Director/PDMR Shareholding

RNS Number : 4274E

ITV PLC

05 November 2020

 

5 November 2020

ITV plc - Share Awards

Following the appointment of Kevin Lygo as Managing Director of ITV's new Media and Entertainment division, ITV announces details of a one-off award made to him, on 5 November 2020. 

The award over 879,689 ITV shares under the ITV Deferred Share Award Plan (DSA) was calculated using the average share price on the 30-days preceding the award date of 73.45 p.  The award is over restricted shares and will release on 5 November 2023 conditional on continued employment with the ITV Group until that time and the individual remaining in good standing at that time.  

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

For further enquiries please contact:

Investor Relations Pippa Foulds Faye Dipnarine Media Relations Paul Moore Grant Cunningham

[phone] [phone] [phone] [phone]

LEI for ITV plc - ZLECI7ED2QMWFGYCXZ59

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kevin Lygo
2	Reason for the notification
a)	Position/status	Managing Director, ITV Media and Entertainment
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	An award of shares under the DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under DSA Nil 879,689
d)	Aggregated information - Aggregated volume - Price	879,689 Nil
e)	Date of the transaction	5 November 2020
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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