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102.00    -0.50 (-0.49%)
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Spread: 2.50 (2.439%)
Market Cap: £46.69m
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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
1st Nov 201711:40 amRNSSharesave Maturity - Director/PDMR Shareholding
1st Nov 20177:00 amRNSTransaction in Own Securities
31st Oct 20177:00 amRNSTransaction in Own Securities
30th Oct 20177:00 amRNSTransaction in Own Securities
24th Oct 20177:00 amRNSTransaction in Own Securities
23rd Oct 20177:00 amRNSTransaction in Own Securities
20th Oct 20177:00 amRNSTransaction in Own Securities
18th Oct 20177:00 amRNSTransaction in Own Securities
13th Oct 20177:00 amRNSTransaction in Own Securities
10th Oct 20175:09 pmRNSGrant of options under Sharesave scheme
10th Oct 20177:00 amRNSTransaction in Own Securities
6th Oct 20177:00 amRNSTransaction in Own Securities
5th Oct 20177:00 amRNSTransaction in Own Securities
3rd Oct 20177:00 amRNSTransaction in Own Securities
28th Sep 20174:24 pmRNSLong-Term Incentive Plan - 2017 Award
27th Sep 20177:00 amRNSTransaction in Own Securities
26th Sep 20177:00 amRNSTransaction in Own Securities
22nd Sep 20178:48 amRNSShare Repurchase Programme
15th Sep 20177:00 amRNSExtension of bank facility
7th Sep 20179:52 amRNSHolding(s) in Company
31st Aug 20177:00 amRNSSTV Group plc Half Year Results 2017
24th Aug 20173:46 pmRNSSTV Productions Secures Drama Series Commission
14th Aug 20179:17 amRNSAppointment of Chief Executive Officer
19th Jul 201711:06 amRNSDirector Declaration
7th Jul 20179:15 amRNSNotice of Results
19th Jun 20179:29 amRNSHolding(s) in Company
2nd Jun 201711:58 amRNSHolding(s) in Company
24th May 20174:35 pmRNSPrice Monitoring Extension
18th May 201710:38 amRNSHolding(s) in Company
26th Apr 201710:26 amRNSDirector/PDMR Shareholding
25th Apr 201712:25 pmRNSResult of AGM
25th Apr 20177:00 amRNSAGM & Q1 Trading & notification of Board changes
10th Apr 20171:30 pmRNSSTV announces launch date for new channel, STV2
29th Mar 20173:58 pmRNSHolding(s) in Company
29th Mar 201711:25 amRNSDirector/PDMR Shareholding
28th Mar 20171:00 pmRNSHolding(s) in Company
23rd Mar 20174:31 pmRNSAnnual Financial Report
14th Mar 20179:15 amRNSDirector Declaration
3rd Mar 20177:00 amRNSSTV Group plc Full Year Results 2016
16th Feb 20179:22 amRNSNotice of Results
4th Jan 20179:56 amRNSAppointment of Joint Corporate Broker
28th Dec 20169:00 amRNSStatement re Airtime Sales Agreement
20th Dec 201611:09 amRNSStatement re Triennial Valuation settlement
2nd Dec 20167:00 amRNSChanges to the Board of STV Group plc
31st Oct 20164:40 pmRNSSecond Price Monitoring Extn
31st Oct 20164:35 pmRNSPrice Monitoring Extension
26th Oct 20169:38 amRNSSTV Productions to make new series of Catchphrase
25th Oct 20165:11 pmRNSHolding(s) in Company
24th Oct 201610:17 amRNSHolding(s) in Company
24th Oct 201610:16 amRNSHolding(s) in Company

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