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ITV PLC (ITV)

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Tuesday 04 January, 2011

ITV PLC

Director/PDMR Shareholding

RNS Number : 8894Y
ITV PLC
04 January 2011
 



ITV plc

4 January 2011

 

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 2010 awards previously made in respect of the 2008 and 2009 financial years were released to a number of executives and directors as detailed below.

 

Directors of ITV plc

 

Name

Date of award

% of award  released

No. of shares  released

No. of shares still subject to the award

Shares sold for income tax, NICs & associated costs

Shares retained

Ian Griffiths

24 April 2009

50%

48,841

0

24,963

23,878


26 March 2010

50%

191,862

191,862

0

191,862

 

The Trustee sold sufficient shares at 71.41 pence per share to satisfy income tax, national insurance costs and associated costs on the award made in April 2009.  

 

Tax was settled on grant for the awards made in March 2010 so the shares were released in full.

 

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

 

Name

Total holding after the event

Percentage of issued share capital

Ian Griffiths

449,098

0.012%

 

PDMRs of ITV plc

 

Name

Date Shares Awarded

Shares released

Andrew Doyle

26 March 2010

69,452

Andrew Garard

26 March 2010

140,678

Carolyn Fairbairn

26 March 2010

217,223

Peter Fincham

26 March 2010

340,316

 

Tax was settled on grant for the awards made in March 2010 so the shares were released in full.

 

 

For further enquiries please contact:

 

ITV plc

Tel: 0207 157 3021

Mike Large - Acting Group Director of Communications

 

Tulchan Communications

Tel: 0207 353 4200

Susanna Voyle

Matthieu Roussellier 

 

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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