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:
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Investor Relations
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| Pippa Foulds Faye Dipnarine
| +44 7778 031097 +44 20 7157 6581 |
| Media Relations
Paul Moore Jenny Cummins |
+44 7860 794444 +44 7595 106670
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| 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) |
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| d) | Aggregated information
| Vesting Volume 171,719 Price GBP Nil
Sale Volume 80,708 Price GBP 115.453p
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| e) | Date of the transaction | 2 September 2021 | |||||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |||||||||
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