REG - ITV PLC - Director/PDMR Shareholding

ITVAnnouncement

26/05/2020 11:00

RNS Number : 9349N
  
ITV PLC
  
26 May 2020
  
 

ITV plc ("the Company")
 
Director/PDMR Shareholding
26 May 2020
 
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
 
The Company made an award over ordinary shares to Rufus Radcliffe, who is a member of the Management Board, under the ITV plc Performance Share Plan ("PSP").  In accordance with the terms of the award, the shares have been released as detailed below. Rufus Radcliffe has elected to retain these released awards as shares, selling sufficient to satisfy income tax and NIC liability. 
 
Released on 21 May 2020:
 



PDMR


Date of Award


PSP Awards Released


Total shares retained (post tax and NIC)
 




Rufus Radcliffe


11 April 2017


17,545


9,298



 
 
The below notifications, 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
Grant Cunningham


 
 
+44 7860 794444 
+44 20 7157 3032



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Rufus Radcliffe




2


Reason for the notification




a)


Position/status


Chief Marketing Officer & Director of Direct to Consumer




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 27 March 2015 under the ITV plc Long Term Incentive Plan.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


9,298




Sale of shares to satisfy income tax and NIC liability


74.8413p


8,247



 
 




d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 17,545
Price GBP Nil
 
Sale
Volume 8,247
Price GBP 74.8413p
 




e)


Date of the transaction


21 May 2020




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 


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