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ITV PLC (ITV)

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Friday 02 March, 2012

ITV PLC

Director/PDMR Shareholding

RNS Number : 6159Y
ITV PLC
02 March 2012
 



ITV plc (the Company)

 

2 March 2012

 

ITV Performance Share Plan (the PSP)

On 1 March 2012 awards were granted over ordinary shares of the Company under the PSP to a number of directors and senior executives. The options will become exercisable in March 2015 subject to the achievement of a financial performance gateway and stretching strategic performance conditions. Any portion of the award that does not vest will lapse.

 

Directors

 

Name

PSP Award

Adam Crozier

899,347

Ian Griffiths

493,192

 

PDMRs

 

Name

PSP Award

Paul Dale

259,130

Andy Doyle

247,863

Mary Fagan

143,961

Peter Fincham

585,858

Andrew Garard

394,554

Fru Hazlitt

450,660

Kevin Lygo

563,325

Simon Pitts

192,355

 

Sale of ordinary shares

On 29 February 2012 Peter Fincham sold 350,000 ordinary shares in the Company at 86.32p per share.  His remaining holding of ITV plc shares is shown in the table below.

 

ITV Turnaround Plan (the Plan)

Between 2007 and 2008 awards were granted over ordinary shares of the Company under the Plan to a number of directors and senior executives subject to the achievement of TSR and strategic performance conditions.  12.5% of the award has vested and become exercisable.  The balance of the award has now lapsed.

 

On 1 March 2012 exercises by current directors or PDMRs were: 

 

 

Date of award

No. of shares released

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

at 88.3132 per share

 

ITV plc shares still held

% of issued share capital

Ian Griffiths

2 October 2008

 

502,959

262,067

881,852

0.023%

Peter Fincham

12 September 2008

619,990

619,990

812,676

0.021%

 



 

For further enquiries please contact: 

 

Investor Relations

 

Pippa Foulds                 020 7157 6555 or 07778 031097

 

Media Relations

 

Mary Fagan                   020 7157 3965 or 07736 786448
Mike Large                    020 7157 3021 or 07768 261528

Caroline Cook                0207 157 3709 or 07799 071509

 

 

 

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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