Last checked at 16 Nov 2018 07:00
Zinc Media Group plc
("Zinc Media" or the "Company")
Director Shareholding and Grant of Options
Zinc Media Group plc, the TV and multimedia content producer, announces that Will Sawyer, Chief Financial Officer, purchased 1,314,474 ordinary shares in the capital of the Company (the "Ordinary Shares") yesterday, 15 November 2018, at a price of 0.38p per Ordinary Share.
Following this purchase of Ordinary Shares, Will is holding a total of 1,314,474 Ordinary Shares, representing 0.09 per cent. of the voting share capital of the Company
The Company has also granted options of 9,000,000 Ordinary Shares in the capital of the Company (the "Options") to Will.
The Options, which have a three-year life, are exercisable at 0.425p per share; half of which vest three years following grant with the balance of 4,500,000 Options vesting subject to the achievement of certain performance criteria.
The Ordinary Shares and Options represent Will's entire holding of securities in the Company.
Zinc Media Group plc +44 (0) 20 7878 2311
Peter Bertram, Chairman
David Galan, Chief Executive Officer
www.zincmedia.com
N+1 Singer (NOMAD and Broker to Zinc Media Group plc) +44 (0) 20 7496 3000
Mark Taylor / Lauren Kettle
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
| Ordinary shares of 0.00025 pence each
GB00BX7RGN99
| |
b) | Nature of the transaction | Purchase of ordinary shares | |
c)
| Price(s) and volume(s)
| Price | Volume |
0.38p | 1,314,474 | ||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A | |
e) | Date of the transaction | 15 November 2018 | |
f) | Place of the transaction | London Stock Exchange | |
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 0.00025 pence each
GB00BX7RGN99
| |
b) | Nature of the transaction | Grant of options over ordinary shares | |
c)
| Price(s) and volume(s)
| Price | Volume |
Exercise price of 0.425p | 9,000,000 | ||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A | |
e) | Date of the transaction | 15 November 2018 | |
f) | Place of the transaction | Outside a trading venue | |