Director/PDMR Shareholding

RNS Number : 6159Y

ITV PLC

02 March 2012

 



ITV plc (the Company)

2 March 2012

ITV Performance Share Plan (the PSP)

On 1 March 2012 awards were granted over ordinary shares of the Company under the PSP to a number of directors and senior executives. The options will become exercisable in March 2015 subject to the achievement of a financial performance gateway and stretching strategic performance conditions. Any portion of the award that does not vest will lapse.

Directors

Name	PSP Award
Adam Crozier	899,347
Ian Griffiths	493,192

PDMRs

Name	PSP Award
Paul Dale	259,130
Andy Doyle	247,863
Mary Fagan	143,961
Peter Fincham	585,858
Andrew Garard	394,554
Fru Hazlitt	450,660
Kevin Lygo	563,325
Simon Pitts	192,355

Sale of ordinary shares

On 29 February 2012 Peter Fincham sold 350,000 ordinary shares in the Company at 86.32p per share.  His remaining holding of ITV plc shares is shown in the table below.

ITV Turnaround Plan (the Plan)

Between 2007 and 2008 awards were granted over ordinary shares of the Company under the Plan to a number of directors and senior executives subject to the achievement of TSR and strategic performance conditions.  12.5% of the award has vested and become exercisable.  The balance of the award has now lapsed.

On 1 March 2012 exercises by current directors or PDMRs were: 

	Date of award	No. of shares released	Shares sold (including for income tax, NICs & associated costs) at 88.3132 per share	ITV plc shares still held	% of issued share capital
Ian Griffiths	2 October 2008	502,959	262,067	881,852	0.023%
Peter Fincham	12 September 2008	619,990	619,990	812,676	0.021%

For further enquiries please contact: 

Investor Relations

Pippa Foulds                 020 7157 6555 or 07778 031097

Media Relations

Mary Fagan                   020 7157 3965 or 07736 786448
Mike Large                    020 7157 3021 or 07768 261528

Caroline Cook                0207 157 3709 or 07799 071509

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

 

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