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ITV PLC (ITV)

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Wednesday 04 August, 2010

ITV PLC

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: 020 7157 3000

 

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

 

 


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