Business
Grant of options
Grant of options.
About this update from Zoo Digital Group Plc
[{"type":"text","content":"\n RNS Number : 8283C Zoo Digital Group PLC 05 September 2008 \n \nZOO Digital Group plc (the 'Company')\nGrant of options\nThe Board of ZOO Digital Group plc announces that on 4 September 2008 the Board cancelled all previously issued share options and granted in total 2,317,397 options, representing 12.9% of the issued share capital, to its employees, all of which are capable of being exercised at an exercise price of 15 pence per share, of which the following were granted to the following directors: \n \n\n\n\n\nDirector\n\n\nNo. of options granted\n\n\nPercentage of issued share capital\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDr Christopher Honeyborne (Chairman)\n\n\n 30,000 \n\n\n0.17%\n\n\n\n\nDr Stuart Green (Chief Executive Officer)\n\n\n 175,000 \n\n\n0.98%\n\n\n\n\nHelen Gilder (Group Finance Director)\n\n\n 450,000 \n\n\n2.51%\n\n\n\n\nIan Stewart (Non-Executive Director)\n\n\n 30,000 \n\n\n0.17%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal\n\n\n 685,000 \n\n\n3.83%\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  ...