Last checked at 3 Sep 2020 14:00
3 September 2020
ITV plc - Share Award
On 2 September 2020 the Company granted one of its PDMRs, Ade Rawcliffe, an award under the ITV Performance Share Plan (PSP) in the form of 256,515 nil-cost options over ordinary shares of the Company, calculated using the average share price on the 30-days preceding the award date of 61.4p.
The award is subject to achievement of performance conditions over the three-year period to 31 December 2022. It will be exercisable from 2 September 2023 but any portion of the award that does not meet the performance conditions will lapse.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transaction.
For further enquiries please contact:
Investor Relations Pippa Foulds Faye Dipnarine
Media Relations Paul Moore Grant Cunningham |
+44 7778 031097 +44 20 7157 6581
+44 7860 794444 +44 7764 210742 |
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 PSP | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 2 September 2020 | ||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||