Zinc Media Group plc
("Zinc" or the "Company")
Grant of Options
Zinc Media Group plc (AIM: ZIN), the award-winning television, brand and audio production group, announces that the Company has granted options over ordinary shares of 0.125 pence each ("Ordinary Shares") in the Company (the "Options") on 12 December 2022 to a PDMR as follows:
| PDMR | Total number of Options granted | Option exercise price |
Vesting period |
| Aileen Dennis | 79,816 | 87.5p | 3 years ending 12 December 2025 |
The Options have been granted under the Company's EMI Share Option Plan and will vest in accordance with the following conditions:
· half of the Options granted will vest if the market price per Ordinary Share is at least 131.25p for a period of 30 consecutive dealing days ending on or after 12 December 2025; and
· the remaining half of the Options will vest non-conditionally on the third anniversary of the grant date, being 12 December 2025.
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Mark Browning, CEO / Will Sawyer, CFO
Singer Capital Markets (Nominated Adviser and Broker) +44 (0) 20 7496 3000
James Moat / George Tzimas / Alex Emslie
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, Rex and Bumblebee Post Production 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.
The Edge is the Group's latest acquisition and produces film content for brands, corporates, and Governments both in the UK and in Qatar and other international markets.
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
| Aileen Dennis | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status
| Managing Director Commercial Strategy (PDMR) | ||||
| b) | Initial notification /Amendment
| Initial notification | ||||
| 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
GB00BJVLR251 | ||||
| b) | Nature of the transaction
| Grant of Options over Ordinary Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A - single transaction
| ||||
| e) | Date of the transaction
| 12 December 2022 | ||||
| f) | Place of the transaction
| Outside a trading venue | ||||
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