Legal & General Grp - Director/PDMR Shareholding
08/04/2026 18:15
RNS Number : 6982Z
Legal & General Group Plc
08 April 2026
Legal & General Group Plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
The following notification made under article 19 of the UK Market Abuse Regulation ("UK MAR") relates to the vesting of restricted shares awarded on 6 April 2023.
These shares vested on 6 April 2026 and were released under the terms of The Legal & General Group Share Bonus Plan ("SBP"), in respect of the Director and PDMRs below.
Under the plan provisions, the default of selling sufficient shares to cover tax liabilities and retention of the remaining shares is applied if no election is received from participants.
| Name | Director/ PDMR | Number of SBP Restricted Shares vested on 6 April 2026 | Shares sold to cover tax at a share price of £2.547 | Shares retained by individual |
| Geoffrey Timms | PDMR | 54,303 | 25,592 | 28,711 |
| Chris Knight | PDMR | 70,150 | 33,060 | 37,090 |
| Gareth Mee | PDMR | 131,004 | 61,739 | 69,265 |
| Laura Mason | PDMR | 128,658 | 60,633 | 68,025 |
| Andrew Kail | Director | 180,384 | 85,011 | 95,373 |
| Maria Alvarez-Scott | PDMR | 65,502 | 30,870 | 34,632 |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Geoffrey Timms | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group General Counsel and Company Secretary/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Legal & General Group Plc | |
| b) | LEI | 213800JH9QQWHLO99821 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.025 each, with voting rights attached GB0005603997 | |
| b) | Nature of transaction | 1. Vesting of SBP (Restricted) Award over54,303shares. 2. Sale of 25,592 shares to cover tax (the balance of28,711 shares retained). | |
| c) | Price(s) and volume(s) | Price(s) | Volume |
| 1. £0.00 | 1. 54,303 | ||
| 2. £2.547 | 2. 25,592 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
| e) | Date of the transaction | 07 April 2026 | |
| f) | Place of the transaction | London Stock Exchange, XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Chris Knight | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Chief Risk Officer/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Legal & General Group Plc | |
| b) | LEI | 213800JH9QQWHLO99821 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.025 each, with voting rights attached GB0005603997 | |
| b) | Nature of transaction | 1. Vesting of SBP (Restricted) Award over 70,150 shares. 2. Sale of 33,060 shares to cover tax (the balance of37,090 shares retained). | |
| c) | Price(s) and volume(s) | Price(s) | Volume |
| 1. £0.00 | 1. 70,150 | ||
| 2. £2.547 | 2. 33,060 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
| e) | Date of the transaction | 07 April 2026 | |
| f) | Place of the transaction | London Stock Exchange, XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Gareth Mee | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer, Institutional Retirement/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Legal & General Group Plc | |
| b) | LEI | 213800JH9QQWHLO99821 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.025 each, with voting rights attached GB0005603997 | |
| b) | Nature of transaction | 1. Vesting of SBP (Restricted) Award over 131,004 shares. 2. Sale of 61,739 shares to cover tax (the balance of 69,265 shares retained). | |
| c) | Price(s) and volume(s) | Price(s) | Volume |
| 1. £0.00 | 1. 131,004 | ||
| 2. £2.547 | 2. 61,739 | ||
| 94d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
| e) | Date of the transaction | 07 April 2026 | |
| f) | Place of the transaction | London Stock Exchange, XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Laura Mason | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer, Retail/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Legal & General Group Plc | |
| b) | LEI | 213800JH9QQWHLO99821 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.025 each, with voting rights attached GB0005603997 | |
| b) | Nature of transaction | 1. Vesting of SBP (Restricted) Award over128,658shares. 2. Sale of60,633shares to cover tax (the balance of68,025 sharesretained). | |
| c) | Price(s) | Volume | |
| 1. £0.00 | 1. 128,658 | ||
| 2. £2.547 | 2. 60,633 | ||
| 94d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
| e) | Date of the transaction | 07 April 2026 | |
| f) | Place of the transaction | London Stock Exchange, XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Andrew Kail | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Chief Financial Officer/Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Legal & General Group Plc | |
| b) | LEI | 213800JH9QQWHLO99821 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.025 each, with voting rights attached GB0005603997 | |
| b) | Nature of transaction | 1. Vesting of SBP (Restricted) Award over180,384shares. 2. Sale of85,011shares to cover tax (the balance of95,373 sharesretained). | |
| c) | Price(s) | Volume | |
| 1. £0.00 | 1. 180,384 | ||
| 2. £2.547 | 2. 85,011 | ||
| 94d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
| e) | Date of the transaction | 07 April 2026 | |
| f) | Place of the transaction | London Stock Exchange, XLON | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Maria Alvarez-Scott | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group General Counsel and Company Secretary Designate/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Legal & General Group Plc | |
| b) | LEI | 213800JH9QQWHLO99821 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.025 each, with voting rights attached GB0005603997 | |
| b) | Nature of transaction | 1. Vesting of SBP (Restricted) Award over65,502shares. 2. Sale of30,870shares to cover tax (the balance of34,632 sharesretained). | |
| c) | Price(s) and volume(s) | Price(s) | Volume |
| 1. £0.00 | 1. 65,502 | ||
| 2. £2.547 | 2. 30,870 | ||
| 94d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
| e) | Date of the transaction | 07 April 2026 | |
| f) | Place of the transaction | London Stock Exchange, XLON | |