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REG - LSL Property Svcs. - Director/PDMR Shareholding

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RNS Number : 4716L  LSL Property Services PLC  13 May 2022

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 12(th) May 2022 of the following
share purchases by its Executive Directors, which took place on 12(th) May
2022.

 Director details                               Number of shares acquired  Total shareholding post transaction (including shares held by the SIP on
                                                                           behalf of the director) as at 12 May 2022
 David Stewart, Group CEO                       16,794                     17,428
 Adam Castleton, Group CFO                      8,541                      15,364
 Helen Buck, Executive Director, Estate Agency  8,541                      30,017

 

These purchases were made in accordance with LSL's Directors' Remuneration
Policy (Policy), which requires each Executive Director to use a proportion of
their annual bonus (net of tax) to purchase shares in LSL.

The purchases were made using the 2021 annual bonus payments, which were paid
to the Directors in March 2022.  The shares are subject to retention
requirements and contribute towards each Directors' adherence to LSL's
'Executive share ownership guidelines' which form part of the Policy.

Details of Executive Director remuneration and the Policy can be found in
LSL's Annual Report and Accounts 2021 (available on LSL's website).

Set out below is a notification made in accordance with Article 19 of the UK
Market Abuse Regulation.

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                                                                           David Stewart
 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                    Ordinary shares of 0.2p each in LSL Property Services plc

     Identification code                                                            GB00B1G5HX72
 b)  Nature of transaction                                                          Purchase of shares in LSL in accordance with the Company's Directors'
                                                                                    Remuneration Policy.
 c)  Price(s) and volume(s)                                                         Price(s)  Volume(s)
                                                                                    £4.02     16,794
 d)  Aggregated information                                                         Not applicable

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        12 May 2022
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable

e)

Date of the transaction

12 May 2022

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 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                    Ordinary shares of 0.2p each in LSL Property Services plc

     Identification code                                                            GB00B1G5HX72
 b)  Nature of transaction                                                          Purchase of shares in LSL in accordance with the Company's Directors'
                                                                                    Remuneration Policy.
 c)  Price(s) and volume(s)                                                         Price(s)  Volume(s)
                                                                                    4.02      8,541
 d)  Aggregated information                                                         Not applicable - single transaction

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        12 May 2022
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction

e)

Date of the transaction

12 May 2022

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                    Ordinary shares of 0.2p each in LSL Property Services plc

     Identification code                                                            GB00B1G5HX72
 b)  Nature of transaction                                                          Purchase of shares in LSL in accordance with the Company's Directors'
                                                                                    Remuneration Policy.
 c)  Price(s) and volume(s)                                                         Price(s)  Volume(s)
                                                                                    £4.02     8,541
 d)  Aggregated information                                                         Not applicable - single transaction

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        12 May 2022
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction

e)

Date of the transaction

12 May 2022

f)

Place of the transaction

London Stock Exchange

 

For further information, please contact:

Sapna B FitzGerald, Company Secretary

investorrelations@lslps.co.uk

 

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