to the last close
Use of the moneygrowth, working capital
Reaction on the day+0%
As of 28 Oct 2026 ↗
Since Oct 2023: 305 situations of this kind – completed 77%, went quiet 23%; median share price -17% six months after they opened
NOV19
Next: Bookbuild result, then circular and General Meeting vote in 21 days
Every step · 1
- 28 Oct 2026 announced – The net proceeds from the Fundraise will be used by the Company principally to fund several overlapping large-scale productions and the Group's evolving... ↗
What is happening
Zinc Media Group: Placing of 15% of the market value – announced. ['announced']
- In short
- On 28 Oct 2026 Zinc proposed a Placing of at least £2m at 30p, a 31% discount, plus a retail offer of up to £0.25m. The money funds working capital as Middle East clients pay slowly and large productions overlap. It needs a Rule 9 waiver, a Lloyds covenant waiver and a shareholder vote around 19 Nov 2026.
- Announced
- 28 Oct 2026 · announced · +0% on the day
- Size
- Placing minimum £2m; Retail Offer up to £0.25m
- Price
- 30p per new share
- Discount
- About 31.0% to the 43.5p close on 27 Oct 2026
- Dilution
- Placing Shares about 22.3% of existing share capital at minimum take-up
- Use of money
- Overlapping large-scale productions and working capital, including slower Middle East client payment terms
- Conditions
- Lloyds covenant waiver, Takeover Code Rule 9 waiver, shareholder resolutions
What comes next
Bookbuild result, then circular and General Meeting vote (19 Nov 2026).
Briefing
Zinc Media Group in 4 minutes
Zinc Media Group is an AIM-listed UK maker of factual TV, entertainment shows and brand films, with fast-growing work in the Middle East. After five years of rising profit, 2026 stalled: the Iran war pushed about...
- Act 1Pruning the portfolio, buying Raw Cut
- Act 2Betting on entertainment, the Middle East and owned IP
- Act 3The Iran war hits 2026
From the company's own announcements. Not investment advice.
Also at Zinc Media Group 3 open
Balance-sheet stress / refinancingHerald debt facilities and conversion – Lloyds covenant waiver under discussion
Upgrade / downgrade cycleResults ahead of expectations – ahead of expectations
Stake building towards controlAberdeen Group plc towards control – 32.2926% (from 0%)
Zinc Media Group – company page →