AI assistant
ITV PLC — Director's Dealing 2020
Dec 22, 2020
5300_dirs_2020-12-22_64d2f277-4f57-4826-92e1-3eb7bb8728b7.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information ![]()
RNS Number : 5571J
ITV PLC
22 December 2020
ITV plc ("the Company")
Director/PDMR Shareholding
22 December 2020
The Company made joining awards over ordinary shares to the PDMRs detailed below.
| PDMR | Date of Award | Awards released under the DSA |
| Kyla Mullins | 28 March 2019 | 50,965 |
| Paul Moore | 2 August 2018 | 26,392 |
In accordance with the terms of the awards the shares were released on 21 December 2020.
Both PDMRs sold sufficient shares to cover the income tax and national insurance liability and retained the balance.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail on the transactions.
For further details, please contact:
| Investor Relations | |
| Pippa Foulds Faye Dipnarine |
+44 20 7157 6555 or +44 7778 031097 +44 20 7157 6581 |
| Media Relations Paul Moore Gavin Cunningham |
+44 7860 794444 +44 20 7157 3032 |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Kyla Mullins
2
Reason for the notification
a)
Position/status
General Counsel and Company Secretary
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
A release of a restricted share award granted on 28 March 2019 as part of buy-out arrangements on joining ITV. Sale of sufficient 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 | 50,965 |
| Sale of shares to satisfy income tax and NIC liability | 104.3p | 23,954 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Vesting
Volume 50,965
Price GBP Nil
Sale
Volume 23,954
Price GBP 104.3p
e)
Date of the transaction
21 December 2020
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul Moore
2
Reason for the notification
a)
Position/status
Group Communications and Corporate Affairs Director
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
A release of a restricted share award granted on 2 August 2018 as part of buy-out arrangements on joining ITV. Sale of sufficient 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 | 26,392 |
| Sale of shares to satisfy income tax and NIC liability | 104.3p | 12,405 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Vesting
Volume 26,392
Price GBP Nil
Sale
Volume 12,405
Price GBP 104.3p
e)
Date of the transaction
21 December 2020
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 [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHFEFFEEESSEDE