3 January 2012
Ian Griffiths - release under ITV plc Deferred Share Award Plan (the "Plan")
Awards are granted over ordinary shares of ITV plc (Shares) under the Plan based on the achievement of performance targets.
On 30 December 2011 an award over 191,862 Shares, made on 26 March 2010 in respect of the 2009 financial year, were released to Ian Griffiths. Tax was settled on grant for the awards made in March 2010 so the Shares were released in full.
Following the event Ian Griffiths' interest in Shares was as follows:
Total holding after the event | Percentage of issued share capital |
640,960 | 0.016 |
Archie Norman - release of share award
Following an award of 1.2m Shares made in March 2010, on 30 December 2011 the second tranche of 400,000 Shares were released to Archie Norman as detailed below.
Date of award | % of award being released | No. of Shares being released | No. of Shares still subject to the award | No. of Shares sold for income tax, NICs & associated costs | No. of Shares retained |
17 March 2010 | 33% | 400,000 | 400,000 | 208,416 | 191,584 |
The Trustee sold sufficient Shares at 66.33 pence per share to satisfy income tax, national insurance liabilities and associated costs. The remaining 400,000 Shares will be released on 31 December 2012.
Following the event Archie Norman's interest in Shares was as follows:
Total holding after the event | Percentage of issued share capital |
971,584 | 0.025 |
Non-executive directors - quarterly share purchase
On 30 December 2011, the non-executive directors of ITV plc acquired the following Shares at a price of 66.15 pence per share under the terms of a Trading Plan as shown below.
Name | Number of Shares acquired | Total holding after event | Percentage of issued share capital |
Mike Clasper | 4,140 | 85,918 | 0.0022 |
Andy Haste | 4,082 | 65,487 | 0.0017 |
Lucy Neville-Rolfe | 2,450 | 14,161 | 0.0004 |
John Ormerod | 3,689 | 109,960 | 0.0028 |
This represents an acquisition of shares under an arrangement by which these non-executive directors agreed to use 25% of their annual fees, after statutory deductions and associated costs, to acquire shares in the company on a quarterly basis.
The Shares will be held in individual nominee accounts, and released to the directors when they step down from the Board of ITV plc.
For further enquiries please contact:
Investor Relations
Ed Steel 020 7157 6560
Media Relations
Mary Fagan 020 7157 3965
Website: www.itv.com; investor information: www.itvplc.com
