ITV PLC
12 May 2006
12 May 2006
Announcement by ITV plc
ITV plc Deferred Share Award Plan (the Plan)
On 17 March 2005 Charles Allen was granted nil-cost options over ordinary shares
under the Plan based on the achievement of performance targets. Under the
rules of the Plan 50% of the options vested and became exercisable on 17 March
2006.
On 12 May 2006 these options were exercised, the Trustee sold sufficient shares
at 110p per share to satisfy income tax and national insurance liabilities and
the balance were retained by Mr Allen.
Details are set out below.
Name Shares released Shares sold for Shares retained Total beneficial
income tax and holding after event
NICs and costs
Charles Allen 232,776 95,631 137,145 4,009,379
Name of contact and telephone number for enquiries:
Simon Rigby or Anthony Kennaway
Citigate Dewe Rogerson
Tel: 020 7638 9571
This information is provided by RNS
The company news service from the London Stock Exchange
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