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

Legal & GeneralAnnouncement

24/04/2017 17:30

RNS Number : 1771D
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 combined awards granted on 15 April2014had vested on 15 April 2017 and were exercised on 17April 2017 and had been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP) and Legal & General Group 2009 Company Share Option Plan (CSOP), in respect of the Director and PDMR named below. 
Name
Director/ PDMR
Number of shares awarded on 15 April 2014
Number of shares exercised on 17 April 2017
Shares sold to cover tax and social security at a share price of 251.6p
Shares retained by individual
Nigel Wilson
Director
14,184
14,184
5,605
8,579
Bernard Hickman
PDMR
8,983
8,983
3,550
5,433
The following notification made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP and CSOP awards.
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. Exercise of combined SBP and CSOP awards of options over 14,184 shares.
2. Sale of 5,605 shares to cover tax and social security. The balance of 8,579 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. 2.115
1. 14,184
2. 2.516
2. 5,605
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 2.115
1. 14,184
1. 29,999.16



2. Price
2. Volume
2. Total
2. 2.516
2. 5,605
2. 14,102.18
e)
Date of the transaction
17 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. Exercise of combined SBP and CSOP awardsof options over 8,983 shares.
2. Sale of 3,550 shares to cover tax and social security. The balance of 5,433 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. 2.115
1. 8,983
2. 2.516
2. 3,550
d)
Aggregated information
- Aggregated volume
- Price
1. Price
1. Volume
1. Total
1. 2.115
1. 8,983
1. 18,999.05



2. Price
2. Volume
2. Total
2. 2.516
2. 3,550
2. 8,931.80
e)
Date of the transaction
17 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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