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Grant of Option

Grant of Option.

articleZoo Digital Group PlcOctober 7, 20084/company/zoo-digital-group-plc/news/grant-of-option-1
Grant of Option

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[{"type":"text","content":"\n RNS Number : 2481F Zoo Digital Group PLC 07 October 2008  \n \n7 October 2008\nZOO Digital Group plc (the 'Company')\nGrant of options\nThe Board of ZOO Digital Group plc announces that on 7 October 2008 the Board granted a further 817,168 share options to its employees, all of which are capable of being exercised at an exercise price of 15 pence per share. This brings the total in issue to 3,134,565 options, representing 14.7% of the issued share capital. The following were granted to directors: \n\n\n\n\nDirector\n\n\nNo. of options granted\n\n\nTotal options in issue\n\n\nPercentage of issued share capital\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHelen Gilder  (Group Finance Director)\n\n\n   100,000 \n\n\n   550,000\n\n\n2.58%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAll options granted are available to be exercised as follows:\n\n40 per cent. of the options may be exercised following the first anniversary of the date of grant.  \n\nA further 30 per cent. of the option may be exercised following the second anniversary of the date of grant.  \n\nThe final 30 per cent. of the option may be exercised following the third anniversary of the date of grant.  \n\n\nFor further enquiries please contact:\n\nZOO Digital Group plc                                                                                       Tel: 0114 241 3700\nStuart Green - Chief Executive Officer\nHelen Gilder - Group Finance Director\n\nKBC Peel Hunt Ltd                                                             ...

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