Grant of options

RNS Number : 8283C

Zoo Digital Group PLC

05 September 2008

 



ZOO Digital Group plc (the 'Company')

Grant of options

The 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: 

Director	No. of options granted	Percentage of issued share capital
Dr Christopher Honeyborne (Chairman)	30,000	0.17%
Dr Stuart Green (Chief Executive Officer)	175,000	0.98%
Helen Gilder  (Group Finance Director)	450,000	2.51%
Ian Stewart (Non-Executive Director)	30,000	0.17%
Total	685,000	3.83%

All options granted are available to be exercised as follows:

40 per cent. of the Options may be exercised following the first anniversary of the Date of Grant.  

A further 30 per cent. of the Option may be exercised following the second anniversary of the Date of Grant.  

The final 30 per cent. of the Option may be exercised following the third anniversary of the Date of Grant.  

For further enquiries please contact:

ZOO Digital Group plc                                                                                            Tel: [phone]

Stuart Green - Chief Executive Officer

Helen Gilder - Group Finance Director

KBC Peel Hunt Ltd                                                                                                  Tel: [phone]

Richard Kauffer/Daniel Harris

Weber Shandwick Financial                                                                                   Tel: [phone]

Nick Dibden/John Moriarty

 

END

 

 

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