REG - ITV PLC - Director/PDMR Shareholding

ITVAnnouncement

05/11/2020 15:30

RNS Number : 4274E
  
ITV PLC
  
05 November 2020
  
 

 
5 November 2020
 
ITV plc - Share Awards
 
Following the appointment of Kevin Lygo as Managing Director of ITV's new Media and Entertainment division, ITV announces details of a one-off award made to him, on 5 November 2020.  
 
The award over 879,689 ITV shares under the ITV Deferred Share Award Plan (DSA) was calculated using the average share price on the 30-days preceding the award date of 73.45p.  The award is over restricted shares and will release on 5 November 2023 conditional on continued employment with the ITV Group until that time and the individual remaining in good standing at that time.    
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail on the transaction.
 
For further enquiries please contact: 
 




Investor Relations
Pippa Foulds
Faye Dipnarine
 
Media Relations
Paul Moore
Grant Cunningham


 
+44 7778 031097
+44 20 7157 6581
 
 
+44 7860 794444
+44 7764 210742




 
LEI for ITV plc - ZLECI7ED2QMWFGYCXZ59
 
 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Kevin Lygo




2


Reason for the notification




a)


Position/status


Managing Director, ITV Media and Entertainment




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


An award of shares under the DSA. 




c)


Price(s) and volume(s)






 


Price(s)


Volume(s)




 


 


 




Award under DSA


Nil


879,689




 




d)


Aggregated information




-


Aggregated volume




-


Price




 


 




879,689




Nil




 




e)


Date of the transaction


5 November 2020




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 

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