REG - Legal & General Grp - Director/PDMR Shareholding
10/04/2025 18:15
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RNS Number : 5498E Legal & General Group Plc 10 April 2025
Legal & General Group Plc
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibilities ("PDMRs") and persons closely associated with them
On 9 April 2025, Legal & General Group Plc (the "Company") received
notification that on 8 April 2025 the Directors and PDMRs named below had been
awarded nil cost options over ordinary shares of 2.5p under the terms of
the Performance Share Plan ("PSP"). The performance period in respect of the
PSP awards will end on 31 December 2027. The performance conditions will then
be tested and the vesting percentage confirmed after the announcement of Legal
& General's 2027 annual results in March 2028.
On 9 April 2025, the Company also received notification that on 8 April 2025
the Directors and PDMRs named below were awarded either conditional shares or
restricted shares under the terms of the Share Bonus Plan ("SBP").
This announcement, including the notifications below, is made in accordance
with the requirements of Article 19 of the UK Market Abuse Regulation.
Name Director/ PDMR Number of PSP options Number of SBP Conditional Shares awarded on 8 April 2025 Number of SBP Restricted Shares awarded on
awarded on 8 April 2025
8 April 2025
António Simões Director 1,559,932 315,355 -
Jeff Davies Director 859,254 129,511 -
Eric Adler PDMR 1,031,105 600,000 -
Andrew Kail PDMR 751,847 - 154,488
Laura Mason PDMR 671,292 - 122,155
Katie Worgan PDMR - - 106,666
Chris Knight PDMR 378,071 - 88,888
Geoffrey Timms PDMR 369,479 - 56,888
Emma Hardaker-Jones PDMR 398,264 - 67,555
PSP Awards
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name 1. António Simões
2. Jeff Davies
3. Eric Adler
4. Andrew Kail
5. Laura Mason
6. Chris Knight
7. Geoffrey Timms
8. Emma Hardaker-Jones
2 Reason for the notification
a) Position/status 1. Group Chief Executive Officer/Director
2. Group Chief Financial Officer/Director
3. CEO, Asset Management/PDMR
4. Chief Executive Officer, Institutional Retirement/PDMR
5. CEO, Retail/PDMR
6. Group Chief Risk Officer/PDMR
7. Group General Counsel and Company Secretary/PDMR
8. Chief Transformation & People 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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction PSP options award for the Directors/PDMRs listed in 1a above
c) Price(s) and volume(s) Price(s) Volume
1. Nil 1. 1,559,932
2. Nil 2. 859,254
3. Nil 3. 1,031,105
4. Nil 4. 751,847
5. Nil 5. 671,292
6. Nil 6. 378,071
7. Nil 7. 369,479
8. Nil 8. 398,264
d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 8 April 2025
f) Place of the transaction London Stock Exchange, XLON
SBP Awards (Restricted and Conditional)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name 1. António Simões
2. Jeff Davies
3. Eric Alder
4. Andrew Kail
5. Laura Mason
6. Katie Worgan
7. Chris Knight
8. Geoffrey Timms
9. Emma Hardaker-Jones
2 Reason for the notification
a) Position/status 1. Group Chief Executive Officer/Director
2. Group Chief Financial Officer/Director
3. CEO, Asset Management/PDMR
4. Chief Executive Officer, Institutional Retirement/PDMR
5. CEO, Retail/PDMR
6. Group Chief Operating Officer/PDMR
7. Group Chief Risk Officer/PDMR
8. Group General Counsel and Company Secretary/PDMR
9. Chief Transformation & People 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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction 1. SBP conditional shares award for the Directors and PDMR listed in 1a
above
2. SBP restricted shares award for the PDMRs listed in 1a above
c) Price(s) and volume(s) Price(s) Volume
1. Nil 1. 315,355
2. Nil 2. 129,511
3. Nil 3. 600,000
4. Nil 4. 154,488
5. Nil 5. 122,155
6. Nil 6. 106,666
7. Nil 7. 88,888
8. Nil 8. 56,888
9. Nil 9. 67,555
d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 8 April 2025
f) Place of the transaction London Stock Exchange, XLON
10 April 2025
Leanne Cornish
Group Head of Secretariat and Corporate Governance
Legal & General Group Plc
Tel: 020 3124 4111
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