ITV PLC — Remuneration Information 2013

Apr 2, 2013

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 3457B

ITV PLC

02 April 2013

2 April 2013

ITV plc (the "Company")

As disclosed and described in the Remuneration report of the 2012 Report Accounts certain directors and executives of the Company have been granted share awards as set out below.

ITV plc Deferred Share Award Plan (the "DSA")

On 28 March 2013 awards were made over ordinary shares of the Company under the DSA, based on the achievement of performance targets under Annual Bonus arrangements in respect of the period from 1 January 2012 to 31 December 2012.

One third of the Annual Bonus is awarded as restricted shares which will not release until 28 March 2016.  One third is awarded in cash with the balance as a mixture of cash or shares, the share element as a Voluntary Share Award.  Voluntary Share Awards are matched on a 1:1 basis with a Matching award under the Performance Share Plan (see below).

Details of the awards are set out below. 

Directors of the Company

Name	Total shares awarded
Adam Crozier	346,228
Ian Griffiths	175,891

PDMRs of the Company

Name	Total shares awarded
Andy Doyle	52,498
Mary Fagan	48,744
Peter Fincham	343,292
Andrew Garard	102,096
Fru Hazlitt	176,320
Kevin Lygo	266,670
Simon Pitts	45,928

ITV Performance Share Plan (the "PSP")

On 28 March 2013 awards were granted as nil-cost options over ordinary shares of the Company under the PSP in the form of a Matching Award.  The options will become exercisable on the third anniversary of date of grant, 28 March 2016, subject to the achievement of performance conditions.   Details of the awards are set out below. 

PDMRs of the Company

Name	PSP Award
Mary Fagan	24,372
Peter Fincham	171,646
Andrew Garard	20,419
Fru Hazlitt	35,264
Kevin Lygo	88,890

For further information please refer to the Remuneration report in the The Report and Accounts 2012 now available on the Company's website at www.itvplc.com/investors

For further enquiries please contact: 

Investor Relations

Pippa Foulds                        020 7157 6555 or 07778 031097

Media Relations

Mary Fagan                          020 7157 3965 or 07736 786448

Mike Large                            020 7157 3021 or 07768 261528

Website: www.itv.com; investor information: www.itvplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSSSSFEEFDSEDL