REG - Legal & General Grp - Director/PDMR Shareholding <Origin Href="QuoteRef">LGEN.L</Origin>

Legal & GeneralAnnouncement

24/04/2017 17:35

RNS Number : 1758D
Legal & General Group Plc
24 April 2017
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
On 21 April 2017 the Company received notification that restricted shares awarded on 15 April 2014 had vested on 15 April 2017 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Directors and PDMRs named below. 
Name
Director/ PDMR
Number of shares awarded on 15 April 2014
Number of shares vested on 15 April 2017
Shares sold to cover tax and social security at a share price of 251.6p
Shares retained by individual
Nigel Wilson
Director
140,565
140,565
66,066
74,499
Kerrigan Procter
Director
85,106
85,106
40,000
45,106
Mark Zinkula
Director
136,186
136,186
64,485
71,701
Bernard Hickman
PDMR
3,428
3,428
1,612
1,816
Paul Stanworth
PDMR
56,737
56,737
26,667
30,070
The following notification made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nigel Wilson
2
Reason for the notification
a)
Position/status
Group Chief Executive/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/transfer of 140,565 restricted shares awarded under the terms of the SBP.
2. Sale of 66,066 shares to cover tax and social security. The balance of 74,499shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil cost
1. 140,565
2. 2.516
2. 66,066
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 0.00
1. 140,565
1. 0.00



2. Price
2. Volume
2. Total
2. 2.516
2. 66,066
2. 166,222.06
e)
Date of the transaction
15 April 2017
f)
Place of the transaction
London Stock Exchange, XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Kerrigan Procter
2
Reason for the notification
a)
Position/status
Chief Executive Officer, Legal & General Retirement/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/transfer of 85,106 restricted shares awarded under the terms of the SBP.
2. Sale of 40,000shares to cover tax and social security. The balance of 45,106shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil cost
1. 85,106
2. 2.516
2. 40,000
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 0.00
1. 85,106
1. 0.00



2. Price
2. Volume
2. Total
2. 2.516
2. 40,000
2. 100,640.00
e)
Date of the transaction
15 April 2017
f)
Place of the transaction
London Stock Exchange, XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Zinkula
2
Reason for the notification
a)
Position/status
Chief Executive Officer, Legal & General Investment Management Limited/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/transfer of 136,186 restricted shares awarded under the terms of the SBP.
2. Sale of 64,485 shares to cover tax and social security. The balance of 71,701 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. Nil cost
1. 136,186
2. 2.516
2. 64,485
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 0.00
1. 136,186
1. 0.00



2. Price
2. Volume
2. Total
2. 2.516
2. 64,485
2. 162,244.26
e)
Date of the transaction
15 April 2017
f)
Place of the transaction
London Stock Exchange, XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Bernard Hickman
2
Reason for the notification
a)
Position/status
Chief Executive Officer, Legal & General Insurance/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/transfer of 3,428 restricted shares awarded under the terms of the SBP.
2. Sale of 1,612 shares to cover tax and social security. The balance of 1,816 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. Nil cost
1. 3,428
2. 2.516
2. 1,612
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 0.00
1. 3,428
1. 0.00



2. Price
2. Volume
2. Total
2. 2.516
2. 1,612
2. 4,055.79
e)
Date of the transaction
15 April 2017 
f)
Place of the transaction
London Stock Exchange, XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul Stanworth
2
Reason for the notification
a)
Position/status
Managing Director, Legal & General Capital/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/transfer of 56,737 restricted shares awarded under the terms of the SBP.
2. Sale of 26,667 shares to cover tax and social security. The balance of 30,070 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. Nil cost
1. 56,737
2. 2.516
3. 26,667
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 0.00
1. 56,737
1. 0.00



2. Price
2. Volume
2. Total
2. 2.516
2. 26,667
2. 67,094.17
e)
Date of the transaction
15 April 2017
f)
Place of the transaction
London Stock Exchange, XLON
24 April 2017
Helen Baker
Deputy Company Secretary
Legal & General Group Plc
Tel: 020 3124 2139

This information is provided by RNS
The company news service from the London Stock Exchange
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