9th Mar 2016 11:27
LONDON (Alliance News) - Broadcaster ITV PLC Wednesday said incoming Chairman Peter Bazalgette bought 150,430 shares at a price of 231.5 pence per share on Tuesday.
After the purchase, he holds 164,115 shares.
Bazalgette will replace incumbent Archie Norman on May 12 and has been a non-executive director of ITV since June 2013. He is currently the chair of Arts Council England, a position he will hold until January 2017. He also is president of the Royal Television Society.
Bazalgette is the former chairman of television producer Endemol UK and is credited with the creation of a number of formats, including reality show Big Brother.
The stock was flat at 229.94p Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
ITV