Director/PDMR Shareholding

RNS Number : 9349N

ITV PLC

26 May 2020

 

ITV plc ("the Company")

Director/PDMR Shareholding

26 May 2020

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The Company made an award over ordinary shares to Rufus Radcliffe, who is a member of the Management Board, under the ITV plc Performance Share Plan ("PSP").  In accordance with the terms of the award, the shares have been released as detailed below. Rufus Radcliffe has elected to retain these released awards as shares, selling sufficient to satisfy income tax and NIC liability. 

Released on 21 May 2020:

PDMR	Date of Award	PSP Awards Released	Total shares retained (post tax and NIC)
Rufus Radcliffe	11 April 2017	17,545	9,298

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail on the transactions.

For further details, please contact:

Investor Relations
Pippa Foulds   Faye Dipnarine	[phone] or [phone] [phone]
Media Relations Paul Moore Grant Cunningham	[phone] [phone]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rufus Radcliffe
2	Reason for the notification
a)	Position/status	Chief Marketing Officer & Director of Direct to Consumer
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 27 March 2015 under the ITV plc Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Acquisition of shares on vesting of award Nil 9,298 Sale of shares to satisfy income tax and NIC liability 74.8413p 8,247
d)	Aggregated information - Aggregated volume - Price	Vesting Volume 17,545 Price GBP Nil Sale Volume 8,247 Price GBP 74.8413p
e)	Date of the transaction	21 May 2020
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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