Director/PDMR Shareholding

RNS Number : 1879D
ITV PLC
24 June 2019
 

ITV plc ("the Company")

 

Director/PDMR Shareholding

 

24 June 2019

 

On 28 March 2018 the Company made a joining award over 11,277 ordinary shares to Julian Ashworth, a PDMR.  In accordance with the terms of the award the shares were released on 20 June 2019.  The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transaction.

 

For further details, please contact:

 

Investor Relations

 


Pippa Foulds

Faye Dipnarine

 

+44 20 7157 6555 or +44 7778 031091

+44 20 7157 6581

 

Media Relations

 

Paul Moore

Jenny Cummins 

 

 

+44 7860 794444

+44 20 7157 3017

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Julian Ashworth

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

ITV plc

b)

LEI

ZLECI7ED2QMWFGYCXZ59

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 10 pence

 

ISIN: GB0033986497

b)

Nature of the transaction

A release of a restricted share award granted on 28 March 2018 as part of buy-out arrangements on joining ITV, sale of shares to fund income tax and national insurance liability.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Acquisition of shares on vesting of award

Nil

11,277

Sale of shares to satisfy income tax and NIC liability

107.5p

5,301

d)

Aggregated information

-

Aggregated volume

-

Price

Vesting

Volume 11,277

Price GBP Nil

 

Sale

Volume 5,301

Price GBP 107.5p

 

e)

Date of the transaction

20 June 2019

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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