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ITV PLC (ITV)

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Monday 01 June, 2009

ITV PLC

Director/PDMR Shareholding

RNS Number : 1340T
ITV PLC
01 June 2009
 



1 June 2009



ITV plc

Performance Share Plan (the 'Plan')


In accordance with DTR 3.1.2R, ITV announces that on 1 June 2009 a number of directors and executives of the Company were granted nil cost options over ITV plc ordinary shares of 10p each under the Plan as follows:


Directors of the Company 


Name

Number of nil-cost options awarded


John Cresswell

1,608,392

Ian Griffiths

1,188,812

Rupert Howell

1,101,399


PDMRs of the Company 


Name

Number of nil-cost options awarded


Lee Bartlett

944,056

Carolyn Fairbairn

734,266

Peter Fincham

1,027,973



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, split equally between Share of Commercial Impacts and Earnings per Share.  


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: 020 7156 6000 


Press enquiries 

Ruth Settle - Director of Corporate Communications 

Louise Evans - Head of Corporate Communications


Investor enquiries 

Christy Swords - Director of Investor Relations 

Pippa Strong - Head of Investor Relations 


Tulchan Communications 

Tel: 0207 353 4200 

Andrew Grant 

Susanna Voyle 

Tom Rayner



This information is provided by RNS
The company news service from the London Stock Exchange
 
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