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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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