REG - Legal & General Grp - Director/PDMR Shareholding
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
On 24 April 2019 the Company received notification that restricted shares awarded on 21 April 2016 had vested on 21 April 2019 and 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 Directors and PDMRs named below.
The following notifications made in accordance with articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP and CSOP awards.
Name
Director/ PDMR
Number of shares awarded on 21 April 2016
Number of shares vested on 21 April 2019
Shares sold at a share price of £2.912
Shares retained by individual
Nigel Wilson
Director
271,950
271,950
271,950
0
Mark Zinkula
Director
224,141
224,141
224,141
0
Cheryl Agius
PDMR
10,798
10,798
10,798
0
Cheryl Agius
PDMR
8,741
8,741
8741
0
Stephen Licence
PDMR
12,340
12,340
12,340
0
Stephen Licence
PDMR
6,068
6,068
6,068
0
Bernard Hickman
PDMR
23,138
23,138
23,138
0
John Godfrey
PDMR
13,883
13,883
6,526
7,357
Laura Mason
PDMR
37,535
37,535
17,642
19,893
Kerrigan Procter
Director
98,357
98,357
46,228
52,129
Geoffrey Timms
PDMR
29,566
29,566
13,897
15,669
Christopher Knight
PDMR
26,223
26,223
12,325
13,898
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. Exercise of SBP Award of options over 271,950 shares
2. Sale of 271,950 shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. £0.00
1. 271,950
2. £2.912
2. 271,950
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1. Total
1 £0.00
1 271,950
1 0.00
2 Price
2 Volume
2. Total
2 £2.912
2 271,950
2.£791,918.40
e)
Date of the transaction
21 April 2019
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. Exercise of SBP Award of options over 224,141 shares
2. Sale of 224,141 shares
c)
Price(s) and volume(s)
Price(s)
Volume
1. £0.00
1. 224,141
2. £2.912
2. 224,141
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1 Total
1 £0.00
1 224,141
1 0.00
2 Price
2 Volume
2 Total
2 £2.912
2 224,141
2. £652,698.592
e)
Date of the transaction
21 April 2019
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/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 SBP Award of options over 8,741 shares
2. Sale of 8,741 shares.
3. Exercise of CSOP Award of options over 10,798 options
4. Sale of 10,798 shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. £0.00
1. 8,741
2. £2.912
2. 8,741
3. £2.431
3. 10,798
4. £2.912
4. 10,798
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
3. Total
1 £0.00
1 8,741
1 £0.00
2 Price
2 Volume
4. Total
2 £2.912
2 8,741
2 £25,453.792
3 Price
3 Volume
5. Total
3 £2.431
3 10,798
3 £26,249.938
4 Price
4 Volume
6. Total
4 £2.912
4 10,798
4 £31,443.776
e)
Date of the transaction
21 April 2019
f)
Place of the transaction
London Stock Exchange, XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Stephen Licence
2
Reason for the notification
a)
Position/status
Group Chief Internal Auditor/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 SBP Award of options over 6,068 shares
2. Sale of 6,068 shares.
3. Exercise of CSOP Award of options over 12,340 options
4. Sale of 12,340 shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. £0.00
1. 6,068
2. £2.912
2. 6,068
3. £2.431
3. 12,340
4. £2.912
4. 12,340
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
7. Total
1 £0.00
1 6,068
1 £0.00
2 Price
2 Volume
8. Total
2 £2.912
2 6,068
2 £17,670.016
3 Price
3 Volume
9. Total
3 £2.431
3 12,340
3 £29,998.54
4 Price
4 Volume
10. Total
4 £2.912
4 12,340
4 £35,934.08
e)
Date of the transaction
21 April 2019
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 SBP Award of options over 23,138 shares.
2. Sale of 23,138 shares.
c)
Price(s) and volume(s)
Price(s)
Volume
1. £0.00
1. 23,138
2. £2.912
2. 23,138
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1 Total
1 £0.00
1 23,138
1 £0.00
2 Price
2 Volume
2 Total
2 £2.912
2 23,138
2. £67,377.856
e)
Date of the transaction
21 April 2019
f)
Place of the transaction
London Stock Exchange, XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
John Godfrey
2
Reason for the notification
a)
Position/status
Corporate Affairs Director/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 SBP Award of options over 13,883 shares.
2. Sale of 6,526 shares to cover tax and social security. The balance of 7,357 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. £0.00
1. 13,883
2. £2.912
2. 6,526
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1 Total
1 £0.00
1 13,883
1 £0.00
2 Price
2 Volume
2 Total
2 £2.912
2 6,526
2. £19,003.712
e)
Date of the transaction
21 April 2019
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, Legal & General Retirement, 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. Exercise of SBP Award of options over 37,535 shares
2. Sale of 17,642 shares to cover tax and social security. The balance of 19,893 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. £0.00
1. 37,535
2. £2.912
1. 17,642
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1 Total
1 £0.00
1 37,535
1 0.00
2 Price
2 Volume
2 Total
2 £2.912
2 17,642
2 51,373.504
e)
Date of the transaction
21 April 2019
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. Exercise of SBP Award of options over 98,357 shares
2. Sale of 46,228 shares to cover tax and social security. The balance of 52,129 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. £0.00
1. 98,357
2. £2.912
2. 46,228
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1. Total
1 £0.00
1 98,357
1 £0.00
2 Price
2 Volume
2. Total
2 £2.912
2. 46,228
2 £134,615.936
e)
Date of the transaction
21 April 2019
f)
Place of the transaction
London Stock Exchange, XLON
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. Exercise of SBP Award of options over 29,566 shares
2. Sale of 13,897 shares to cover tax and social security. The balance of 15,669 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. £0.00
1. 29,566
2. £2.912
2. 13,897
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1 Total
1 £0.00
1 13,897
1 0.00
2 Price
2 Volume
2 Total
2 £2.912
2 13,897
2 £40,468.064
e)
Date of the transaction
21 April 2019
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, 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. Exercise of SBP Award of options over 26,223 shares
2. Sale of 12,325 shares to cover tax and social security. The balance of 13,898 shares retained.
c)
Price(s) and volume(s)
Price(s)
Volume
1. £0.00
1. 26,223
2. £2.912
2. 12,325
d)
Aggregated information
- Aggregated volume
- Price
1 Price
1 Volume
1 Total
1 £0.00
1 26,223
1 £0.00
2 Price
2 Volume
2 Total
2 £2.912
2 12,325
2 £35,890.40
e)
Date of the transaction
21 April 2019
f)
Place of the transaction
London Stock Exchange, XLON
24 April 2019
Daniella Newson
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHEZLFLKZFZBBQ
Recent news on Legal & General
See all newsREG - Legal & General Grp - Transaction in Own Shares
AnnouncementREG - Legal & General Grp - Director/PDMR Shareholding
AnnouncementREG - Legal & General Grp - Director/PDMR Shareholding
AnnouncementREG - Legal & General Grp - Total Voting Rights
AnnouncementREG - Legal & General Grp - Transaction in Own Shares
Announcement