Last checked at 20 Jan 2015 10:51
ZOO DIGITAL GROUP PLC
("ZOO" or "the Company")
Grant of options to directors
ZOO, the provider of cloud-based media production software and services to global creative organisations, announces the following concerning the granting of options.
On 20 January 2015, a total of 710,000 new options over ordinary shares in the Company of 15p each ("Options" and "Ordinary Shares") were granted to selected employees of the Company, including the issue of 250,000 Options to each of Helen Gilder and Gordon Doran (being directors of the Company).
The Options are exercisable at 15p per share and will vest as follows: 40% on the first anniversary of issuance, 30% on the second anniversary, and vest fully on the third anniversary of issuance. All options will lapse on the tenth anniversary of issuance.
Following the granting of the Options, the interests of the relevant directors in Options are as set out below:
| No. of Options previously held | No. of Options granted | Resultant interest in Options |
Helen Gilder | 700,000 | 250,000 | 950,000 |
Gordon Doran | 700,000 | 250,000 | 950,000 |
For further enquiries please contact:
ZOO Digital Group plc | 0114 241 3700 |
Stuart Green - Chief Executive Officer |
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Helen Gilder - Group Finance Director |
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FinnCap |
020 7220 0500 |
Ed Frisby (corporate finance) |
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Joanna Weaving (corporate broking) |
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Newgate Threadneedle |
020 7653 9850 |
Tim Thompson / Hilary Buchanan |
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About ZOO Digital Group plc:
ZOO Digital is a provider of cloud-based media production services and software to global creative organisations, predominantly in the entertainment industry. ZOO's full service proposition includes localisation of audio-visual content (embracing subtitling, captioning and dubbing), creative workflow systems and digital distribution solutions.
ZOO's services enable clients to capitalise on new routes to market and deliver localised content to their customers across multiple platforms.
ZOO's clients enjoy reduced time to market, higher quality and lower costs. This is achieved by delivering differentiated production services through the application of innovative cloud software. In this way ZOO provides flexible solutions that combine services with software licensing to meet the diverse needs of clients of all sizes across the creative media industries. ZOO's software is used to create localised entertainment products, packaging and marketing campaigns for some of the best known brands in the world.