Director/PDMR Shareholding

RNS Number : 2067L

ITV PLC

06 January 2009

 



6 January 2008

Awards vesting under the ITV plc Deferred Share Award Plan (the 'Plan')

Awards are granted over ordinary shares of ITV plc under the Plan based on the achievement of performance targets.  On 31 December 2008 awards previously made in respect of the 2006 and 2007 financial years were released to a number of executives and directors as detailed below.

Directors of ITV plc 

Name	Date of award	% of award being released	No. of shares being released	No. of shares still subject to the award	Shares sold for income tax, NICs & associated costs	Shares retained
John Cresswell	15 March 2007	50%	113,151	Nil	46,487	66,664
John Cresswell	14 March 2008	50%	241,491	241,491	99,210	142,281
Michael Grade	14 March 2008	50%	740,352	740,352	304,153	436,199
Rupert Howell	14 March 2008	50%	48,755	48,756	n/a	48,755

The Trustee sold sufficient shares at 40.432p per share on behalf of John Cresswell and Michael Grade to satisfy income tax, national insurance liabilities and associated costs. The balance were retained by the participants.  

Rupert Howell settled the tax and national insurance liabilities separately and has retained all of the shares.

Following the event the directors' interests in ITV plc shares were as follows - 

Name	Total holding after the event	Percentage of issued share capital
John Cresswell	784,660	0.020%
Michael Grade	436,398	0.011%
Rupert Howell	48,755	0.001%

PDMR of ITV plc 

Under the rules of the Plan, on 31 December 2008 100% of the shares awarded to Carolyn Fairbairn in respect of the 2007 financial year were released as follows.

Date Shares Awarded	Shares released	Shares sold for income tax, NICs & associated costs	Shares retained
14 March 2008	153,323	62,989	90,334
11 April 2008	162,797	66,881	95,916

For further enquiries please contact: 

ITV plc 

Tel: [phone] 

Press enquiries 

Ruth Settle - Director of Corporate Communications 

Louise Evans - Head of Press - Financial and Commercial

Investor enquiries 

Christy Swords - Director of Investor Relations 

Pippa Strong - Head of Investor Relations 

Tulchan Communications 

Tel: [phone] 

Andrew Grant 

Susanna Voyle 

Lizzie Morgan 

Website: www.itv.com; investor information: www.itvplc.com 

 

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