REG - ITV PLC - Director/PDMR Shareholding

ITVAnnouncement

22/12/2020 14:00

RNS Number : 5571J
  
ITV PLC
  
22 December 2020
  
 

ITV plc ("the Company")
 
Director/PDMR Shareholding
 
22 December 2020
 
The Company made joining awards over ordinary shares to the PDMRs detailed below. 
 



PDMR


Date of Award


Awards released under the DSA




Kyla Mullins


28 March 2019


50,965




Paul Moore


2 August 2018


26,392



 
In accordance with the terms of the awards the shares were released on 21 December 2020. 
 
Both PDMRs sold sufficient shares to cover the income tax and national insurance liability and retained the balance.
 
The notification below, 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


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 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


50,965




Sale of shares to satisfy income tax and NIC liability


104.3p


23,954








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 50,965
Price GBP Nil
 
Sale
Volume 23,954
Price GBP 104.3p
 




e)


Date of the transaction


21 December 2020




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


26,392




Sale of shares to satisfy income tax and NIC liability


104.3p


12,405








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 26,392
Price GBP Nil
 
Sale
Volume 12,405
Price GBP 104.3p
 




e)


Date of the transaction


21 December 2020




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 
 

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