Director/PDMR Shareholding

RNS Number : 5571J
ITV PLC
22 December 2020
 

ITV plc ("the Company")

 

Director/PDMR Shareholding

 

22 December 2020

 

The Company made joining awards over ordinary shares to the PDMRs detailed below. 

 

PDMR

Date of Award

Awards released under the DSA

Kyla Mullins

28 March 2019

50,965

Paul Moore

2 August 2018

26,392

 

In accordance with the terms of the awards the shares were released on 21 December 2020. 

 

Both PDMRs sold sufficient shares to cover the income tax and national insurance liability and retained the balance.

 

The notification below, 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

 

+44 20 7157 6555 or +44 7778 031097

+44 20 7157 6581

Media Relations

 

Paul Moore

Gavin Cunningham

 

 

+44 7860 794444

+44 20 7157 3032

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kyla Mullins

2

Reason for the notification

a)

Position/status

General Counsel and Company Secretary

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 2019 as part of buy-out arrangements on joining ITV. Sale of sufficient 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

50,965

Sale of shares to satisfy income tax and NIC liability

104.3p

23,954

d)

Aggregated information

-

Aggregated volume

-

Price

Vesting

Volume 50,965

Price GBP Nil

 

Sale

Volume 23,954

Price GBP 104.3p

 

e)

Date of the transaction

21 December 2020

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Moore

2

Reason for the notification

a)

Position/status

Group Communications and Corporate Affairs Director

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 2 August 2018 as part of buy-out arrangements on joining ITV. Sale of sufficient 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

26,392

Sale of shares to satisfy income tax and NIC liability

104.3p

12,405

d)

Aggregated information

-

Aggregated volume

-

Price

Vesting

Volume 26,392

Price GBP Nil

 

Sale

Volume 12,405

Price GBP 104.3p

 

e)

Date of the transaction

21 December 2020

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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