REG - Legal & General Grp - Director/PDMR Shareholding
24/04/2025 18:15
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RNS Number : 1104G Legal & General Group Plc 24 April 2025
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 of the UK Market Abuse
Regulation ("UK MAR") relates to the vesting of conditional and restricted
shares awarded on 19 April 2022.
These shares vested on 19 April 2025 and were released under the terms of The
Legal & General Group Share Bonus Plan ("SBP"), in respect of the Director
and PDMRs 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.
Name Director/ PDMR Number of SBP Conditional Shares vested on 19 April 2025 Number of SBP Restricted Shares vested on Shares sold to cover tax at a share price of £2.476 Remaining shares sold at a share price of £2.476 Shares retained
19 April 2025
by individual
Emma Hardaker-Jones PDMR 43,658 20,520 23,138 -
Andrew Kail PDMR 124,136 58,344 65,792 -
Jeff Davies Director 201,707 - 94,803 - 106,904
Geoffrey Timms PDMR 51,011 23,976 - 27,035
Chris Knight PDMR 56,985 26,783 - 30,202
Laura Mason PDMR 128,676 60,478 - 68,198
SBP Awards (Restricted and Conditional)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Emma Hardaker-Jones
2 Reason for the notification
a) Position/status 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. Vesting of SBP (Restricted) Award over 43,658 shares.
2. Sale of 43,658 shares, of which 20,520 shares sold to cover tax (no
shares retained).
c) Price(s) and volume(s) Price(s) Volume
1. £0.00 1. 43,658
2. £2.476 2. 43,658
d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 19 April 2025
f) Place of the transaction London Stock Exchange, XLON
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Kail
2 Reason for the notification
a) Position/status Chief Executive Officer, Institutional 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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction 1. Vesting of SBP (Restricted) Award over 124,136 shares.
2. Sale of 124,136 shares, of which 58,344 shares sold to cover tax (no
shares retained).
c) Price(s) and volume(s) Price(s) Volume
1. £0.00 1. 124,136
2. £2.476 2. 124,136
d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 19 April 2025
f) Place of the transaction London Stock Exchange, XLON
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jeff Davies
2 Reason for the notification
a) Position/status Group Chief Financial 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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction 1. Vesting of SBP (Conditional) Award over 201,707 shares.
2. Sale of 94,803 shares to cover tax (the balance of 106,904 retained).
c) Price(s) and volume(s) Price(s) Volume
1. £0.00 1. 201,707
2. £2.476 2. 94,803
94d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 19 April 2025
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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction 1. Vesting of SBP (Restricted) Award over 51,011 shares.
2. Sale of 23,976 shares to cover tax (the balance of 27,035 retained).
c) Price(s) Volume
1. £0.00 1. 51,011
2. £2.476 2. 23,976
94d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 19 April 2025
f) Place of the transaction London Stock Exchange, XLON
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Chris Knight
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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction 1. Vesting of SBP (Restricted) Award over 56,985 shares.
2. Sale of 26,783 shares to cover tax (the balance of 30,202 retained).
c) Price(s) Volume
1. £0.00 1. 56,985
2. £2.476 2. 26,783
94d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 19 April 2025
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, 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 Ordinary shares of £0.025 each, with voting rights attached
Identification code GB0005603997
b) Nature of transaction 1. Vesting of SBP (Restricted) Award over 128,676 shares.
2. Sale of 60,478 shares to cover tax (the balance of 68,198 retained).
c) Price(s) and volume(s) Price(s) Volume
1. £0.00 1. 128,676
2. £2.476 2. 60,478
94d) Aggregated information N/A (Single Transaction)
- Aggregated volume
- Price
e) Date of the transaction 19 April 2025
f) Place of the transaction London Stock Exchange, XLON
24 April 2025
Leanne Cornish
Group Head of Secretariat and Corporate Governance
Legal & General Group Plc
Tel: 020 3124 4111
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