Last checked at 10 Jun 2021 07:00
Zinc Media Group plc
("Zinc", the "Group" or the "Company")
Director Share Options
Zinc Media Group plc (AIM: ZIN), a leading TV and multimedia content producer, announces that the Company has issued share options over ordinary shares of 0.125 pence each ("Ordinary Shares") in the Company ("Options") on 10 June 2021 to Executive Directors and PDMRs of Zinc as follows:
Director/Senior Personnel | Total number of Ordinary Shares under Options post grant |
Option exercise price |
Vesting period |
Mark Browning | 474,230 | 0.125p | 3 years ending 9 June 2024 |
Will Sawyer | 237,115 | 0.125p | 3 years ending 9 June 2024 |
Damon Westbury | 79,816 | 66.95p | 3 years ending 9 June 2024 |
Olly Strous | 79,816 | 66.95p | 3 years ending 9 June 2024 |
Harry Bell | 18,000 | 66.95p | 3 years ending 9 June 2024 |
Katie O'Callaghan | 16,000 | 66.95p | 3 years ending 9 June 2024 |
Both Mark Browning's and Will Sawyer's awards have been made under an Unapproved Share Option Scheme. The Options were granted under the condition that half of the Options granted to each director will vest if the Ordinary Share price is at least £0.60 for a period of 30 consecutive Dealing Days ending on or after 9 June 2024, and the other half will vest if the share price is at least £0.90 for a period of 30 consecutive Dealing Days ending on or after 9 June 2024.
For the remaining Senior Management and PDMRs receiving Option awards, the Options have been made under the Company's EMI Share Option Plan and under the condition that half of the options granted to each individual will vest if the Ordinary Share price is at least 100.425p for a period of 30 consecutive Dealing Days ending on or after 9 June 2024, and the other half will vest non-conditionally on the third anniversary of the grant date, being 9 June 2024.
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Mark Browning, CEO / Will Sawyer, CFO
www.zincmedia.com
N+1 Singer (NOMAD and Joint Broker to Zinc Media) +44 (0) 20 7496 3000
Mark Taylor / Kailey Aliyar / Sebastian Buke
About Zinc Media Group
Zinc Media Group plc is a leading television and content creation group.
The award-winning and critically acclaimed television labels comprise Blakeway, Brook Lapping, Films of Record, Red Sauce, Supercollider and Tern Television and produce programmes across a wide range of factual genres for UK and international channels.
Zinc Communicate specialises in developing cross-platform content for brands, businesses and partners.
For further information on Zinc Media please visit www.zincmedia.com
Basis on which information is presented
In this document, references to "£", "pence" and "p" are to the lawful currency of the United Kingdom. All times referred to in this document are, unless otherwise stated, references to London time.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Mark Browning | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zinc Media Group plc | ||||
b) | LEI | 21380038V6N4I4P38D74 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code | Options over Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
b) | Nature of the transaction | Grant of options over ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
474,230 Exercise price of 0.125 pence | ||||
e) | Date of the transaction | 10 June 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Will Sawyer | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer | ||||
b) | Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zinc Media Group plc | ||||
b) | LEI | 21380038V6N4I4P38D74 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code | Options over Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
b) | Nature of the transaction | Grant of options over ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
237,115 Exercise price of 0.125 pence | ||||
e) | Date of the transaction | 10 June 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Damon Westbury | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director of Zinc Communicate | ||||
b) | Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zinc Media Group plc | ||||
b) | LEI | 21380038V6N4I4P38D74 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code | Options over Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
b) | Nature of the transaction | Grant of options over ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
79,816 Exercise price of 66.95 pence | ||||
e) | Date of the transaction | 10 June 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Olly Strous | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Technology Officer | ||||
b) | Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zinc Media Group plc | ||||
b) | LEI | 21380038V6N4I4P38D74 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code | Options over Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
b) | Nature of the transaction | Grant of options over ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
79,816 Exercise price of 66.95 pence | ||||
e) | Date of the transaction | 10 June 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Harry Bell | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director of Tern Television | ||||
b) | Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zinc Media Group plc | ||||
b) | LEI | 21380038V6N4I4P38D74 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code | Options over Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
b) | Nature of the transaction | Grant of options over ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
18,000 Exercise price of 66.95 pence | ||||
e) | Date of the transaction | 10 June 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Katie O'Callaghan | ||||
2 | Reason for the notification | |||||
a) | Position/status | HR Director | ||||
b) | Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zinc Media Group plc | ||||
b) | LEI | 21380038V6N4I4P38D74 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code | Options over Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
b) | Nature of the transaction | Grant of options over ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
16,000 Exercise price of 66.95 pence | ||||
e) | Date of the transaction | 10 June 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||