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(Sharecast News) - ITV revealed on Monday that chief financial officer Chris Kennedy had disposed of 80,708 ordinary shares in the FTSE 250-listed media company.
Kennedy, who joined the firm in February 2019, sold the shares on Thursday at an average price of 115.45p each, for a total value of £93,179.81.
ITV highlighted that Kennedy had been granted joining awards upon his hiring to cover awards forfeited when he left his previous employer, with the sale being made to cover income tax and national insurance liability.
As of 1600 BST, ITV shares were up 2.50% at 117.0p.
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8 Jun 2022 10:57
UK loses court challenge against EU order to recover millions in state aid
BRUSSELS, June 8 (Reuters) - Britain on Wednesday lost its court challenge against an EU order to recover millions of euros from the London Stock Exchange, ITV and other multinationals that benefited from an illegal exemption in a UK tax scheme.
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