Zinc Media Group plc
("Zinc", the "Group" or the "Company")
Director Shareholdings
Zinc Media Group plc (AIM: ZIN), the leading TV and multimedia content producer, announces that it has issued, conditional on Admission (as defined below), a total of 237,880 new ordinary shares of 0.125p each in the capital of the Company ("New Ordinary Shares") to Christopher Satterthwaite (Chairman), Mark Browning (CEO) and Will Sawyer (CFO) as a part of their respective annual remuneration packages.
The New Ordinary Shares issued to Christopher Satterthwaite (Non-Executive Chairman) were issued at a price of 66.95 pence per New Ordinary Share in lieu of payment of director fees, as part of Christopher's contractual arrangements with the Group. Mark Browning's and Will Sawyer's awards have been made in lieu of a cash bonus and were issued at a price of 52.5 pence per New Ordinary Share, which is the price at the end of the period to which the bonus related.
Following the issue of the New Ordinary Shares, the directors' shareholdings are as follows:
|
Director |
Number of Ordinary Shares held prior to the issue of New Ordinary Shares |
% of ISC |
New Ordinary Shares to be issued |
Number of Ordinary Shares held post issue of New Ordinary Shares |
% of ISC |
|
Christopher Satterthwaite |
80,555 |
0.50% |
44,809 |
125,364 |
0.77% |
|
Mark Browning |
58,333 |
0.37% |
136,285 |
194,618 |
1.20% |
|
Will Sawyer |
17,352 |
0.11% |
56,786 |
74,138 |
0.46% |
Application will be 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 11 June 2021 ("Admission"). Following Admission, the Company will have a total of 16,200,919 ordinary shares of 0.125p each in issue. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Mark Browning, CEO / Will Sawyer, CFO
www.zincmedia.com
N+1 Singer (NOMAD and Joint Broker to Zinc Media) +44 (0) 20 7496 3000
Mark Taylor / Kailey Aliyar / Sebastian Burke
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 Blakeway, Brook Lapping, Films of Record, Red Sauce, Supercollider and Tern Television 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 partners.
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 |
10 June 2021 |
||||
|
f) |
Place of the transaction |
Off-market transaction |
||||
|
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 /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 |
10 June 2021 |
||||
|
f) |
Place of the transaction |
Off-market transaction |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Will Sawyer |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
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 |
10 June 2021 |
||||
|
f) |
Place of the transaction |
Off-market transaction |
||||
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