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1 Apr 2020 10:35
ITV plc ("the Company")
Director/PDMR Shareholding
1 April 2020
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
The Company made awards over ordinary shares to PDMRs, who are members of the Management Board, under the ITV plc Long-Term Incentive Plan ("LTIP"), ITV plc Performance Share Plan ("PSP") and the ITV plc Deferred Share Award Plan ("DSA"). In accordance with the terms of the awards, the shares have been released as detailed below. The PDMRs have all elected to retain these released awards as shares, selling sufficient to satisfy income tax and NIC liability.
Released on 27 March 2020:
PDMR | Date of Award | LTIP Awards Released | Total shares retained (post tax and NIC)
|
Kevin Lygo | 27 March 2015 | 101,586 | 53,840 |
Released on 30 March 2020:
PDMR | Date of Award | DSA Awards Released | PSP Awards Released | Total DSA and PSP shares retained (post tax and NIC)
|
Kevin Lygo | 28 March 2017 | 99,905 | 359,700 | 243,590 |
Julian Bellamy | 28 March 2017 | 85,067 | 329,725 | 219,839 |
David Osborn | 28 March 2017 | 26,291 | 179,851 | 109,255 |
Kelly Williams | 28 March 2017 | 53,896 | 245,796 | 158,836 |
Rufus Radcliffe | 28 March 2017 | 15,211 | 101,741 | 61,984 |
Mark Smith | 28 March 2017 | 18,374 | 51,208 | 36,878 |
Kyla Mullins | 28 March 2019 (buy out award) | - | 413,118 | 218,952 |
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 Faye Dipnarine
| +44 20 7157 6555 or +44 7778 031097 +44 20 7157 6581 |
Media Relations
Paul Moore Grant Cunningham |
+44 7860 794444 +44 20 7157 3032 |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Kevin Lygo | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Director of Television | |||||||||
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 | 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) |
| |||||||||
d) | Aggregated information
| Vesting Volume 101,586 Price GBP Nil
Sale Volume 47,746 Price GBP 66.96p
| |||||||||
e) | Date of the transaction | 27.03.2020 | |||||||||
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 | Director of Television | |||||||||
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 | A release of a restricted share awards granted on 28 March 2017 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 459,605 Price GBP Nil
Sale Volume 216,015 Price GBP 63.5832p | |||||||||
e) | Date of the transaction | 30 March 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |||||||||
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 | A release of a restricted share awards granted on 28 March 2017 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 414,792 Price GBP Nil
Sale Volume 194,953 Price GBP 63.5832p
| |||||||||
e) | Date of the transaction | 30.03.2020 | |||||||||
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 | A release of an award over nil-cost options granted on 28 March 2019 as part of buy-out arrangements on joining ITV. Sale of sufficient shares to fund income tax and national insurance liability. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 413,118 Price GBP Nil
Sale Volume 194,166 Price GBP 63.5832p
| |||||||||
e) | Date of the transaction | 30 March 2020 | |||||||||
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 | Group HR 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 | A release of a restricted share awards granted on 28 March 2017 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan.
| |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 206,142 Price GBP Nil
Sale Volume 96,887 Price GBP 63.5832p
| |||||||||
e) | Date of the transaction | 30 March 2020 | |||||||||
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 | A release of a restricted share awards granted on 28 March 2017 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 299,692 Price GBP Nil
Sale Volume 140,856 Price GBP 63.5832p
| |||||||||
e) | Date of the transaction | 30 March 2020 | |||||||||
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 | 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 instrument Identification code | Ordinary shares of 10 pence
ISIN: GB0033986497 | |||||||||
b) | Nature of the transaction | A release of a restricted share awards granted on 28 March 2017 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 116,952 Price GBP Nil
Sale Volume 54,968 Price GBP 63.5832p
| |||||||||
e) | Date of the transaction | 30 March 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Mark Smith | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Group Chief Technology 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 | A release of a restricted share awards granted on 28 March 2017 under the ITV plc Deferred Share Award Plan and the ITV plc Performance Share Plan. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
| Vesting Volume 69,582 Price GBP Nil
Sale Volume 32,704 Price GBP 63.5832p
| |||||||||
e) | Date of the transaction | 30 March 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |||||||||
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