Exercise of Options and Director Dealings

RNS Number : 6411T

Zoo Digital Group PLC

05 July 2018

 

Zoo Digital Group PLC

("ZOO", the "Group" or the "Company")

Exercise of Options

Director Dealings

Total Voting Rights

ZOO Digital Group plc, the provider of localisation and digital distribution services for the global entertainment industry, announces that, on 4 July 2018, Helen Gilder (outgoing CFO of the Company) together with a number of employees exercised a total of 559,866 options over new ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares").

The exercise of options was satisfied by the allotment by the Company of 559,866 new Ordinary Shares.

Helen Gilder and the ZOO Employee Share Trust Limited ("ZEST") subsequently sold a total of 500,000 Ordinary Shares at a price of 115 pence per Ordinary Share, as set out below.

Application has been made to the London Stock Exchange for the 559,866 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on or around 18 July 2018. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 74,343,521. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 74,343,521. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Director / PCA Dealings

On 4 July 2018, Helen Gilder exercised 360,000 options over Ordinary Shares at an exercise price of 15 pence and 49,349 at an exercise price of 15.25p. Following the exercise, she transferred 11,650 Ordinary Shares to her spouse Matthew Gilder for nil cost and subsequently Helen Gilder sold 397,699 Ordinary Shares and Matthew Gilder sold 11,650 Ordinary Shares, both at a price of 115 pence per Ordinary Share. The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the transactions. 

In accordance with instructions from the specific employees for whom ZEST holds Ordinary Shares on trust, on 4 July 2018, ZEST sold 14,333 Ordinary Shares at a price of 115 pence per Ordinary Share and transferred 2,800 Ordinary Shares to an employee at nil cost. In preparation for Helen Gilder's departure, ZEST also transferred 11,868 Ordinary Shares held on trust for her to her at nil cost. ZEST is a wholly-owned subsidiary of ZOO, the purpose of which is to hold Ordinary Shares for the benefit of employees of the Group. Stuart Green and Helen Gilder, directors of the Company, are also trustees of ZEST and are potential beneficiaries of ZEST, they are therefore treated as having an interest in the Ordinary Shares held by ZEST.

Subsequent to the above, Helen Gilder holds 67,887 Ordinary Shares (representing 0.09 per cent. of ZOO's issued share capital) and ZEST holds 234,434 Ordinary Shares (representing 0.32 per cent. of ZOO's issued share capital).

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the transactions.

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:	Helen Gilder
2.	Reason for the notification
a)	Position/status:	Helen Gilder (Former Chief Financial 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:	Exercise of options
c)	Price(s) and volume(s):	Price(s) Volume(s) 15 pence 360,000 15.25 pence 49,349
d)	Aggregated information: ·      Aggregated volume: ·      Price:	360,000 Ordinary Shares of 1 pence each exercised at 15 pence; and 49,349 Ordinary Shares of 1 pence each exercised at a price of 15.25 pence
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Helen Gilder
2.	Reason for the notification
a)	Position/status:	Helen Gilder (Former Chief Financial 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:	Transfer of shares
c)	Price(s) and volume(s):	Price(s) Volume(s) nil 11,650
d)	Aggregated information: ·      Aggregated volume: ·      Price:	11,650 Ordinary Shares at nil cost
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Matthew Gilder
2.	Reason for the notification
a)	Position/status:	PCA with Helen Gilder (Chief Financial 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:	Receipt of transferred Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) nil 11,650
d)	Aggregated information: ·      Aggregated volume: ·      Price:	11,650 ordinary shares at nil cost
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Helen Gilder
2.	Reason for the notification
a)	Position/status:	Helen Gilder (Former Chief Financial 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:	Sale of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 115 pence 397,699
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Matthew Gilder
2.	Reason for the notification
a)	Position/status:	PCA with Helen Gilder (Chief Financial 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:	Sale of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 115 pence 11,650
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	ZOO Employee Share Trust Limited
2.	Reason for the notification
a)	Position/status:	PCA with Stuart Green (Chief Executive Officer) and Helen Gilder (Chief Financial 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:	Transfer of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) nil 11,868
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Helen Gilder
2.	Reason for the notification
a)	Position/status:	Helen Gilder (Former Chief Financial 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:	Receipt of transferred Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) nil 11,868
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	ZOO Employee Share Trust Limited
2.	Reason for the notification
a)	Position/status:	PCA with Stuart Green (Chief Executive Officer) and Helen Gilder (Chief Financial 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:	Sale of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 115 pence 14,333
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	ZOO Employee Share Trust Limited
2.	Reason for the notification
a)	Position/status:	PCA with Stuart Green (Chief Executive Officer) and Helen Gilder (Chief Financial 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:	Transfer of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) nil 2,800
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	04/07/2018
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

Enquiries: Zoo Digital Group PLC Stuart Green, Chief Executive Officer Helen Gilder, Chief Financial Officer 0114 241 3700 finnCap Ltd Henrik Persson / Emily Watts / Max Bullen-Smith - Corporate Finance Camille Gochez - Corporate Broking 0207 220 0500 Alma PR Josh Royston / Caroline Forde/Helena Bogle 020 8004 4218

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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