REG - Zinc Media Group PLC - Director Shareholding and Update to TVR

Zinc MediaAnnouncement

24/08/2022 07:30

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RNS Number : 9872W  Zinc Media Group PLC  24 August 2022

Zinc Media Group plc

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

Director Shareholding and Update to Total Voting Rights

Issue of Shares

Zinc Media Group plc (AIM: ZIN), the award-winning television, brand and audio
production Group, announces that it proposes to issue, conditional on
Admission (as defined below), a total of 28,856 new ordinary shares of 0.125p
each in the capital of the Company ("New Ordinary Shares") to the Company's
Non-Executive Chairman, Christopher Satterthwaite, as part of his annual
remuneration package.

The New Ordinary Shares are being issued at a price of 103.97 pence per New
Ordinary Share, which is calculated as the trailing average 30-day mid-market
share price up to 17 August 2022. The New Ordinary Shares are being issued in
lieu of payment of director fees for the period to 30 June 2022, as part of
Christopher Satterthwaite's contractual arrangements with the Group. Following
the issue of the New Ordinary Shares, Christopher's shareholding is as
follows:

 Director                   Number of Ordinary Shares held prior to the issue of New Ordinary Shares  % of Issued Share Capital  New Ordinary          Number of Ordinary Shares held post issue of New Ordinary Shares  % of Issued Share Capital post issue of New Ordinary Shares

                                                                                                                                 Shares to be issued
 Christopher Satterthwaite  140,364                                                                   0.64%                      28,856                169,220                                                           0.78%

 

Application has been made to the London Stock Exchange for all the New
Ordinary Shares to be admitted to trading on AIM, with dealings expected to
commence at 8 a.m. on or around 25 August 2022 ("Admission").

Total Voting Rights

Upon Admission, the Company will have a total of 21,806,834 ordinary shares of
0.125p each in issue. The Company does not hold any shares in treasury.
Therefore, this figure may be used by shareholders as the denominator for
calculations by which they determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

For further information, please contact:

Zinc Media Group
plc
                       +44 (0) 20 7878 2311

Mark Browning, CEO / Will Sawyer, CFO

www.zincmedia.com (http://www.zincmedia.com)

Singer Capital
Markets
         +44 (0) 20 7496 3000

(Nominated Adviser and Broker to Zinc Media)
 

Mark Taylor / George Tzimas

IFC Advisory Ltd (Financial PR)
                                     +44 (0) 20 3934 6630

Graham Herring / Zach Cohen

 

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 Brook
Lapping, Red Sauce, Supercollider, Tern Television, Blakeway, Films of Record
and Rex 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 rights holders.

For further information on Zinc Media please visit www.zincmedia.com
(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 / person closely

    associated

 a)   Name                                                         Christopher Satterthwaite
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Chairman
 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  Ordinary shares of 0.125p each

      Identification code

                                                                   GB00BJVLR251
 b)   Nature of the transaction                                    Issue of ordinary shares
 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £103.97   28,856

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      24 August 2022
 f)   Place of the transaction                                     Off-market transaction

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

24 August 2022

f)

Place of the transaction

Off-market transaction

 

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