Director/PDMR Shareholding

RNS Number : 1340T

ITV PLC

01 June 2009

 



1 June 2009

ITV plc

Performance Share Plan (the 'Plan')

In accordance with DTR 3.1.2R, ITV announces that on 1 June 2009 a number of directors and executives of the Company were granted nil cost options over ITV plc ordinary shares of 10p each under the Plan as follows:

Directors of the Company 

Name	Number of nil-cost options awarded
John Cresswell	1,608,392
Ian Griffiths	1,188,812
Rupert Howell	1,101,399

PDMRs of the Company 

Name	Number of nil-cost options awarded
Lee Bartlett	944,056
Carolyn Fairbairn	734,266
Peter Fincham	1,027,973

The options will become exercisable on the third anniversary of the grant of the Award, subject to the achievement of performance conditions.  

75% of the Award may vest subject to the achievement of Total Shareholder Return 'TSR' performance.

25% of the Award may vest subject to the achievement of strategic conditions, split equally between Share of Commercial Impacts and Earnings per Share.  

Any portion of the award that does not vest on the third anniversary of the grant of the Award will lapse.

For further enquiries please contact: 

ITV plc 

Tel: [phone] 

Press enquiries 

Ruth Settle - Director of Corporate Communications 

Louise Evans - Head of Corporate Communications

Investor enquiries 

Christy Swords - Director of Investor Relations 

Pippa Strong - Head of Investor Relations 

Tulchan Communications 

Tel: [phone] 

Andrew Grant 

Susanna Voyle 

Tom Rayner

 

END

 

 

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