UTV MEDIA PLC - Directors' Dealings
April 10 2014 - 6:10AM
PR Newswire (US)
10th April 2014
UTV Media plc
Directors' Dealings
UTV Media plc (the "Company") announces that three directors of the Company
have acquired ordinary shares of 5p each in the Company ("Shares") by
exercising share awards granted to them on 30 March 2011 under the Performance
Share Plan 2006. These share awards vested on 31 March 2014 and were exercised
on 8th April 2014, together with the transfer of the number of Shares
equivalent to the accrued dividend payable on such Shares for the three year
period of such awards. These share awards are over existing Shares in issue
held by Appleby Jersey Trust Limited as trustee of the UTV Media plc Employee
Benefit Trust.
Details of the Shares acquired are as follows:
Director Shares Acquired Number of Shares held Percentage of Shares
held Post-Exercise
Post-Exercise
John McCann 73,408 553,719 0.577%
Norman McKeown 29,292 212,469 0.222%
Scott Taunton 48,593 365,512 0.381%
The Company further announces that on the 8th April 2014 Scott Taunton a
director of the Company disposed of the Shares detailed below in order to meet
tax liabilities arising on the exercise of his award described above:
Director Shares Disposed Number of Shares held Percentage of Shares
held Post-Disposal
Post-Disposal
Scott Taunton 24,297 341,215 0.356%
Since no new Shares are being issued in connection with the above dealings,
there is no change in the total issued share capital of the Company, which
remains at 95,902,528 Shares.
For further information contact:
UTV Media plc
Norman McKeown Company Secretary +44 (0) 28 9026 2188
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