REG - Legal & General Grp - Director/PDMR Shareholding

Legal & GeneralAnnouncement

19/04/2018 17:00

RNS Number : 5276L
Legal & General Group Plc
19 April 2018
 

Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
 
On 18 April 2018 the Company received notification that restricted shares awarded on 14 April 2015 had vested on 14 April 2018 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 14 April 2015


Number of shares vested on 14 April 2018


Shares sold to cover tax and social security at a share price of 271.1p


Shares retained by individual




Nigel Wilson


Director


228,989
 


228,989
 


228989


 0
 




Mark Zinkula


Director


157,295


 157,295


74,480
 


 82,815
 




Kerrigan Procter


Director


77,063
 


77,063
 


36,220
 


40,843
 




Laura Mason


PDMR


26,672
 


26,672
 


26,672
 


0
 




Bernard Hickman


PDMR


10,931
 


10,931
 


5,139
 


5,792
 




Cristopher Knight


PDMR


21,474
 


21,474
 


10,093
 


11,381
 




Agius Cheryl


PDMR


1,311
 


1,311
 


1,311
 


 0
 




 
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 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/transfer of 228,989 restricted shares awarded under the terms of the SBP.
2.   Sale of 228,989 shares.




c)
 


Price(s) and volume(s)
 


Price(s)


Volume(s)




1.   Nil cost


1.   228,989




2.   £2.711


2.   228,989




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1. Volume


1.  Total




1.   £0.00


1.  228,989


1.  £0.00


















2.   Price


2.  Volume


2.  Total




2.   £2.711


2.  228,989


2.  620,789.179




e)


Date of the transaction


14 April 2018




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 157,295 restricted shares awarded under the terms of the SBP.
2.   Sale of 74,480 shares




c)
 


Price(s) and volume(s)
 


Price(s)


Volume(s)




1.   Nil cost


1.   157,295




2.   £2.711


2.   74,480




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1. Volume


1.   Total




1.   £0.00


1.  157,295


1.    £0.00


















2.   Price


2.  Volume


2.  Total




2.   £2.711


2.  74,480


2.  201,915.280




e)


Date of the transaction


14 April 2018




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 Capital/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 77,063 restricted shares awarded under the terms of the SBP.
2.   Sale of 36,220 shares.




c)
 


Price(s) and volume(s)
 


Price(s)


Volume(s)




1.   Nil cost


1.   77,063




2.   £2.711


2.   36,220




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1. Volume


1.   Total




1.   £0.00


1.  77,063


1.    £0.00


















2.   Price


2.  Volume


2.  Total




2.   £2.711


2.  36,220


2.  98,192.42




e)


Date of the transaction


14 April 2018




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


CEO, LGR Institutional/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 26,672 restricted shares awarded under the terms of the SBP.
2.   Sale of 26,672 shares




c)
 


Price(s) and volume(s)
 


Price(s)


Volume




1.   Nil cost


1.   26,672




2.   £ 2.711


2.   26,672




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1.   Volume


1.   Total




1.   £0.00


1.   26,672


1.   £0.00


















2.   Price


2.   Volume


2.   Total




2.   £ 2.711


2.   26,672


2.   £72,307.792




e)


Date of the transaction


14 April 2018




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 10,931 restricted shares awarded under the terms of the SBP.
2.   Sale of 5,139 shares to cover tax and social security. The balance of 5,792 shares retained.




c)
 


Price(s) and volume(s)
 


Price(s)


Volume(s)




1.   Nil cost


1.   10,931




2.   £2.711


2.   5,139




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1. Volume


1.  Total




1.   £0.00


1.  10,931


1.  £0.00


















2.   Price


2.  Volume


2.  Total




2.   £2.711


2.  5,139


2.  13,931.829




e)


Date of the transaction


14 April 2018




f)


Place of the transaction


London Stock Exchange, XLON




 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Christopher Knight




2


Reason for the notification




a)


Position/status


Chief Executive Officer, Legal & General 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/transfer of 21,474 restricted shares awarded under the terms of the SBP.
2.   Sale of 10,093 shares.




c)
 


Price(s) and volume(s)
 


Price(s)


Volume(s)




1.   Nil cost


1.   21,474




2.   £2.516


2.   10,093




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1. Volume


1.   Total




1.   £0.00


1.  21,474


1.    £0.00


















2.   Price


2.  Volume


2.  Total




2.   £2.711


2.  10,093


2.  27,362.123




e)


Date of the transaction


14 April 2018




f)


Place of the transaction


London Stock Exchange, XLON




 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Cheryl Agius




2


Reason for the notification




a)


Position/status


Chief Executive Officer, General Insurance business/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 1,311 restricted shares awarded under the terms of the SBP.
2.   Sale of 1,311 shares.




c)
 


Price(s) and volume(s)
 


Price(s)


Volume




1.   Nil cost


1.   1,311




2.   £ 2.711


2.   1,311




d)


Aggregated information
-      Aggregated volume
-      Price


1.   Price


1.   Volume


1.   Total




1.   £0.00


1.   1,311


1.   £0.00


















2.   Price


2.   Volume


2.   Total




2.   £ 2.711


2.   1,311


2.   £3,554.121




e)


Date of the transaction


14 April 2018




f)


Place of the transaction


London Stock Exchange, XLON




 
 
19 April 2018
 
Olaitan Popoola
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2108



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