REG - LSL Property Svcs. - Director/PDMR Shareholding

LSL Property ServicesAnnouncement

06/01/2021 15:00

RNS Number : 8196K
  
LSL Property Services PLC
  
06 January 2021
  
 

LSL Property Services plc
"LSL"
 
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with DTR 3, LSL was notified on 5th January 2021, that the following transactions which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan ("SIP") on 4th January 2021.
The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in LSL of 0.2p each ("Ordinary Shares"), using deductions from their salary in each monthly pay period ("Partnership Shares"), and receive allocations of matching free Ordinary Shares ("Matching Shares").
The SIP Trustees (Link Market Services Trustees Limited) acquired a total of 6,668 Partnership Shares on 4th January 2021 at a price of £2.87 per Ordinary Share and total cost of £19,183.82. The Partnership Shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below.
On the 4th January 2021, the SIP Trustees also allocated a total of 1,355 Matching Shares. The number of Matching Shares granted by the SIP Trustees to the Directors/PDMRs at nil cost is also set out 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 4th January 2021




Adam Castleton, Group CFO


52


10


4,436




Helen Buck, Executive Director, Estate Agency


52


11


3,441




Jon Round, PDMR


52


11


           215,984



 
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 Financial 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)




£2.87


52




Nil


10








d)


Aggregated information
-      Aggregated volume
-      Price





Price


Aggregate Volume




£2.407


62








e)


Date of the transaction


4th January 2021




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


Helen Buck




2


Reason for notification


 




a)


Position/Status


Executive Director, Estate Agency




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)




£2.87


52




Nil


11








d)


Aggregated information
-      Aggregated volume
-      Price





Price


Aggregate Volume




£2.369


63








e)


Date of the transaction


4th January 2021




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


Jon Round




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)




£2.87


52




Nil


11








d)


Aggregated information
-      Aggregated volume
-      Price





Price


Aggregate Volume




£2.369


63








e)


Date of the transaction


4th January 2021




f)


Place of the transaction


London Stock Exchange



 
For further information, please contact:
Sapna B FitzGerald, Company Secretary
01904 698 850
 

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