REG - Zinc Media Group PLC Brave Bison Grp PLC - Form 8 (OPD) Zinc Media Group plc - Replacement <Origin Href="QuoteRef">BBSN.L</Origin> <Origin Href="QuoteRef">ZIN.L</Origin>

Zinc MediaAnnouncement

02/06/2017 14:50

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RNS Number : 0512H
Zinc Media Group PLC
02 June 2017 
 
This announcement replaces the announcement released under RNS number 7322G.
The interests of persons acting in concert with Zinc Media Group plc in the
company's preference shares have been included at section 3. All other
information remains unchanged. 
 
FORM 8 (OPD) 
 
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER 
 
Rules 8.1 and 8.2 of the Takeover Code (the "Code") 
 
1.         KEY INFORMATION 
 
 (a) Full name of discloser:                                                                                                                                                                                                         Zinc Media Group plc  
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.  N/A                   
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:     Use a separate form for each offeror/offeree                                                                                            Zinc Media Group plc  
 (d) Is the discloser the offeror or the offeree?                                                                                                                                                                                    OFFEROR               
 (e) Date position held:     The latest practicable date prior to the disclosure                                                                                                                                                     31 May 2017           
 (f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"                                       NO                    
 
 
2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 
 
If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security. 
 
(a)        Interests and short positions in the relevant securities of the
offeror or offeree to which the disclosure relates 
 
 Class of relevant security:                                                                    
                                                                                     Interests  Short positions  
 Number                                                                              %          Number           %    
 (1) Relevant securities owned and/or controlled:                                    Nil        Nil              Nil  Nil  
 (2) Cash-settled derivatives:                                                       Nil        Nil              Nil  Nil  
 (3) Stock-settled derivatives (including options) and agreements to purchase/sell:  Nil        Nil              Nil  Nil  
 TOTAL:                                                                              Nil        Nil              Nil  Nil  
 
 
All interests and all short positions should be disclosed. 
 
Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions). 
 
Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). 
 
(b)        Rights to subscribe for new securities 
 
 Class of relevant security in relation to which subscription right exists:   None  
 Details, including nature of the rights concerned and relevant percentages:  N/A   
 
 
3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER
MAKING THE DISCLOSURE 
 
 Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:                                                                                                                                                                                                                                                                                                                          
 Interests of directors of Zinc Media Group plc and their connected persons in ordinary shares of Zinc Media Group plc  Name Role No. of ordinary shares Percentage holding Peter Bertram  Chairman 2,812,500 0.45 David Galan CFO and COO 1,400,000 0.23 Jonathan Goodwin Non-executive Director 11,766,660(1) 1.90 (1)        This includes 2,766,660 ordinary shares held by Lepe Partners LLP, a limited liability             partnership of which Jonathan Goodwin is a member Interests of directors of Zinc Media Group  
 plc and their connected persons in rights to subscribe for ordinary shares in Zinc Media Group plc  Name No. of options Vesting period Exercise price Peter Bertram 6,000,000 05.12.2016 - 05.12.2019 0.75p David Galan 12,000,000 05.12.2016 - 05.12.2019 0.75p Jonathan Goodwin 3,000,000 05.12.2016 - 05.12.2019 0.75p  Interests of persons acting in concert with Zinc Media Group plc  Name No. of ordinary shares Percentage holding Herald Investment Management Limited (on behalf of discretionary clients)(1)        
 208,789,564 33.69 John Booth and The John Booth Charitable Foundation 39,123,760 6.31 (1)        This disclosure replaces the Form 8.3 Public Opening Position Disclosure by Herald             Investment Management Limited released at 14:54 on 23 May 2017 In addition, Zinc Media Group plc has in issue 2,908,631 freely transferable, convertible preference shares of 0.01p, of which Herald Investment Management Limited holds 2,876,869 and The John Booth Charitable Foundation holds 31,762.                       
 
 
 Name              Role                    No. of ordinary shares  Percentage holding  
 Peter Bertram     Chairman                2,812,500               0.45                
 David Galan       CFO and COO             1,400,000               0.23                
 Jonathan Goodwin  Non-executive Director  11,766,660(1)           1.90                
 
 
(1)        This includes 2,766,660 ordinary shares held by Lepe Partners LLP,
a limited liability             partnership of which Jonathan Goodwin is a
member Interests of directors of Zinc Media Group plc and their connected
persons in rights to subscribe for ordinary shares in Zinc Media Group plc 
 
 Name              No. of options  Vesting period           Exercise price  
 Peter Bertram     6,000,000       05.12.2016 - 05.12.2019  0.75p           
 David Galan       12,000,000      05.12.2016 - 05.12.2019  0.75p           
 Jonathan Goodwin  3,000,000       05.12.2016 - 05.12.2019  0.75p           
 
 
Interests of persons acting in concert with Zinc Media Group plc 
 
 Name                                                                          No. of ordinary shares  Percentage holding  
 Herald Investment Management Limited (on behalf of discretionary clients)(1)  208,789,564             33.69               
 John Booth and The John Booth Charitable Foundation                           39,123,760              6.31                
 
 
(1)        This disclosure replaces the Form 8.3 Public Opening Position
Disclosure by Herald             Investment Management Limited released at
14:54 on 23 May 2017 In addition, Zinc Media Group plc has in issue 2,908,631
freely transferable, convertible preference shares of 0.01p, of which Herald
Investment Management Limited holds 2,876,869 and The John Booth Charitable
Foundation holds 31,762. 
 
Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions). 
 
Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). 
 
4.         OTHER INFORMATION 
 
(a)        Indemnity and other dealing arrangements 
 
 Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"  
 None                                                                                                                                                                                                                                                                                                                                                                                                                                                        
 
 
(b)        Agreements, arrangements or understandings relating to options or
derivatives 
 
 Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:(i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state "none"  
 None                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
 
 
(c)        Attachments 
 
Are any Supplemental Forms attached? 
 
 Supplemental Form 8 (Open Positions)  NO  
 Supplemental Form 8 (SBL)             NO  
 
 
 Date of disclosure:  31 May 2017    
 Contact name:        David Galan    
 Telephone number:    020 7878 2320  
 
 
Telephone number: 
 
020 7878 2320 
 
Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service. 
 
The Panel's Market Surveillance Unit is available for consultation in relation
to the Code's disclosure requirements on +44 (0)20 7638 0129. 
 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk. 
 
This information is provided by RNS
The company news service from the London Stock Exchange