ITV PLC Director/PDMR Shareholding (1879D)

TIDMITV

RNS Number : 1879D

ITV PLC

24 June 2019

ITV plc ("the Company")

Director/PDMR Shareholding

24 June 2019

On 28 March 2018 the Company made a joining award over 11,277 ordinary shares to Julian Ashworth, a PDMR. In accordance with the terms of the award the shares were released on 20 June 2019. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transaction.

For further details, please contact:

 
 Investor Relations 
 Pippa Foulds          [phone] or +44 7778 
  Faye Dipnarine        031091 
                        [phone] 
 Media Relations 
 
  Paul Moore             [phone] 
  Jenny Cummins          [phone] 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Julian Ashworth 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of 10 pence 
      instrument 
      Identification code                                        ISIN: GB0033986497 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 A release of a restricted share award granted on 28 
                                                                March 2018 as part of buy-out arrangements 
                                                                on joining ITV, sale of shares to fund income tax and 
                                                                national insurance liability. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                                          Price(s)   Volume(s) 
                                                                 Acquisition 
                                                                  of shares on 
                                                                  vesting of 
                                                                  award                Nil        11,277 
                                                                 Sale of shares 
                                                                  to satisfy 
                                                                  income tax 
                                                                  and NIC liability    107.5p     5,301 
                                                                                      ---------  ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Vesting 
                                                                 Volume 11,277 
        -   Price                                                Price GBP Nil 
 
                                                                 Sale 
                                                                 Volume 5,301 
                                                                 Price GBP 107.5p 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   20 June 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
     --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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June 24, 2019 06:00 ET (10:00 GMT)