8th Nov 2018 07:00
Zoo Digital Group PLC
("ZOO", the "Group" or the "Company")
Grant of Options
The Company announces that on 6 November 2018, 250,000 options over ordinary shares of 1.0 pence each in the Company ("Ordinary Shares") were granted to Phillip Blundell, Chief Finance Officer, under the ZOO Digital Group EMI share option scheme ("Options").
An intention to grant options to Phillip Blundell was stated at the time of his appointment (announcement dated 2 July 2018). The Options have an exercise price of 123.50 pence per Ordinary Share and shall vest and become exercisable over the next 3 years in the ratio of 40% in year 1, 30% in year 2 and 30% in year 3, subject to continued employment only.
The Options are equivalent to 0.34 per cent. of the Company's total voting rights. Following this grant of options, the total number of options over Ordinary Shares will be 8,606,518.
The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the transaction.
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: | Phillip Blundell | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Chief Finance Officer | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | ZOO Digital Group plc | ||||
b) | LEI: | 213800377KWAPKN5HX30 | ||||
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 1 pence each
GB00B1FQDL10 | ||||
b) | Nature of the transaction: | Grant of options | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4c) above
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e) | Date of the transaction: | 06/11/2018 | ||||
f) | Place of the transaction: | Off market transaction | ||||
For further enquiries please contact:
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About ZOO Digital Group plc:
ZOO Digital is a provider of services allowing TV and movie content to be subtitled and dubbed in any language and prepared for sale with all major online retailers. ZOO's clients are some of the best-known brands in the world including major Hollywood studios, global broadcasters and independent distributors.
ZOO's point of difference in the marketplace is its development and use of innovative cloud technology. This ensures that content is localised in any language and delivered to all the major online platforms such as Amazon, iTunes, Google and Hulu with reduced time to market, higher quality and lower costs. ZOO's agile, cloud-based business model enables clients to respond to market trends, scale easily with business growth and capitalise on new routes to market in the fast moving and evolving digital industry.
ZOO operates from the entertainment hubs of Los Angeles and London with a development and production centre in Sheffield. Its full-service proposition includes digital distribution, subtitling & captioning, metadata creation & localisation, dubbing, artwork localisation, workflow and asset management.
www.zoodigital.com
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Zoo Digital