Zinc Media Group (ZIN): Placing of 23% of the market value
This situation live
ZIN Zinc Media Group
28 Oct 2026 · announced · +0% on the day · −28% until the next step
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 working capital profile.
29 Oct 2026 · announced · -28% on the day · −2% until the next step
Following Admission, the Concert Party will be interested in, in aggregate, 14,840,330 Ordinary Shares, representing approximately 40.25 per cent. of the voting rights of the Company.
30 Oct 2026 · announced · -2% on the day · +0% until the next step
The Company values its retail shareholder base and believes that it is appropriate to provide its retail shareholders in the United Kingdom the opportunity to participate in the Retail Offer.
Placing of 23% of the market value
completed
RaisePlacing · £2.1m
Of market value22.7%
Discount31% to the last close
Use of the moneyworking capital
Reaction on the day−28%
As of 5 Nov 2026 ↗
Since Oct 2023: 312 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 8 days
Every step · 4
- 28 Oct 2026 announced · +0% on the day – 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... ↗
- 29 Oct 2026 announced · -28% on the day – Following Admission, the Concert Party will be interested in, in aggregate, 14,840,330 Ordinary Shares, representing approximately 40.25 per cent. of the... ↗
- 30 Oct 2026 announced · -2% on the day – The Company values its retail shareholder base and believes that it is appropriate to provide its retail shareholders in the United Kingdom the opportunity... ↗
- 5 Nov 2026 completed – Following the closing of the Retail Offer, 625,459 Retail Offer Shares have been conditionally subscribed for at a price of 30 pence per Retail Offer Share,... ↗
What is happening
Zinc Media Group: Placing of 23% of the market value – completed. ['completed']
- 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
- Latest
- 5 Nov 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 →