LSL Property Svcs. - Director/PDMR Shareholding

LSL Property Services

08/05/2025 14:00

RNS Number : 9319H

LSL Property Services PLC

08 May 2025

 

LSL Property Services plc ('LSL' or 'the Company')

 

Director/PDMR Shareholding

All Employee Share Scheme - Share Incentive Plan (SIP) Purchase.

The Company was notified on 7 May 2025 that the following transactions, relating to Directors and Persons Discharging Managerial Responsibilities (PDMRs), took place under the LSL Share Incentive Plan (SIP) on 6 May 2025.

The SIP is an all-employee trust arrangement approved by HM Revenue & Customs, allowing employees to purchase ordinary shares of 0.2p each in LSL (Ordinary Shares) using deductions from their salary (Partnership Shares). Employees are also allocated additional free Ordinary Shares (Matching Shares) under the plan.

On 6 May 2025, the SIP Trustees (Link Market Services Trustees Limited) acquired a total of 4,420 Partnership Shares at a price of £2.936698 per share, with a total cost of £12,980.21. These shares were purchased on the market and allocated to participating employees, including the Directors/PDMRs listed below.

On the same date, the SIP Trustees also allocated 889 Matching Shares at nil cost to employees, including the Directors/PDMRs as detailed in the table below.

Director/PDMR details
Number of Partnership Shares
Number of Matching Shares
Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 7 May 2025.
Adam Castleton, Group CEO
51
10
165,508
Paul Hardy, PDMR
51
10
57,2191

1 Total combined number of shares held by Paul Hardy and his Persons Closely Associated (PCAs).

 

The notification forms pursuant to Article 19 of the UK Market Abuse Regulation can be found below.

 

For further information, please contact:

Debbie Fish, Group Company Secretary

Tel: 07483 147659

investorrelations@lslps.co.uk

Notes on LSL

LSL is one of the largest providers of services to mortgage intermediaries and estate agent franchisees.

 

Over 2,700 advisers representing over 11% of the total purchase and remortgage market.

 

Its 62 estate agency franchisees operate in 310 territories.

 

LSL is also one of the UK's largest providers of surveying and valuation services, supplying seven out of the ten largest lenders in the UK.

 

For further information please visit LSL's website: lslps.co.uk 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Adam Castleton
2
Reason for notification
a)
Position/Status
Group Chief Executive Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)
Name
LSL Property Services plc
b)
LEI
213800T4VM5VR3C7S706
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 0.2p each in LSL Property Services plc
GB00B1G5HX72
b)
Nature of transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.936698
51
Nil
10
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregate Volume
£2.455
61
e)
Date of the transaction
6 May 2025
f)
Place of the transaction
London Stock Exchange

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Paul Hardy
2
Reason for notification
a)
Position/Status
PDMR
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)
Name
LSL Property Services plc
b)
LEI
213800T4VM5VR3C7S706
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 0.2p each in LSL Property Services plc
GB00B1G5HX72
b)
Nature of transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.936698
51
Nil
10
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregate Volume
£2.455
61
e)
Date of the transaction
6 May 2025
f)
Place of the transaction
London Stock Exchange

 

 

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