Zinc Media Group PLC Tern Television Earnout (1037U)
20 Novembre 2019 - 3:42PM
UK Regulatory
TIDMZIN
RNS Number : 1037U
Zinc Media Group PLC
20 November 2019
20 November 2019
Zinc Media Group plc
("Zinc Media", the "Company" or the "Group")
Further re: Tern Television Earnout
Further to its announcement of 1 November 2019, Zinc Media Group
plc (AIM: ZIN), the leading TV and multimedia content producer,
confirms that as part of the issue of new ordinary shares to the
vendors of Tern Television Limited (the "Vendor Shares"), Harry
Bell, Executive Director of the Company, received 11,462,229 Vendor
Shares. Following the issue of the Vendor Shares, Harry holds a
total of 51,263,032 ordinary shares, equivalent to 3.44 per cent.
of the issued share capital of the Company.
In addition, David Strachan and Gwyneth Hardy received
13,066,888 and 10,405,990 Vendor Shares, respectively, as part of
the issue; as a result of which David now holds 59,792,638 ordinary
shares and Gwyneth now holds 47,226,602 ordinary shares, equivalent
to 4.01 per cent. and 3.17 per cent. of the issued share capital of
the Company, respectively.
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Christopher Satterthwaite, Chairman
Mark Browning, CEO
Will Sawyer, CFO
www.zincmedia.com
N+1 Singer (NOMAD and Joint Broker to Zinc Media) +44 (0) 20 7496 3000
Mark Taylor / Lauren Kettle (Corporate Finance)
Mia Gardner (Corporate Broking)
Peterhouse Corporate Finance Limited
(Joint Broker) +44 (0) 20 7469 0932
Martin Lampshire / Duncan Vasey / Eran
Zucker
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Harry Bell
------------------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Executive Director
------------------------------------- ----------------------------------------
b) Initial notification Initial
/Amendment
------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a) Name Zinc Media Group plc
------------------------------------- ----------------------------------------
b) LEI 21380038V6N4I4P38D74
------------------------------------- ----------------------------------------
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 Ordinary shares of 0.00025 pence each
financial instrument,
type of instrument
GB00BX7RGN99
Identification code
------------------------------------- ----------------------------------------
b) Nature of the transaction Issue of ordinary shares
------------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price Volume
------------------------------------- ----------------- ---------------------
0.3005p 11,462,229
------------------------------------------ ----------------- ---------------------
d) Aggregated information N/A
- Aggregated volume
- Price
------------------------------------- ----------------------------------------
e) Date of the transaction 1 November 2019
------------------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------- ----------------------------------------
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
FURLLFVSLTLIFIA
(END) Dow Jones Newswires
November 20, 2019 09:42 ET (14:42 GMT)
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