Zinc Media grants 24m options

Zinc Media Group has granted options over 24,000,000 ordinary shares to the directors of the company. The options, which have a three-year life, are exercisable at 0.75p per share and vest in stages and quantums subject to the directors’ continued appointment for three years following grant and the achievement of certain performance criteria. As announced in the company’s recent shareholder circular on 28 October all of the previous share options held by each of the directors and senior management are in the process of being cancelled.

At 3:54pm: (LON:ZIN) Zinc Media Group Plc Ord 0.00025p share price was +0.28p at 1.55p

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