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ITV PLC (ITV)

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Monday 04 January, 2010

ITV PLC

Director/PDMR Shareholding

RNS Number : 9965E
ITV PLC
04 January 2010
 



4 January 2010


Awards vesting under the ITV plc Deferred Share Award Plan (the "Plan")


Awards are granted over ordinary shares of ITV plc under the Plan based on the achievement of performance targets.  On 31 December 2009 awards previously made in respect of the 2007 and 2008 financial years were released to a number of executives and directors as detailed below.


Directors of ITV plc 


Name

Date of award

% of award being released

No. of shares being released

No. of shares still subject to the award

Shares sold for income taxNICs & associated costs

Shares retained

John Cresswell

14 March 2008

50%

241,491

0

99,212

142,279

John Cresswell

24 April 2009

50%

264,314

264,315

108,588

155,726

Ian Griffiths

2 October 2008

100%

177,515

0

72,932

104,583

Ian Griffiths

24 April 2009

50%

48,840

48,841

20,065

28,775

Rupert Howell

14 March 2008

50%

48,756

0

20,031

28,725

Rupert Howell

24 April 2009

50%

206,855

206,855

84,985

121,870


The Trustee sold sufficient shares at 54.3296p per share on behalf of each director to satisfy income taxnational insurance liabilities and associated costsThe balance were retained by the participants.  


Following the event the directors' interests in ITV plc shares were as follows - 


Name

Total holding after the event

Percentage of issued share capital

John Cresswell

1,260,462

0.032%

Ian Griffiths

233,358

0.006%

Rupert Howell

199,350

0.005%



PDMR of ITV plc 


Under the rules of the Plan, on 31 December 2009 100% of the shares awarded to the following PDMRs in respect of the 2008 financial year were released as follows.


Name

Date Shares Awarded

Shares released

Shares sold (including those sold for income tax, NICs & associated costs)

Shares retained

Lee Bartlett

24 April 2009

444,629

313,648

130,981

Carolyn Fairbairn

24 April 2009

514,113

211,211

302,902

Peter Fincham

24 April 2009

534,492

377,038

157,454



For further enquiries please contact: 

 

ITV plc 

Tel: 020 7157 3000


Press enquiries 

Ruth Settle - Director of Corporate Communications 

Louise Evans - Head of Corporate Communications


Investor enquiries 

Christy Swords - Director of Investor Relations 

Pippa Foulds - Head of Investor Relations 


Tulchan Communications 

Tel: 0207 353 4200 

Andrew Grant 

Susanna Voyle 


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



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