Director/PDMR Shareholding

RNS Number : 5451Q

ITV PLC

04 August 2010

 



ITV plc

4 August 2010

ITV Performance Share Plan (the "PSP")

On 3 August 2010 the following senior executives who are PDMRs of ITV plc were granted nil-cost options over ITV plc ordinary shares under the PSP as follows:

Name	Number of nil-cost options awarded
Fru Hazlitt	755,430
Kevin Lygo	944,287

The options will become exercisable on the third anniversary of the grant of the Award, subject to the achievement of performance conditions. 

75% of the Award may vest subject to the achievement of Total Shareholder Return "TSR" performance.

25% of the Award may vest subject to the achievement of strategic conditions.  

Any portion of the award that does not vest on the third anniversary of the grant of the Award will lapse.

For further enquiries please contact:

ITV plc

Tel: [phone]

Investor enquiries
Pippa Foulds	020 7157 6555 or 07778 031097
Media enquiries
Louise Evans	020 7157 3710 or 07825 680994
Tulchan Communications
Andrew Grant / Susanna Voyle, Tulchan	020 7353 4200

Website: www.itv.com; investor information: www.itvplc.com

 

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