Grant of share options to emp

RNS Number : 1721X

Zoo Digital Group PLC

01 December 2010

 



1 December 2010

ZOO Digital Group plc

(the "Company" or "ZOO")

Grant of options

ZOO, the provider of software and software-led services for the filmed entertainment market, is pleased to make the following announcement concerning the granting of options to employees of the Group.

On 1 December 2010 a total of 62,334 options over ordinary shares in the Company of 15p each ("the "Options") were granted to employees. The Options are exercisable at 53.5p per share (being the closing mid-price on the AIM market of the London Stock Exchange plc on 30 November 2010) and are exerciseable as follows:

·         40 per cent. of the Options are exerciseable after 1 December 2011;

·         A further 30 per cent. of the Options are exerciseable after 1 December 2012; and

·         The remaining 30 per cent. of the Options are exerciseable after 1 December 2013.  

None of the Options were granted to directors of the Company. Subsequent to the grant of the Options, the total number of options over ordinary shares of the Company still outstanding is 2,950,033, representing 12.4% of the issued share capital of the Company.

For further enquiries please contact:

ZOO Digital Group plc	0114 241 3700
Stuart Green - Chief Executive Officer
Helen Gilder - Group Finance Director
FinnCap	020 7600 1658
Marc Young / Henrik Persson
Threadneedle Communications	020 7653 9850
Josh Royston / Terry Garrett

About ZOO Digital Group plc:

ZOO Digital Group plc is a provider of creative media repurposing software and related services. ZOO's media collaboration platform consists of web-based systems and an integrated suite of desktop applications that work with printed materials and audio/visual content, adapting these media to different languages, sizes, and technical formats.  ZOO makes this process extremely quick and cost effective and is clearly differentiated in the market.

ZOO's services are built on its proprietary patented software and enable customers to reduce considerably the costs and time to market of regionalised filmed entertainment materials and marketing campaigns across multiple territories and for a wide range of applications and formats, including printed materials, DVD, Blu-ray Disc, video on demand, electronic sell-through and broadcast.  Working closely with language translation partners, ZOO's media collaboration platform transforms computer-based workflows through radical process re-engineering and provides clear differentiation for the company's production, consulting and custom development services. 

ZOO is focused on the worldwide creative media production markets and in particular video production for entertainment applications, with customers including major film studios and other producers and publishers of video-based consumer products.

DVD is a trademark of the DVD Format/Logo Licensing Corporation.  Blu-ray is a trademark of the Blu-ray Disc Association.

 

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