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 Shares to be issued | Number of Ordinary Shares held post issue of New Ordinary Shares | % of Issued Share Capital post issue of New Ordinary Shares |
| 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
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
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
Identification code | Ordinary shares of 0.125p each
GB00BJVLR251 | ||||
| b) | Nature of the transaction | Issue of ordinary shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| 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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