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Zinc Media Group Kicks Off Retail Offering of Shares

MT Newswires·10/30/2026 06:52:03
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06:52 AM EDT, 10/30/2026 (MT Newswires) -- Zinc Media Group (ZIN.L) launched a retail offer to raise 250,000 pounds sterling by selling up to 833,333 shares at 0.30 pound per share, according to a Friday filing. The television, brand and audio production group plans to use the retail offer proceeds for general working capital and to strengthen its balance sheet. The company said the previous day that it raised 2.1 million pounds through a placement of 7 million new shares at the same price. The retail offer is subject to the completion of the placement and shareholder approval.