2nd Jan 2008 16:23
ITV PLC02 January 2008 2 January 2008 ITV plc Deferred Share Award Plan (the Plan) Awards vesting under the Plan - 31 December 2007 On 15 March 2007 and 5 April 2007 a number of executives and directors weregranted awards over ordinary shares of the Company under the Plan based on theachievement of performance targets. The award made to John Cresswell on 15March 2007 was in the form of nil cost options. Under the rules of the Plan, on 31 December 2007 shares under these awards werereleased and nil cost options were exercised. The Trustee sold sufficientshares at 85.77p per share to satisfy income tax, national insurance liabilitiesand associated costs. The balance were retained by the participants. Details for a director of ITV plc are as follows: Name Date nil cost Option Shares sold for Shares retained option Awarded exercised over income tax, NICs & shares associated costs John Cresswell 15 March 2007 113,150 46,486 66,664 John Cresswell's total holding after the event was 536,066, 0.014% of the issuedshare capital of ITV plc. Details for the PDMRs of ITV plc are as follows: Name Date Shares Awarded Shares released Shares sold for Shares retained income tax, NICs & associated costsSimon Shaps 15 March 2007 214,986 88,321 126,665Jeff Henry 15 March 2007 199,085 81,789 117,296 Name of contact and telephone number for enquiries: ITV plcTel: 0844 8818000 Press enquiries: Jim Godfrey - Director of Corporate Affairs Investor enquiries:Pippa Strong - Head of Investor Relations Tulchan CommunicationsTel: 0207 353 4200 Susannah Voyle Website: www.itv.com; investor information: www.itvplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ITV