Director/PDMR Shareholding

RNS Number : 6258U

ITV PLC

29 March 2023

 

29 March 2023

ITV plc - Share Awards

In accordance with DTR 3.1.2, ITV announces details of the awards under the ITV Executive Share Plan (ESP) and ITV Deferred Share Award Plan (DSA) which were made on 28 March 2023 as set out below.

	DSA awards	ESP awards
	Note a.	Note b.
Julian Bellamy	319,803	584,001
Magnus Brooke	94,020	253,130
Chris Kennedy 1	383,421	998,114
Kevin Lygo	342,342	849,456
Carolyn McCall 1	584,666	1,643,105
Paul Moore	124,233	279,018
Kyla Mullins	198,150	378,074
David Osborn	158,387	318,546
Rufus Radcliffe	191,771	352,868
Ade Rawcliffe	77,127	221,852
Kelly Williams	249,624	619,048

Notes:

a  DSA - These awards were made as restricted shares and the amount awarded was based on the achievement of performance targets under annual bonus arrangements in respect of the period 1 January 2022 to 31 December 2022. Under the rules of the DSA the shares will not release until 28 March 2026.

b.  ESP - The awards are over nil-cost options that will vest and become exercisable on 28 March 2026, subject to the satisfaction of a performance underpin.  Awards to Executive Directors¹ will vest on 28 March 2026 but will be subject to a further two-year holding period and become exercisable from 28 March 2028.  The Remuneration Committee retains full discretion to reduce vesting levels of the awards (including to nil), based on the performance of the Group over the period, taking into account all relevant factors.

The awards are over nil-cost options and were granted using a three-day average share price, which was 81.48 pence.

Further information can be found in the Remuneration report in the Annual Report and Accounts for the year ended 31 December 2022 available on the Company's website at www.itvplc.com/investors/results-centre

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

For further enquiries please contact:

Investor Relations Pippa Foulds   Sarah Comfort [phone] [phone] Media Relations Jenny Cummins [phone]

LEI for ITV plc - ZLECI7ED2QMWFGYCXZ59

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Julian Bellamy
2	Reason for the notification
a)	Position/status	Managing Director, ITV Studios
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 584,001 Award under DSA Nil 319,803
d)	Aggregated information - Aggregated volume - Price	903,804 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Magnus Brooke
2	Reason for the notification
a)	Position/status	Director of Strategy, Policy and Regulatory Affairs
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 253,130 Award under DSA Nil 94,020
d)	Aggregated information - Aggregated volume - Price	347,150 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Chris Kennedy
2	Reason for the notification
a)	Position/status	Group CFO and COO
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 998,114 Award under DSA Nil 383,421
d)	Aggregated information - Aggregated volume - Price	1,381,535 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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, 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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 849,456 Award under DSA Nil 342,342
d)	Aggregated information - Aggregated volume - Price	1,191,798 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Carolyn McCall
2	Reason for the notification
a)	Position/status	Chief Executive
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 1,643,105 Award under DSA Nil 584,666
d)	Aggregated information - Aggregated volume - Price	2,227,771 Nil
e)	Date of the transaction	28 March 2023
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 & 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	An award of shares under the ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 279,018 Award under DSA Nil 124,233
d)	Aggregated information - Aggregated volume - Price	403,251 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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	An award of shares under the ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 378,074 Award under DSA Nil 198,150
d)	Aggregated information - Aggregated volume - Price	576,224 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David Osborn
2	Reason for the notification
a)	Position/status	Chief People Officer
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 318,546 Award under DSA Nil 158,387
d)	Aggregated information - Aggregated volume - Price	476,933 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rufus Radcliffe
2	Reason for the notification
a)	Position/status	Managing Director, Streaming, Interactive and Data
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 352,868 Award under DSA Nil 191,771
d)	Aggregated information - Aggregated volume - Price	544,639 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ade Rawcliffe
2	Reason for the notification
a)	Position/status	Group Director of Diversity and Inclusion
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 221,852 Award under DSA Nil 77,127
d)	Aggregated information - Aggregated volume - Price	298,979 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kelly Williams
2	Reason for the notification
a)	Position/status	Managing Director, Commercial
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 ESP and DSA.
c)	Price(s) and volume(s)	Price(s) Volume(s) Award under ESP Nil 619,048 Award under DSA Nil 249,624
d)	Aggregated information - Aggregated volume - Price	868,672 Nil
e)	Date of the transaction	28 March 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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