Director/PDMR Shareholding

RNS Number : 1879D

ITV PLC

24 June 2019

 

ITV plc ("the Company")

Director/PDMR Shareholding

24 June 2019

On 28 March 2018 the Company made a joining award over 11,277 ordinary shares to Julian Ashworth, a PDMR.  In accordance with the terms of the award the shares were released on 20 June 2019.  The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transaction.

For further details, please contact:

Investor Relations
Pippa Foulds Faye Dipnarine	[phone] or [phone] [phone]
Media Relations Paul Moore Jenny Cummins	[phone] [phone]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Julian Ashworth
2	Reason for the notification
a)	Position/status	PDMR
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 restricted share award granted on 28 March 2018 as part of buy-out arrangements on joining ITV, sale of shares to fund income tax and national insurance liability.
c)	Price(s) and volume(s)	Price(s) Volume(s) Acquisition of shares on vesting of award Nil 11,277 Sale of shares to satisfy income tax and NIC liability 107.5p 5,301
d)	Aggregated information - Aggregated volume - Price	Vesting Volume 11,277 Price GBP Nil Sale Volume 5,301 Price GBP 107.5p
e)	Date of the transaction	20 June 2019
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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