REG - ITV PLC - Director/PDMR Shareholding

ITVAnnouncement

20/12/2019 12:05

RNS Number : 6789X
ITV PLC
20 December 2019
 


ITV plc ("the Company")
 
Director/PDMR Shareholding
 
20 December 2019
 
The Company made joining awards over ordinary shares to the PDMRs detailed below. 
 



PDMR


Date of Award


Awards released under the DSA




Carolyn McCall


28 March 2018


54,293




Kyla Mullins


28 March 2019


24,333




Paul Moore


2 August 2018


16,300



 
Of the 54,293 shares released to her under this restricted share award, Carolyn McCall retained 28,775 shares and sold sufficient shares (25,518) to cover the income tax and national insurance liability.
 
In accordance with the terms of the awards the shares were released on 19 December 2019 and the below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail on the transactions.
 
For further details, please contact:



 
Investor Relations
 








Pippa Foulds  
Faye Dipnarine
 


+44 20 7157 6555 or +44 7778 031097
+44 20 7157 6581




Media Relations
 
Paul Moore
Gavin Cunningham


 
 
+44 7860 794444
+44 20 7157 3032
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Carolyn McCall




2


Reason for the notification




a)


Position/status


Chief Executive




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


ITV plc




b)


LEI


ZLECI7ED2QMWFGYCXZ59




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of 10 pence
 
ISIN: GB0033986497




b)


Nature of the transaction


A release of a restricted share award granted on 28 March 2018 as part of buy-out arrangements on joining ITV. Sale of sufficient shares to fund income tax and national insurance liability.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


54,293




Sale of shares to satisfy income tax and NIC liability


149.96p


25,518








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 54,293
Price GBP Nil
 
Sale
Volume 25,518
Price GBP 149.96p
 




e)


Date of the transaction


19 December 2019




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Kyla Mullins




2


Reason for the notification




a)


Position/status


General Counsel and Company Secretary




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


ITV plc




b)


LEI


ZLECI7ED2QMWFGYCXZ59




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of 10 pence
 
ISIN: GB0033986497




b)


Nature of the transaction


A release of a restricted share award granted on 28 March 2019 as part of buy-out arrangements on joining ITV. Sale of all shares, including to fund income tax and national insurance liability.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


24,333




Sale of all shares, including to satisfy income tax and NIC liability


149.96p


24,333








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 24,333
Price GBP Nil
 
Sale
Volume 24,333
Price GBP 149.96p
 




e)


Date of the transaction


19 December 2019




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Paul Moore




2


Reason for the notification




a)


Position/status


Group Communications and Corporate Affairs Director




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


ITV plc




b)


LEI


ZLECI7ED2QMWFGYCXZ59




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the financial instrument, type of instrument
Identification code


Ordinary shares of 10 pence
 
ISIN: GB0033986497




b)


Nature of the transaction


A release of a restricted share award granted on 2 August 2018 as part of buy-out arrangements on joining ITV. Sale of sufficient shares to fund income tax and national insurance liability.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


16,300




Sale of all shares, including to satisfy income tax and NIC liability


149.96p


7,661








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 16,300
Price GBP Nil
 
Sale
Volume 7,661
Price GBP 149.96p
 




e)


Date of the transaction


19 December 2019




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 
 




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