REG - LSL Property Svcs. - Director/PDMR share dealing
RNS Number : 8738CLSL Property Services PLC23 June 2021LSL 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 that Adam Castleton (Group Chief Finance Officer) and Jon Round (PDMR) each acquired 0.2p ordinary shares in LSL on 22nd June 2021 following the exercise of options received in 2018 pursuant to LSL's 2018 save as you earn option scheme (SAYE). The details of the exercise are set out in the table below.
The 2018 SAYE is an all-employee scheme approved by HM Revenue and Customs. The 2018 SAYE exercise price for the options granted was £2.45 per ordinary share of 0.2p and the options became exercisable at the end of the three-year saving plan, on 1st June 2021.
Following the above transactions, Adam Castleton and Jon Round's shareholding in LSL (including shares held in LSL's Share Incentive Plan (SIP)) is set out below.
Details of Director or PDMR
Number of shares acquired
Total number of shares following transaction(s) (including shares held in LSL's SIP)
Adam Castleton, PDMR
SAYE18: 1,469
6,182
Jon Round, PDMR
SAYE18: 881
117,142
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
Shares acquired by exercising options received pursuant to LSL's Save As You Earn scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.45
1,469
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregate Volume
£2.45
1,469
e)
Date of the transaction
22nd June 2021
f)
Place of the transaction
Outside a trading venue
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
Shares acquired by exercising options received pursuant to LSL's Save as You Earn scheme.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.45
881
d)
Aggregated information
- Aggregated volume
- Price
Price
Aggregate Volume
£2.45
881
e)
Date of the transaction
22nd June 2021
f)
Place of the transaction
Outside a trading venue
For further information, please contact:
Sapna B FitzGerald, Company Secretary
investorrelations@lslps.co.uk
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