Transaction in Own Shares

ITV PLC

05 June 2024

 

ITV PLC

TRANSACTIONS IN OWN SECURITIES

05 June 2024

ITV plc ("ITV" or the "Company") today announces that it has purchased the following number of its ordinary shares of 10 pence each from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 2 May 2024 (the "Purchase"). The Purchase was effected pursuant to the share buyback programme announced by ITV on 7 March 2024:

Date of purchase:	05 June 2024
Number of ordinary shares purchased:	1,058,680
Highest price paid per share (pence):	79.50
Lowest price paid per share (pence):	78.35
Volume-weighted average price paid per share (pence):	78.93

ITV intends to hold the purchased shares in treasury.

Following the above transaction, the Company holds 46,858,199 of its ordinary shares in treasury and has 4,005,550,995 ordinary shares in issue (excluding treasury shares).

Therefore, the total number of voting rights in the Company will be 4,005,550,995 and this figure may be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, ITV under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Since the commencement of the share buyback programme announced on 7 March 2024, the Company has repurchased 46,858,199 ordinary shares in aggregate at a weighted average price of 72.41 pence per share.

A full breakdown of the individual trades can be found here http://www.rns-pdf.londonstockexchange.com/rns/3014R_1-2024-6-5.pdf.

The Company notes that in its announcements in respect of transactions in own shares made from 8 May 2024 to 4 June 2024, the number of ordinary shares in treasury, number of ordinary shares in issue (excluding treasury shares) and the total number of voting rights in the Company were erroneously stated. The number of ordinary shares in treasury should have been reduced by an amount of 8,500,000 shares. The number of ordinary shares in issue (excluding treasury shares) and the total number of voting rights in the Company should have been increased by an amount of 8,500,000 shares.

 

END