REG - ITV PLC - Director/PDMR Shareholding

ITVAnnouncement

01/04/2021 10:05

RNS Number : 2862U
  
ITV PLC
  
01 April 2021
  
 

ITV plc
1 April 2021
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
 
The Company made awards over ordinary shares to PDMRs under the ITV plc Performance Share Plan, the ITV plc Deferred Share Award Plan, and as Buyout awards to replace arrangements forfeited on joining ITV. 
 
In accordance with the terms, these awards have been released.  The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation, and give details of the transactions.
 
For further details, please contact:



 
Investor Relations 
 








Pippa Foulds  
Faye Dipnarine
 


+44 7778 031097 
+44 20 7157 6581




Media Relations
 
Paul Moore
 


 
 
+44 7860 794444 
 



 
LEI for ITV plc - ZLECI7ED2QMWFGYCXZ59
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Magnus Brooke




2


Reason for the notification




a)


Position/status


Director of Policy & Regulatory Affairs




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 share awards granted on 28 March 2018 under the ITV plc Performance Share Plan, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


5,507




Sale of shares to satisfy income tax and NIC liability


122.85p


2,589



 
 




d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 5,507
Price GBP Nil
 
Sale
Volume 2,589
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Julian Bellamy




2


Reason for the notification




a)


Position/status


Managing Director, ITV Studios




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 share awards granted on 28 March 2018 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


123,617




Sale of shares to satisfy income tax and NIC liability


122.85p


58,101








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 123,617
Price GBP Nil
 
Sale
Volume 58,101
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Chris Kennedy




2


Reason for the notification




a)


Position/status


Group CFO




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 buyout award granted on 28 March 2019, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


166,179




Sale of shares to satisfy income tax and NIC liability


122.85p


78,105








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 166,179
Price GBP Nil
 
Sale
Volume 78,105
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



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, 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


A release of share awards granted on 28 March 2018 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


246,084




Sale of shares to satisfy income tax and NIC liability


122.85p


115,661








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 246,084
Price GBP Nil
 
Sale
Volume 115,661
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



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 buyout award granted on 28 March 2018, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


209,049




Sale of shares to satisfy income tax and NIC liability


122.85p


98,254








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 209,049
Price GBP Nil
 
Sale
Volume 98,254
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




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 buyout award granted on 28 March 2019, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


27,856




Sale of shares to satisfy income tax and NIC liability


122.85p


13,093








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 27,856
Price GBP Nil
 
Sale
Volume 13,093
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


David Osborn




2


Reason for the notification




a)


Position/status


Group HR 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 share awards granted on 28 March 2018 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan and a sale of all shares, including to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


83,848




Sale of shares to satisfy income tax and NIC liability


122.85p


39,410








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 83,848
Price GBP Nil
 
Sale
Volume 83,848
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Rufus Radcliffe




2


Reason for the notification




a)


Position/status


Managing Director, On Demand




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 share awards granted on 28 March 2018 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


69,715




Sale of shares to satisfy income tax and NIC liability


122.85p


32,767








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 69,715
Price GBP Nil
 
Sale
Volume 32,767
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Mark Smith




2


Reason for the notification




a)


Position/status


Group Chief Technology Officer




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 share awards granted on 28 March 2018 under the ITV plc Deferred Share Award Plan, and a sale to cover income tax and national insurance liabilities. 




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


37,601




Sale of shares to satisfy income tax and NIC liability


122.85p 


17,673








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 37,601
Price GBP Nil
 
Sale
Volume 17,673
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Kelly Williams




2


Reason for the notification




a)


Position/status


Managing Director, Commercial




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 share awards granted on 28 March 2018 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan, and a sale to cover income tax and national insurance liabilities.




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Acquisition of shares on vesting of award


Nil


150,506




Sale of shares to satisfy income tax and NIC liability


122.85p


70,739








d)


Aggregated information



-


Aggregated volume







-


Price






Vesting
Volume 150,506
Price GBP Nil
 
Sale
Volume 70,739
Price GBP 122.85p
 




e)


Date of the transaction


29 March 2021




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 

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