MediaZest Group, the creative audio-visual company focused on the retail sector, announces that it has raised £250,000 (gross) by placing 166,666,800 new ordinary shares at 0.1p each; the placing was oversubscribed. In addition it will issue 33,333,333 new Ordinary Shares to City and Claremont Capital Assets Ltd., resulting from conversion of loan interest amounting to £50,000, priced at 0.15p per share.
