Regulatory Story
Go to market news section View chart   Order free annual report   Print
Company ITV PLC
TIDM ITV
Headline

Director/PDMR Shareholding

Released 13:32 02-Apr-2013
Number 3457B13

RNS Number : 3457B
ITV PLC
02 April 2013
 



 

2 April 2013

 

ITV plc (the "Company")

 

As disclosed and described in the Remuneration report of the 2012 Report Accounts certain directors and executives of the Company have been granted share awards as set out below.

 

ITV plc Deferred Share Award Plan (the "DSA")

 

On 28 March 2013 awards were made over ordinary shares of the Company under the DSA, based on the achievement of performance targets under Annual Bonus arrangements in respect of the period from 1 January 2012 to 31 December 2012.

 

One third of the Annual Bonus is awarded as restricted shares which will not release until 28 March 2016.  One third is awarded in cash with the balance as a mixture of cash or shares, the share element as a Voluntary Share Award.  Voluntary Share Awards are matched on a 1:1 basis with a Matching award under the Performance Share Plan (see below).

 

Details of the awards are set out below. 

 

Directors of the Company

 

Name

Total shares awarded

Adam Crozier

346,228

Ian Griffiths

175,891

 

PDMRs of the Company

 

Name

Total shares awarded

Andy Doyle

52,498

Mary Fagan

48,744

Peter Fincham

343,292

Andrew Garard

102,096

Fru Hazlitt

176,320

Kevin Lygo

266,670

Simon Pitts

45,928

 

ITV Performance Share Plan (the "PSP")

 

On 28 March 2013 awards were granted as nil-cost options over ordinary shares of the Company under the PSP in the form of a Matching Award.  The options will become exercisable on the third anniversary of date of grant, 28 March 2016, subject to the achievement of performance conditions.   Details of the awards are set out below. 

 

PDMRs of the Company

 

Name

 PSP Award

Mary Fagan

24,372

Peter Fincham

171,646

Andrew Garard

20,419

Fru Hazlitt

35,264

Kevin Lygo

88,890

 

For further information please refer to the Remuneration report in the The Report and Accounts 2012 now available on the Company's website at www.itvplc.com/investors

 

 

For further enquiries please contact: 

 

Investor Relations

 

Pippa Foulds                        020 7157 6555 or 07778 031097

 

Media Relations

 

Mary Fagan                          020 7157 3965 or 07736 786448
Mike Large                            020 7157 3021 or 07768 261528

 

 

Website: www.itv.com; investor information: www.itvplc.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSSSFEEFDSEDL
Close
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

Director/PDMR Shareholding - RNS