ITV PLC
16 March 2007
16 March 2007
ITV plc Deferred Share Award Plan (the Plan)
Awards made under the Plan - 15 March 2007
On 15 March 2007 a number of executives and a director of ITV plc were granted
awards over ordinary shares of the Company under the Plan based on the
achievement of performance targets in respect of the period from 1 January 2006
to 31 December 2006. The director of the Company received awards in the form of
nil cost options as set out below, which, under the Rules of the Plan can not
exercised by him until 31 December 2007 (50%) and 31 December 2008 (50%).
Name Number of Shares
John Cresswell 226,301
PDMRs of the Company received awards under the Plan in the form of shares as set
out below, which, under the Rules of the Plan will not be released to them until
31 December 2007 (100%).
Name Number of Shares
Simon Shaps 214,986
Ian McCulloch 185,507
Jeff Henry 199,085
Awards vesting under the Plan - 16 March 2007
On 17 March 2005 and 17 March 2006 a number of executives and directors were
granted awards over ordinary shares of the Company under the Plan based on the
achievement of performance targets. The award made to John Cresswell on 17
March 2006 was in the form of nil cost options
Under the rules of the Plan shares under these awards were released and nil cost
options became exercisable and were exercised on 16 March 2007. On 16 March
2007 the Trustee sold sufficient shares at 105.75p per share to satisfy income
tax and national insurance liabilities and the balance were retained by the
participants.
Details for a director of ITV plc are as follows:
Name Date Shares Shares released Shares sold for Shares retained
Awarded income tax and
NICs
John Cresswell 17 March 2005 34,940 14,326 20,614
17 March 2006 67,297 27,592 39,705
John Cresswell's total holding after the event was 469,402 shares, 0.012% of the
issued share capital of ITV plc.
Details for the PDMRs of ITV plc are as follows:
Name Date Shares Awarded Shares released Shares sold for Shares retained
income tax and NICs
Ian McCulloch 17 March 2005 31,811 13,082 18,729
17 March 2006 66,635 27,361 39,274
Simon Shaps 17 March 2005 77,667 31,918 45,749
17 March 2006 105,096 43,165 61,931
Jeff Henry 17 March 2006 42,534 17,474 25,060
Name of contact and telephone number for enquiries:
Enquiries:
ITV Tel: 020 7843 8000
Brigitte Trafford Communications Director
Georgina Blackburn Head of Investor Relations
Citigate Dewe Rogerson Tel: 020 7638 9571
Simon Rigby
George Cazenove
This information is provided by RNS
The company news service from the London Stock Exchange
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