12th May 2017 12:08
12 May 2017
ITV plc (the "Company")
ITV Long-Term Incentive Plan (the "LTIP")
On 11 May 2017 a director of the Company, Ian Griffiths, was granted an award under the LTIP in the form of a nil-cost option over 705,730 ordinary shares of the Company.
The number of options that will become exercisable is subject to the achievement of a financial performance gateway and stretching strategic performance conditions on the third anniversary of the date of grant, 11 May 2020.
Any portion of the award that does not meet the performance conditions will lapse. Any portion of the award that meets the performance conditions will then be subject to a holding period.
For further information please refer to the Remuneration report in the Report and Accounts 2016 now available on the Company's website at www.itvplc.com/investors
For further enquiries please contact:
Investor Relations
Pippa Foulds Tel: 020 7157 6555 or 07778 031097
Media Relations
Mary Fagan Tel: 020 7157 3965 or 07736 786448
Mike Large Tel: 020 7157 3021 or 07768 261528
Website: www.itv.com; investor information: www.itvplc.com
Related Shares:
ITV