Zinc Media Group PLC Director/PDMR Shareholding (5301Z)

TIDMZIN

RNS Number : 5301Z

Zinc Media Group PLC

20 May 2019

Zinc Media Group plc

("Zinc Media" or the "Company")

Director Grant of Options

Zinc Media Group plc, the TV and multimedia content producer, announces that, as agreed in connection with his recent appointment as Chief Executive Officer of the Company, it has granted options over 78,616,352 Ordinary Shares in the capital of the Company (the "Options") to Mark Browning.

Half of the Options vest when Mark has completed three years of employment, which began on 23 April 2019, and the remaining half vest when he has completed four years of employment. The Options, which have a ten year life, are exercisable at 0.318p per share, being the average weighted mid-market price over the 30 days prior to Mark's appointment.

The Options represent Mark's entire holding of securities in the Company.

Zinc Media Group plc [phone]

Peter Bertram, Chairman

Will Sawyer, Chief Financial Officer

www.zincmedia.com

   N+1 Singer (NOMAD and Broker to Zinc Media Group plc)                         [phone] 

Mark Taylor / Lauren Kettle

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                               Mark Browning 
      ---------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                    Chief Executive Officer 
      ---------------------------------  ------------------------------------------ 
 b)    Initial notification               Initial 
        /Amendment 
      ---------------------------------  ------------------------------------------ 
 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                 Options over ordinary shares of 0.00025 
        financial instrument,              pence each 
        type of instrument 
 
        Identification code                GB00BX7RGN99 
      ---------------------------------  ------------------------------------------ 
 b)    Nature of the transaction          Grant of options over ordinary shares 
      ---------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                     Price                 Volume 
      ---------------------------------  -----------------------  ----------------- 
                                              Exercise price 
                                                 of 0.318p            78,616,352 
 --------------------------------------  -----------------------  ----------------- 
 d)    Aggregated information             N/A 
 
        - Aggregated volume 
 
        - Price 
      ---------------------------------  ------------------------------------------ 
 e)    Date of the transaction            17 May 2019 
      ---------------------------------  ------------------------------------------ 
 f)    Place of the transaction           Outside a trading venue 
      ---------------------------------  ------------------------------------------ 
 

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May 20, 2019 03:17 ET (07:17 GMT)