12th May 2006 15:39
ITV PLC12 May 2006 12 May 2006 Announcement by ITV plc ITV plc Deferred Share Award Plan (the Plan) On 17 March 2005 Charles Allen was granted nil-cost options over ordinary sharesunder the Plan based on the achievement of performance targets. Under therules of the Plan 50% of the options vested and became exercisable on 17 March2006. On 12 May 2006 these options were exercised, the Trustee sold sufficient sharesat 110p per share to satisfy income tax and national insurance liabilities andthe balance were retained by Mr Allen. Details are set out below. Name Shares released Shares sold for Shares retained Total beneficial income tax and holding after event NICs and costs Charles Allen 232,776 95,631 137,145 4,009,379 Name of contact and telephone number for enquiries: Simon Rigby or Anthony Kennaway Citigate Dewe Rogerson Tel: 020 7638 9571 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ITV