Director/PDMR Shareholding

RNS Number : 3378A

ITV PLC

29 March 2012

 



29 March 2012

ITV plc (the "Company")

As disclosed and described in the Remuneration report of the 2011 Report Accounts certain directors and executives of the Company have been granted share awards as set out below.

ITV plc Deferred Share Award Plan (the "DSA")

On 28 March 2012 awards were made over ordinary shares of the Company under the DSA, based on the achievement of performance targets under Annual Bonus arrangements in respect of the period from 1 January 2011 to 31 December 2011.

One third of the Annual Bonus is awarded as restricted shares which will not release until 28 March 2015.  One third is awarded in cash with the balance as a mixture of cash or shares, the share element as a Voluntary Share Award.  Voluntary Share Awards are matched on a 1:1 basis with a Matching award under the Performance Share Plan (see below).

Details of the awards are set out below. 

Directors of the Company

Name	Total shares awarded
Adam Crozier	715,669
Ian Griffiths	351,610

PDMRs of the Company

Name	Total shares awarded
Paul Dale	70,870
Andy Doyle	105,656
Mary Fagan	64,834
Peter Fincham	370,135
Andrew Garard	158,302
Fru Hazlitt	225,734
Kevin Lygo	385,612
Simon Pitts	39,955

ITV Performance Share Plan (the "PSP")

On 28 March 2012 awards were granted as nil-cost options over ordinary shares of the Company under the PSP in the form of a Matching Award.  The options will become exercisable on the third anniversary of date of grant, 28 March 2015, subject to the achievement of performance conditions.   Details of the awards are set out below. 

Directors of the Company

Name	Total options awarded
Adam Crozier	238,557
Ian Griffiths	117,204

PDMRs of the Company

Name	PSP Award
Andy Doyle	35,219
Mary Fagan	32,417
Peter Fincham	123,379
Andrew Garard	52,768
Fru Hazlitt	45,147
Kevin Lygo	128,538
Simon Pitts	33,387

For further information please refer to the Remuneration report in the The Report and Accounts 2011 now available on the Company's website at www.itvplc.com/investors

For further enquiries please contact: 

Investor Relations

Pippa Foulds                 020 7157 6555 or 07778 031097

Media Relations

Mary Fagan                   020 7157 3965 or 07736 786448
Mike Large                    020 7157 3021 or 07768 261528

Caroline Cook                0207 157 3709 or 07799 071509

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

 

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