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Zinc Media Issues New Shares to Chairman as Part of Remuneration

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Zinc Media Issues New Shares to Chairman as Part of Remuneration

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An update from Zinc Media ( (GB:ZIN) ) is now available.

Zinc Media Group plc has announced the issuance of 57,173 new ordinary shares to Non-Executive Chairman Christopher Satterthwaite as part of his annual remuneration package. These shares, issued in lieu of director fees for the year ending 30 June 2025, are priced at 0.6122 pence each and are expected to commence trading on AIM around 17 June 2025. This issuance will bring the total number of ordinary shares in the company to 24,744,383, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

Spark’s Take on GB:ZIN Stock

According to Spark, TipRanks’ AI Analyst, GB:ZIN is a Neutral.

Zinc Media’s overall stock score is driven by strong corporate events that showcase strategic growth and industry recognition, which are significant positives. However, financial challenges and technical weaknesses weigh down the score. The negative valuation metrics further temper the outlook.

To see Spark’s full report on GB:ZIN stock, click here.

More about Zinc Media

Zinc Media Group plc is a premium television and content creation group known for its award-winning and critically acclaimed television labels, including Atomic, Brook Lapping, Electric Violet, Raw Cut, Rex, Red Sauce, Supercollider, and Tern Television. The company produces programs across various factual genres for UK and international broadcasters. Additionally, Zinc Media Group’s commercial content creation unit comprises The Edge Picture Company, a major UK brand film-making company, and Zinc Audio, which specializes in podcasts and radio production.

Average Trading Volume: 14,971

Technical Sentiment Signal: Sell

Current Market Cap: £17.28M

Learn more about ZIN stock on TipRanks’ Stock Analysis page.

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