REG - Zinc Media Group PLC - Director Share Options

Zinc MediaAnnouncement

10/06/2021 07:05

RNS Number : 4055B
  
Zinc Media Group PLC
  
10 June 2021
  
 

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) 
 





Price(s)


Volume(s)




£0.00125


474,230








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) 
 





Price(s)


Volume(s)




£0.00125


237,115








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) 
 





Price(s)


Volume(s)




£0.6695


79,816








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) 
 





Price(s)


Volume(s)




£0.6695


79,816








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) 
 





Price(s)


Volume(s)




£0.6695


18,000








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) 
 





Price(s)


Volume(s)




£0.6695


16,000








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



 
 

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