REG - Legal & General Grp - Director/PDMR Shareholding

Legal & GeneralAnnouncement

26/09/2025 18:15

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RNS Number : 0873B  Legal & General Group Plc  26 September 2025

 

Legal & General Group Plc

 

Notification of Transactions of Directors, Persons Discharging Managerial
Responsibilities ("PDMRs") and persons closely associated with them

 

In line with the announcement made on 21 March 2025, as part of the
remuneration terms relating to the appointment of Katie Worgan as Group Chief
Operating Officer, Legal & General Group Plc ("the Company") agreed to
compensate her for incentive awards forfeited by her on leaving her former
employer.

 

In accordance with such remuneration terms, on 21 March 2025, the Company
granted Katie Worgan restricted share awards of a total of 97,540 ordinary
shares of 2.5p each (the "Shares") in the Company under the Share Bonus Plan
(the "Plan"). Further to the announcement made on 21 March 2025, and following
the Plan, the first tranche of Katie's restricted share awards of 13,773
shares vested on 23 September 2025.

 

The awards were granted on the basis of an average closing share price on the
London Stock Exchange between 2nd and 4th September 2024 of £2.238. No
consideration was paid for the grant of the awards. No price is payable on the
vesting of the awards.

 

This announcement, including the notifications below, is made in accordance
with the requirements of Article 19 of the UK Market Abuse Regulation.

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Katie Worgan
 2   Reason for the notification
 a)  Position/status                                              Group Chief Operating 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 Award over 13,773 shares.

                                                                  2.   Sale of 6,474 shares to cover tax and dealing costs. The balance of
                                                                  7,299 shares retained.
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)
                                                                  1.   £0.00                              1.   13,773

                                                                  2.   £2.374                             2.   6,474
 d)  Aggregated information                                       Price                 Volume             Total

     -      Aggregated volume

     -      Price                                                 1.   £0.00          1.   13,773         1.   £0.00

                                                                  2.   £2.374         2.   6,474          2.
                                                                  £15,369.276

 e)  Date of the transaction                                      23 September 2025
 f)  Place of the transaction                                     London Stock Exchange, XLON

 

 

 

 

26 September 2025

 

Leanne Cornish

Group Head of Secretariat and Corporate Governance

Legal & General Group Plc

 

Tel: 020 3124 4111

 

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