LSL Property Svcs. - Director/PDMR Shareholding
02/07/2025 14:00
RNS Number : 4488P
LSL Property Services PLC
02 July 2025
LSL Property Services plc ('LSL' or 'the Company')
Director/PDMR Shareholding
All Employee Share Scheme - Share Incentive Plan (SIP) Purchase and PDMR Dealing.
The Company was notified on 30 June 2025 that the following transactions, relating to Directors and Persons Discharging Managerial Responsibilities (PDMRs), took place under the LSL Share Incentive Plan (SIP) on 27 June 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.
Following the payment of the full year dividend on 27 June 2025 and pursuant to the Dividend Reinvestment Plan, the SIP Trustees (MUFG Corporate Markets Trustees Limited) acquired a total of 14,807 Ordinary Shares at a price of £3.14 per share, with a total cost of £46,493.98. These shares were purchased on the market and allocated to participating employees, including the Directors/PDMRs listed below. As the purchase of shares was pursuant to the DRIP, no Matching Shares were awarded.
The Company was further notified on 1 July 2025 of an acquisition of 533 shares at a price of £3.135 per share on behalf of Adam Castleton arising from a reinvestment of dividends on shares held outside the SIP.
| Director/PDMR details | Number of Dividend Shares | Number of Matching Shares | Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 27 June 2025. |
| Adam Castleton, Group CEO | 199 (SIP) 533 (non-SIP) | 0 | 166,303 |
| Paul Hardy, PDMR | 136 | 0 | 57,4181 |
| Steven Goodall, PDMR | 3 | 0 | 145 |
| 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 of Shares as a result of dividend reinvestment | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | i) 27 June 2025 ii) 1 July 2025 | ||||
| f) | Place of the transaction | London Stock Exchange |
| 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 of Shares under the LSL Property Services Share Incentive Plan's Dividend Reinvestment Plan. | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | 27 June 2025 | ||||
| f) | Place of the transaction | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||||
| a) | Name | Stephen Goodall | ||||
| 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 of Dividend Shares under the LSL Property Services Share Incentive Plan's Dividend Reinvestment Plan. | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | 27 June 2025 | ||||
| f) | Place of the transaction | London Stock Exchange |