REG - Legal & General Grp - Director/PDMR Shareholding

Legal & GeneralAnnouncement

12/04/2021 17:05

RNS Number : 2021V
  
Legal & General Group Plc
  
12 April 2021
  
 

Legal & 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
 

GB0005603997




b)


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

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHELLFFFZLEBBZ