Information  X 
Enter a valid email address

ITV PLC (ITV)

  Print      Mail a friend       Annual reports

Tuesday 03 January, 2012

ITV PLC

Director/PDMR Shareholding

RNS Number : 9292U
ITV PLC
03 January 2012
 



3 January 2012

 

 

Ian Griffiths - release under ITV plc Deferred Share Award Plan (the "Plan")

Awards are granted over ordinary shares of ITV plc (Shares) under the Plan based on the achievement of performance targets. 

 

On 30 December 2011 an award over 191,862 Shares, made on 26 March 2010 in respect of the 2009 financial year, were released to Ian Griffiths.   Tax was settled on grant for the awards made in March 2010 so the Shares were released in full.

 

Following the event Ian Griffiths' interest in Shares was as follows:

 

Total holding after the event

Percentage of issued share capital

640,960

0.016

 

Archie Norman - release of share award

Following an award of 1.2m Shares made in March 2010, on 30 December 2011 the second tranche of 400,000 Shares were released to Archie Norman as detailed below. 

 

Date of award

% of award being released

No. of Shares being released

No. of Shares still subject to the award

No. of Shares sold for income tax, NICs & associated costs

No. of Shares retained

17 March 2010

33%

400,000

400,000

208,416

191,584

 

The Trustee sold sufficient Shares at 66.33 pence per share to satisfy income tax, national insurance liabilities and associated costs.  The remaining 400,000 Shares will be released on 31 December 2012.

 

Following the event Archie Norman's interest in Shares was as follows:

 

Total holding after the event

Percentage of issued share capital

971,584

0.025

 

Non-executive directors - quarterly share purchase

On 30 December 2011, the non-executive directors of ITV plc acquired the following Shares at a price of 66.15 pence per share under the terms of a Trading Plan as shown below. 

 

Name

Number of Shares acquired

Total holding after event

 

Percentage of issued share capital

Mike Clasper

4,140

85,918

0.0022

Andy Haste

4,082

65,487

0.0017

Lucy Neville-Rolfe

2,450

14,161

0.0004

John Ormerod

3,689

109,960

0.0028

 

This represents an acquisition of shares under an arrangement by which these non-executive directors agreed to use 25% of their annual fees, after statutory deductions and associated costs, to acquire shares in the company on a quarterly basis. 

 

The Shares will be held in individual nominee accounts, and released to the directors when they step down from the Board of ITV plc.

 

 

For further enquiries please contact:

 

Investor Relations

Ed Steel            020 7157 6560

 

Media Relations

Mary Fagan       020 7157 3965

 

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

 

 


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