Business
Share Incentive Plan
Share Incentive Plan.
About this update from Zoo Digital Group Plc
[{"type":"text","content":"\n RNS Number : 1915Z Zoo Digital Group PLC 17 September 2009 \n \nZOO Digital Group plc\n('ZOO' or 'The Company')\nAwards under the ZOO Digital Group plc Share Incentive Plan\n\nThe Board of ZOO announces that, on 16 September 2009, the trustees of the ZOO Employee Share Trust Limited ('ZEST') transferred 116,550 ordinary shares in the Company to the trustees of the ZOO Digital Group plc, Inland Revenue approved, Share Incentive Plan (the 'SIP'). These shares are intended for appropriation to employees of the ZOO group of companies under the terms of the Plan which is an all-employee scheme as dictated by the Inland Revenue rules. The share transfer includes the award of 4,500 ordinary shares to Helen Gilder, Group Finance Director of the Company. \nThe ordinary shares awarded under the SIP will vest in three years' time; however, beneficiaries are entitled to take their shares out of the SIP sooner if they wish. SIP beneficiaries may withdraw half of the shares after 30 September 2009 and the remainder after 31 March 2010 but they will lose the tax benefits of being within the SIP. \n\nThere has also been an award of a total of 306,000 shares to the US staff which will be held for them in ZEST. \n\nFollowing these awards the shares beneficially owned by the directors are as follows\n\n\n\n\n\n\n\n\nTotal shares owned\n\n\nTotal SIP shares *\n\n\nTotal beneficial shareholding\n\n\n\n\nStuart Green\n\n\n4,179,835\n\n\n1,533\n\n\n4,181,368\n\n\n\n\nHelen Gilder\n\n\n46,843\n\n\n6,168\n\n\n53,011\n\n\n\n\nGordon Doran\n\n\n-\n\n\n333\n\n\n333\n\n\n\n\nChristopher Honeyborne\n\n\n1,333\n\n\n-\n\n\n1,333\n\n\n\n\nIan Stewart\n\n\n1,675,365\n\n\n333\n\n\n1,675,698\n\n\n\n\nJames Livingston **\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\n\n* the total SIP shares held includes an award on 16 October 2007 of 1,200 shares each to Stuart Green and Helen Gilder. It has come to our attention that this award has not previously been announced.\n** James Livingston has a non-beneficial interest in the shares held by Foresight Group.\n\n\nThe ordinary shares referred to above are the ordinary shares of 15p per share.\n\n\n\nFor further enquiries please contact\nZOO Digital Group plc  ...