REG - ITV PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">ITV.L</Origin>
RNS Number : 8987IITV PLC30 March 201530 March 2015
ITV plc Deferred Share Award Plan (the "DSA")
On 27 March 2015 certain directors and executives were granted awards over ordinary shares of the Company under the ITV Deferred Share Award Plan ("DSA"). The awards were based on the achievement of performance targets under Annual Bonus arrangements in respect of the period from 1 January 2014 to 31 December 2014.
Directors and PDMRs of the Company received awards as restricted shares as set out below. Under the rules of the DSA the shares will not release until 27 March 2018.
Directors
Name
Total shares awarded
Adam Crozier
197,741
Ian Griffiths
112,186
PDMRs
Name
Total shares awarded
Mary Fagan
14,544
Peter Fincham
85,669
Andrew Garard
44,905
Kevin Lygo
93,894
Simon Pitts
31,228
Kelly Williams
55,764
ITV Long-Term Incentive Plan (the "LTIP")
On 27 March 2015 certain directors and executives were granted awards under the LTIP in the form of nil-cost options over ordinary shares of the Company. The number of options that will become exercisable is subject to the achievement of a financial performance gateway and stretching strategic performance conditions on the third anniversary of the date of grant, 27 March 2018. Any portion of the award that does not meet the performance conditions will lapse. Any portion of the award that meets the performance conditions will then be subject to holding periods.
Directors
Name
Number of
options awarded
Adam Crozier
804,636
Ian Griffiths
491,722
PDMRs
Name
Number of
options awarded
Mary Fagan
98,899
Peter Fincham
335,396
Andrew Garard
225,876
Kevin Lygo
322,496
David Osborn
87,651
Simon Pitts
186,989
Kelly Williams
155,824
For further information please refer to the Remuneration report in the Report and Accounts 2014 now available on the Company's website at www.itvplc.com/investors
For further enquiries please contact:
Investor Relations
Sharjeel Suleman Tel: +44 20 7157 6560 or +44 77 3300 2828
Clara Melia Tel: +44 20 7157 6555 or +44 77 7503 6657
Media Relations
Mary Fagan Tel: +44 20 7157 3965 or +44 77 3678 6448
Mike Large Tel: +44 20 7157 3021 or +44 77 6826 1528
Website: www.itv.com; investor information: www.itvplc.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDRDSSDUFISFISESD
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