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Directors Shareholding

6 Jun 2013 16:00

UTV MEDIA PLC - Directors Shareholding

UTV MEDIA PLC - Directors Shareholding

PR Newswire

London, June 6

6th June 2013 UTV Media plc Directors' Dealings UTV Media plc (the "Company") announces that three directors of the Companyhave acquired ordinary shares of 5p each in the Company ("Shares") byexercising share awards granted to them on 30 March 2010 under the PerformanceShare Plan 2006. These share awards vested on 31 March 2013 and were exercisedon 31 May 2013, together with the transfer of the number of Shares equivalentto the accrued dividend payable on such Shares for the three year period ofsuch awards. These share awards are over existing Shares in issue held byAppleby Jersey Trust Limited as trustee of the UTV Media plc Employee BenefitTrust. Details of the Shares acquired are as follows: Director Shares Acquired Number of Shares held Percentage of Shares Post-Exercise held Post-Exercise John McCann 197,587 565,496 0.590% Norman McKeown 71,417 216,362 0.226% Scott Taunton 130,932 384,604 0.401% The Company further announces that on the 5th June 2013 the three directors ofthe Company disposed of the following Shares in order to meet tax liabilitiesarising on the exercise of the awards described above: Director Shares Disposed Number of Shares held Percentage of Shares Post-Disposal held Post-Disposal John McCann 86,000 479,496 0.500% Norman McKeown 34,000 182,362 0.190% Scott Taunton 68,500 316,104 0.330% Since no new Shares are being issued in connection with the above dealings,there is no change in the total issued share capital of the Company, whichremains at 95,902,528 Shares. For further information contact: UTV Media plcOrla McKibbin, Head of Communications +44 (0) 28 9026 2188
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