Zoo Digital Group PLC Director Appointment (7480S)

TIDMZOO

RNS Number : 7480S

Zoo Digital Group PLC

05 October 2017

5 October 2017

ZOO DIGITAL GROUP PLC

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

Director Appointment

ZOO Digital Group plc is pleased to announce the appointment of Mickey Kalifa as Non-Executive Director of the Company with immediate effect.

Mickey is a Chartered Accountant with nearly 30 years' experience across the technology, media and gaming sectors. Previously, Mickey spent eight years with Sportech PLC ("Sportech"), latterly as Chief Financial Officer (a position that he leaves on 31 October 2017). During his time at Sportech, which is listed on the London Stock Exchange plc, he led a transformation in the company's financial strength and played a prominent role in driving Sportech's global expansion. Prior to Sportech, Mickey served in a number of executive and finance director roles with some of the world's largest media and technology companies, including Liberty Global, BSkyB PLC, Time Warner, Disney and Young and Rubicam.

The Company has granted Mickey 30,000 options over ordinary shares in the Company under the ZOO Digital Group plc Unapproved scheme (the "Options"), of which 40 per cent. will vest in October 2018, 30 per cent. in October 2019 and the balance in October 2020. The exercise price of the Options is 37.50 pence, being the mid-market price as at close of business on 4 October 2017.

As a result of this grant, the total number of options issued is 7,245,345, equivalent to 9.89 per cent. of the current issued share capital of the Company.

Stuart Green, Chief Executive Officer of the Company, commented:

"Mickey has the ideal blend of experience for ZOO and I am delighted to welcome him to the Board. He has strong financial and operational skills within both the technology and media industries across important markets, including the USA, Europe and Asia. This is complemented by his significant listed company experience and we look forward to his contribution at an exciting time for the Company."

Mickey Kalifa commented:

"I am delighted to be joining the Board of ZOO at a very exciting time in the Company's history. I look forward to working with the Board in supporting and contributing to ZOO's continued growth."

The following information regarding the appointment of Maneck (Mickey) Minoo Kalifa, aged 50, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

 
 Current directorships                      Former directorships 
  and/or partnerships:                       and/or partnerships 
                                             (within the last 
                                             five years): 
  Bet 247 Limited                            Comzent Limited 
   C&P Promotions Limited                     Sportech PLC 
   Datatote (England) Limited                 Football Pools 1923 Limited 
   Pools Company Limited                      UK Lottery Management Limited 
   Pools Promotions Limited                   TFPL Financial Services Limited 
   Sportech Gaming Limited                    Bellday Properties Limited 
   Sportech Group Holdings Limited            Arki Limited 
   Sportech Holdco 1 Limited 
   Sportech Holdco 2 Limited 
   Sportech Management Limited 
   Sportech Pools Competitions Limited 
   Sportech Pools Games Limited 
   Sportech Pools Limited 
   Sportech Pools Trustee Company Limited 
   Thepools.com Limited 
 

For further enquiries please contact:

 
                                         0114 241 
 ZOO Digital Group plc                    3700 
 Stuart Green - Chief Executive 
  Officer 
 Helen Gilder - Chief Finance Officer 
 
                                           020 7220 
   finnCap                                 0500 
 Henrik Persson / Emily Watts / 
  Alex Price (corporate finance) 
  Camille Gochez (corporate broking) 
                                         020 8004 
 Alma PR                                  4218 
 Josh Royston / Hilary Buchanan 
 

About ZOO Digital Group plc:

ZOO Digital is a provider of services allowing quality TV and movie content to be subtitled in any language and prepared for sale with all major online retailers. ZOO's clients are some of the best-known brands in the world including major Hollywood studios, global broadcasters and independent distributors.

ZOO's point of difference in the marketplace is its development and use of innovative cloud technology. This ensures that content is subtitled in any language and delivered to all the major online platforms such as Amazon, iTunes, Google and Hulu with reduced time to market, higher quality and lower costs. ZOO's agile, cloud-based business model enables clients to respond to market trends, scale easily with business growth and capitalise on new routes to market in the fast moving and evolving digital industry.

ZOO operates from the entertainment hubs of Los Angeles and London with a development and production centre in Sheffield. Its full-service proposition includes digital distribution, subtitling & captioning, metadata creation & localisation, dubbing, artwork localisation, workflow and asset management.

www.zoodigital.com

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                             Mickey Kalifa 
---  -------------------------------  ----------------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                  Non-Executive Director 
---  -------------------------------  ----------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
---  -------------------------------  ----------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  -------------------------------------------------------------------- 
 a)   Name                             Zoo Digital Group plc 
---  -------------------------------  ----------------------------------- 
 b)   LEI                              213800377KWAPKN5HX30 
---  -------------------------------  ----------------------------------- 
 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                   Ordinary shares of 1p 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B1FQDL10 
       code 
---  -------------------------------  ----------------------------------- 
 b)   Nature of the                    Grant of Options 
       transaction 
---  -------------------------------  ----------------------------------- 
 c)   Price(s) and                      Price(s)       Volume(s) 
       volume(s)                        -------------  ---------- 
                                         37.50 pence    30,000 
                                        -------------  ---------- 
---  -------------------------------  ----------------------------------- 
 d)   Aggregated information:          Single transaction as in 4 
        *    Aggregated volume          c) above Price(s)       Volume(s) 
                                        -------------  ---------- 
                                         37.50 pence    30,000 
        *    Price                      -------------  ---------- 
---  -------------------------------  ----------------------------------- 
 e)   Date of the transaction          4 October 2017 
---  -------------------------------  ----------------------------------- 
 f)   Place of the                     Off market transaction 
       transaction 
---  -------------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAZMMGGLDVGNZM

(END) Dow Jones Newswires

October 05, 2017 02:00 ET (06:00 GMT)