REG - Legal & General Grp - Director/PDMR Shareholding
RNS Number : 2021VLegal & General Group Plc12 April 2021Legal & 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 19.1 and 19.3 of the Market Abuse Regulation ("MAR") relates to the vesting of Restricted Shares awarded on 21 April 2016. These shares vested on 18 March 2021 and were released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Director and PDMR 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.
Number of shares awarded on 21 April 2016
Number of Restricted Shares Vested
12,340
10,453
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Simon Gadd
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
GB0005603997b)
Nature of transaction
Vesting of 10,453 shares
c)
Price(s) and volume(s)
Price(s)
Volume
£0.00
10,453
d)
Aggregated information
- Aggregated volume
- Price
N/A (Single Transaction)
e)
Date of the transaction
18 March 2021
f)
Place of the transaction
London Stock Exchange, XLON
12 April 2021
Leanne Cornish
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
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