ITV PLC Director/PDMR Shareholding (9349N)
26 May 2020 - 8:00PM
UK Regulatory
TIDMITV
RNS Number : 9349N
ITV PLC
26 May 2020
ITV plc ("the Company")
Director/PDMR Shareholding
26 May 2020
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
The Company made an award over ordinary shares to Rufus
Radcliffe, who is a member of the Management Board, under the ITV
plc Performance Share Plan ("PSP"). In accordance with the terms of
the award, the shares have been released as detailed below. Rufus
Radcliffe has elected to retain these released awards as shares,
selling sufficient to satisfy income tax and NIC liability.
Released on 21 May 2020:
PDMR Date of Award PSP Awards Released Total shares retained (post tax and NIC)
Rufus Radcliffe 11 April 2017 17,545 9,298
--------------- -------------------- -----------------------------------------
The below notifications, 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 +44 20 7157 6555 or +44 7778 031097
Faye Dipnarine +44 20 7157 6581
Media Relations
Paul Moore +44 7860 794444
Grant Cunningham +44 20 7157 3032
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Rufus Radcliffe
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Marketing Officer & Director of Direct to
Consumer
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of 10 pence
instrument
Identification code ISIN: GB0033986497
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction A release of a restricted share award granted on 27
March 2015 under the ITV plc Long Term
Incentive Plan.
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition
of shares on
vesting of
award Nil 9,298
Sale of shares
to satisfy
income tax
and NIC liability 74.8413p 8,247
--------- ----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information - Aggregated volume Vesting
Volume 17,545
- Price Price GBP Nil
Sale
Volume 8,247
Price GBP 74.8413p
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 21 May 2020
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, Main Market (XLON)
-------------------------------------------------------- -------------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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