Zinc Media Group PLC Grant of Options (5512J)

TIDMZIN

RNS Number : 5512J

Zinc Media Group PLC

13 December 2022

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  Option exercise 
                   of Options granted            price                Vesting period 
                                                          3 years ending 12 December 
 Aileen Dennis                 79,816            87.5p                          2025 
                 --------------------  ---------------  ---------------------------- 
 

T he 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 [phone]

Mark Browning, CEO / Will Sawyer, CFO

www.zincmedia.com

Singer Capital Markets (Nominated Adviser and Broker) [phone]

James Moat / George Tzimas / Alex Emslie

IFC Advisory Ltd (Financial PR) [phone]

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 "GBP", "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

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                          Aileen Dennis 
      ----------------------------  -------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------- 
 a)    Position/status               Managing Director Commercial Strategy 
                                      (PDMR) 
      ----------------------------  -------------------------------------- 
 b)    Initial notification          Initial notification 
        /Amendment 
      ----------------------------  -------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a)    Name                          Zinc Media Group plc 
      ----------------------------  -------------------------------------- 
 b)    LEI                           21380038V6N4I4P38D74 
      ----------------------------  -------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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            Options over Ordinary Shares 
        financial instrument, 
        type of instrument 
                                      GB00BJVLR251 
        Identification code 
      ----------------------------  -------------------------------------- 
 b)    Nature of the transaction     Grant of Options over Ordinary Shares 
      ----------------------------  -------------------------------------- 
 c)    Price(s) and volume(s)         Price(s)       Volume(s) 
                                       87.50 pence    79,816 
                                                     ---------- 
      ----------------------------  -------------------------------------- 
 d)    Aggregated information        N/A - single transaction 
 
        - Aggregated volume 
 
        - Price 
      ----------------------------  -------------------------------------- 
 e)    Date of the transaction       12 December 2022 
      ----------------------------  -------------------------------------- 
 f)    Place of the transaction      Outside a trading venue 
      ----------------------------  -------------------------------------- 
 

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December 13, 2022 05:58 ET (10:58 GMT)