Business
Director Share Options
Director Share Options.
About this update from Zinc Media Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4055B\n Zinc Media Group PLC\n 10 June 2021\n \n \n \n \n Zinc Media Group plc \n \n \n (\"Zinc\", the \"Group\" or the \"Company\") \n \n \n Director Share Options\n \n \n Zinc Media Group plc (AIM: ZIN), a leading TV and multimedia content producer, \n announces that the Company has issued share options over ordinary shares of 0.125 pence each (\"Ordinary Shares\") in the Company (\"Options\") on 10 June 2021 to Executive Directors and PDMRs of Zinc as follows:\n \n \n \n \n \n Director/Senior Personnel\n \n \n \n \n Total number of Ordinary Shares under Options post grant\n \n \n \n \n \n \n \n Option exercise price\n \n \n \n \n \n \n \n Vesting period\n \n \n \n \n \n \n Mark Browning\n \n \n \n \n 474,230\n \n \n \n \n 0.125p\n \n \n \n \n 3 years ending 9 June 2024\n \n \n \n \n \n \n Will Sawyer\n \n \n \n \n 237,115\n \n \n \n \n 0.125p\n \n \n \n \n 3 years ending 9 June 2024\n \n \n \n \n \n \n Damon Westbury\n \n \n \n \n 79,816\n \n \n \n \n 66.95p\n \n \n \n \n 3 years ending 9 June 2024\n \n \n \n \n \n \n Olly Strous\n \n \n \n \n 79,816\n \n \n \n \n 66.95p\n \n \n \n \n 3 years ending 9 June 2024\n \n \n \n \n \n \n Harry Bell\n \n \n \n \n 18,000\n \n \n \n \n 66.95p\n \n \n \n \n 3 years ending 9 June 2024\n \n \n \n \n \n \n Katie O'Callaghan\n \n \n \n \n 16,000\n \n \n \n \n 66.95p\n \n \n \n \n 3 years ending 9 June 2024\n \n \n \n \n \n \n \n \n Both Mark Browning's and Will Sawyer's awards have been made under an Unapproved Share Option Scheme. The Options were granted under the condition that \n half of the Options granted to each director will vest if the Ordinary Share price is at least £0.60 for a period of 30 consecutive Dealing Days ending on or after \n 9 June 2024\n , and the other half will vest if the share price is at least £0.90 for a period of 30 consecutive Dealing Days ending on or after \n 9 June 2024\n .\n \n \n \n \n \n For the remaining Senior Management and PDMRs receiving Option awards, t\n he Options have been made under the Company's EMI Share Option Plan and under the condition that half of the options\n granted to each individual will vest if the Ordinary Share price is at least 100.425p for a period of 30 consecutive Dealing Days ending on or after 9 June 2024, and the other half will vest non-condition...