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Pin to quick picksZinc Media Regulatory News (ZIN)

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Director Shareholding

13 Feb 2020 16:01

RNS Number : 9704C
Zinc Media Group PLC
13 February 2020
 

Zinc Media Group plc 

("Zinc", the "Group" or the "Company") 

Director Shareholding

Zinc Media Group plc (AIM: ZIN), the leading TV and multimedia content producer, announces that it has issued, conditional on admission, 33,333 new ordinary shares in the capital of the Company (the "New Shares") to Christopher Satterthwaite, Chairman. The New Shares were issued at a price of 90 pence per share in lieu of payment of director fees, as part of Christopher's contractual arrangements with the Group. Following the issue of the New Shares, Christopher is interested in a total of 55,555 ordinary shares, equivalent to 0.70 per cent. of the voting share capital of the Company, as enlarged.

Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM, with dealings expected to commence at 8 a.m. on 19 February 2020 ("Admission"). Following Admission, the Company will have a total of 7,942,915 ordinary shares of 0.125p each in issue. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

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 / Lauren Kettle

 Peterhouse Capital Limited (Joint Broker)

+44 (0) 20 7469 0932

Martin Lampshire / Duncan Vasey / Eran Zucker

 

 Notes to Editors

Zinc Media Group plc is a leading British based TV and content creation company and operates 6 TV labels and a non-TV content division called Zinc Communicate.

The six award winning and critically acclaimed television production labels include: Blakeway, Brook Lapping, Films of Record, Blakeway North, Reef Television and Tern Television, whose brands produce television and radio programmes for both UK and international broadcasters.

Zinc Communicate specialises in creating B2B communications strategies and behaviour change programmes, campaigns and resources for partners, businesses, and government departments

For further information on Zinc Media please visit: http://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

a)

Name

Christopher Satterthwaite

2

Reason for the notification

a)

Position/status

Non-executive Chairman

b)

 

Initial notification /Amendment

Initial notification

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 0.125p

Identification code (ISIN) for Zinc Media Group plc ordinary shares: GB00BJVLR251

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

90 pence

33,333

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

13 February 2020

f)

Place of the transaction

Off-market transaction

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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