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ITV PLC — Director's Dealing 2021
Sep 6, 2021
5300_dirs_2021-09-06_1ba50959-81df-4862-a664-d76c8fae4428.html
Director's Dealing
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RNS Number : 8360K
ITV PLC
06 September 2021
6 September 2021
ITV plc ("the Company")
Director/PDMR Shareholding
On 28 March 2019 ITV made joining awards to Chris Kennedy, in line with the Remuneration Policy, for awards forfeited when he left his previous employer.
In accordance with the terms of those awards, the shares were released on 2 September 2021.
Chris Kennedy sold sufficient shares to cover the income tax and national insurance liability and has 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 7778 031097 +44 20 7157 6581 |
| Media Relations Paul Moore Jenny Cummins |
+44 7860 794444 +44 7595 106670 |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Chris Kennedy
2
Reason for the notification
a)
Position/status
Group CFO
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 restricted share awards 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 | 171,719 |
| Sale of shares to satisfy income tax and NIC liability | 115.453p | 80,708 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Vesting
Volume 171,719
Price GBP Nil
Sale
Volume 80,708
Price GBP 115.453p
e)
Date of the transaction
2 September 2021
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
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