STV GROUP PLC

Transaction in Own Shares • Apr 9, 2025

National Storage Mechanism | Additional information

RNS Number : 3685E

STV Group PLC

09 April 2025

STV Group plc

LEI: 21380075GOOTTBDNDJ58

9 April 2025

Director shareholding

The following share awards were granted today, 9 April 2025, at a price of 153.5 pence per ordinary share (the closing share price on 8 April 2025):

​

2025 Long-term Incentive Plan

A total of 1,296,057 conditional nil cost share awards of 50p each were granted under the STV Group plc Long-Term Incentive Plan ("LTIP").  This plan was approved by shareholders on 1 May 2024. These were awarded to a total of eight employees, including two executive directors as follows:

Rufus Radcliffe, Chief Executive	420,195 shares
Lindsay Dixon, Chief Financial & Operating Officer	285,179 shares

This plan will vest in three years subject to the continued employment of the participants and the satisfaction of performance conditions and will be released following a further holding period of two years from the vesting date.

​

2024 Deferred Bonus Plan

A total of 101,504 ordinary shares were granted to a total of five employees who are participants in the 2024 Deferred Bonus Plan, including one executive director as detailed below. Rufus Radcliffe was eligible to receive a pro-rated bonus under this plan but decided to forego this in view of his relative short period of service in the role and the Company's focus on continued salary restraint as the 2025 salary award was determined. The shares will be released following a three year holding period:

​

Lindsay Dixon, Chief Financial & Operating Officer	37,501 shares

Finally, in line with the recruitment section of our Remuneration Policy, Rufus Radcliffe has been granted an award of 38,972 shares, 15,377 of which vest immediately and the balance vesting in April 2026.  These are to compensate for the forfeiture of equity awards from his previous employment as a result of joining STV and mirror the value, vesting schedule and performance requirements of the forfeited awards.

Further enquiries:

Eileen Malcolmson, Company Secretary, STV Group plc                   [email protected]

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

DSHEALLNEEFSEFA