REG - LSL Property ServPLC - Director/PDMR Shareholding <Origin Href="QuoteRef">LSL.L</Origin>

LSL Property ServicesAnnouncement

05/04/2017 18:00

RNS Number : 7296B
LSL Property Services
05 April 2017
LSL Property Services plc
"LSL"
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR 3, LSL was notified on 4th April 2017, that the following transactions which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan ("SIP") on 3rd April 2017.
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, using deductions from their salary in each monthly pay period.
The SIP Trustees (Capita IRG Trustees Limited) acquired a total of 6,681 ordinary shares on 3rd April 2017 at a total cost of 13,746.48. The shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below:
Director/PDMR details
0.2p ordinary shares acquired
Price per share paid
Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 4rd April 2017
Ian Crabb, Group CEO
73
2.06
2,162
Adam Castleton, Group CFO
73
2.06
742
Jon Round, PDMR
73
2.06
212,275
The notifications below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014, give further detail.
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
Ian Crabb
2
Reason for notification
a)
Position/Status
Group CEO
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
Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.06
73
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction.
e)
Date of the transaction
3rd April 2017
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
Adam Castleton
2
Reason for notification
a)
Position/Status
Group CFO
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
Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.06
73
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction.
e)
Date of the transaction
3rd April 2017
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
Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.06
73
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction.
e)
Date of the transaction
3rd April 2017
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
Sapna B FitzGerald, Company Secretary
01904 698 850

This information is provided by RNS
The company news service from the London Stock Exchange
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