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Director/PDMR Shareholding

17 Mar 2023 15:06

RNS Number : 4144T
STV Group PLC
17 March 2023
 

STV Group plc

Director shareholding

17 March 2023

LEI: 21380075GOOTTBDNDJ58

The following share awards were granted today, 17 March 2023, at a price of 252 pence per ordinary share (the closing share price on 16 March 2023):

2023 Long-term Incentive Plan

A total of 609,473 conditional nil cost share awards of 50p each were granted under the STV Group plc Long-Term Incentive Plan ("LTIP"). This plan was approved by shareholders on 29 April 2021. These were awarded to a total of eight employees, including two executive directors as follows:

Simon Pitts, Chief Executive

172,142 shares

Lindsay Dixon, Chief Financial Officer

96,994 shares

 

This plan will vest in three years subject to the continued employment of the participants and the satisfaction of the undernoted performance conditions and will be released following a further holding period of two years from the vesting date:

 

Performance measure

Calibration of targets

Weighting

Threshold vesting

(25% of max)

Maximum vesting

 

Earnings per share growth

Adjusted EPS in FY25

50%

37 pence per share

44 pence per share

Non-broadcast operating profit

Operating profit for non-broadcast activities in FY25

30%

£15.0m

£19.5m

Total shareholder return (TSR)

Ranked position of our share price growth (including dividends) against FTSE Small Cap companies

20%

Median

Upper quartile

2022 Deferred Bonus Plan

A total of 61,637 ordinary shares were granted to a total of seven employees who are participants in the 2022 Deferred Bonus Plan, including two executive directors as detailed below. This plan was approved by shareholders on 29 April 2021. The shares will be released following a three-year holding period:

Simon Pitts, Chief Executive

24,160 shares

Lindsay Dixon, Chief Financial Officer

11,424 shares

Further enquiries:

Eileen Malcolmson, Company Secretary, STV Group plc Eileen.malcolmson@stv.tv

 

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DSHEALDXFLPDEFA
Date   Source Headline
11th Apr 200811:00 amRNSDirector/PDMR Shareholding
4th Apr 200811:03 amRNSHolding(s) in Company
3rd Apr 20087:01 amRNSPreliminary Results
1st Apr 200811:26 amRNSHolding(s) in Company
31st Mar 20082:55 pmRNSHolding(s) in Company
31st Mar 20082:30 pmRNSTotal Voting Rights
31st Mar 20082:28 pmRNSDirector/PDMR Shareholding
27th Mar 200810:36 amRNSAdditional Listing
4th Mar 20083:00 pmRNSNotice of Results
3rd Mar 20083:01 pmRNSTotal Voting Rights
3rd Mar 20082:26 pmRNSDirector/PDMR Shareholding
21st Feb 200810:00 amRNSHolding(s) in Company
7th Feb 200810:25 amRNSHolding(s) in Company
4th Feb 20082:45 pmRNSTotal Voting Rights
4th Feb 20082:44 pmRNSDirector/PDMR Shareholding
8th Jan 20084:32 pmRNSBlocklisting Interim Review
7th Jan 20083:27 pmRNSTotal Voting Rights
7th Jan 20083:23 pmRNSDirector/PDMR Shareholding
7th Jan 200811:58 amRNSHolding(s) in Company
7th Jan 200811:49 amRNSHolding(s) in Company
7th Jan 200811:37 amRNSHolding(s) in Company
7th Jan 200811:31 amRNSHolding(s) in Company
21st Dec 200711:57 amRNSHolding(s) in Company
21st Dec 200711:42 amRNSHolding(s) in Company
21st Dec 200711:25 amRNSDirector/PDMR Shareholding
20th Dec 20073:38 pmRNSHolding(s) in Company
20th Dec 20072:15 pmRNSHolding(s) in Company
20th Dec 200710:28 amRNSTotal Voting Rights
19th Dec 20077:02 amRNSResults of Rights Issue
6th Dec 200710:01 amRNSDirector/PDMR Shareholding
4th Dec 20073:50 pmRNSTotal Voting Rights
4th Dec 20073:49 pmRNSDirector/PDMR Shareholding
4th Dec 20072:44 pmRNSAdditional Listing
3rd Dec 20074:41 pmRNSPrice Monitoring Extension
30th Nov 20077:01 amRNSNew Banking Facility
23rd Nov 200711:14 amRNSResult of EGM
7th Nov 200712:13 pmRNSCirc re: EGM
6th Nov 20077:01 amRNSProposed Rights Issue
1st Nov 20073:11 pmRNSDirector/PDMR Shareholding
1st Nov 20072:56 pmRNSTotal Voting Rights
26th Oct 20075:44 pmRNSHolding(s) in Company
15th Oct 200712:00 pmRNSResult of EGM
5th Oct 20073:01 pmRNSHolding(s) in Company
2nd Oct 20075:21 pmRNSDirector/PDMR Shareholding
2nd Oct 20075:05 pmRNSTotal Voting Rights
2nd Oct 20079:34 amRNSDirector/PDMR Shareholding
2nd Oct 20078:42 amRNSCancellation of Listing CULS
28th Sep 20077:12 amRNSNotice of EGM
28th Sep 20077:05 amRNSInterim Results 2007
26th Sep 200710:30 amRNSHolding(s) in Company

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