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REG - LSL Property Svcs. - Director/PDMR Shareholding

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RNS Number : 2681Z  LSL Property Services PLC  10 January 2024

LSL Property Services plc (LSL)

Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility (PDMRs) or Connected Persons.

All Employee Share Scheme - Share Incentive Plan (SIP) Purchase.

In accordance with DTR 3, LSL was notified on 8(th) January 2024 that the
following transactions, which relate to LSL's Directors and PDMRs, took place
in relation to LSL's Share Incentive Plan (SIP) on 5(th) January 2024.

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
5,272 Partnership Shares on 5(th) January 2024 at a price of £2.50 per
Ordinary Share and total cost of £13,180. 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 5(th) January 2024 the SIP Trustees also allocated a total of 1,059
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 5(th) January 2024
 David Stewart, Group CEO   60                            12                         78,401
 Adam Castleton, Group CFO  60                            12                         130,183
 Jon Round,                 60                            12                         146,202

 PDMR
 Andy Deeks,                60                            12                         2,077

 PDMR
 Paul Hardy, PDMR           60                            12                         21,809

 

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 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)
                                                                                    £2.50     60
                                                                                    Nil       12
 d)  Aggregated information                                                         Price    Aggregate Volume

                                                                              £2.083   72
     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        5(th) January 2024
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

 Price    Aggregate Volume
 £2.083   72

e)

Date of the transaction

5(th) January 2024

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 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)
                                                                                    £2.50     60
                                                                                    Nil       12
 d)  Aggregated information                                                         Price    Aggregate Volume

                                                                              £2.083   72
     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        5(th) January 2024
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

 Price    Aggregate Volume
 £2.083   72

e)

Date of the transaction

5(th) January 2024

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                    Ordinary shares of 0.2p each in LSL Property Services plc

     Identification code                                                            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)
                                                                                    £2.50     60
                                                                                    Nil       12
 d)  Aggregated information                                                         Price    Aggregate Volume

                                                                              £2.083   72
     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        5(th) January 2024
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

 Price    Aggregate Volume
 £2.083   72

e)

Date of the transaction

5(th) January 2024

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                                                                           Andy Deeks
 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                    Ordinary shares of 0.2p each in LSL Property Services plc

     Identification code                                                            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)
                                                                                    £2.50     60
                                                                                    Nil       12
 d)  Aggregated information                                                         Price    Aggregate Volume

                                                                              £2.083   72
     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        5(th) January 2024
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

 Price    Aggregate Volume
 £2.083   72

e)

Date of the transaction

5(th) January 2024

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                                                                           Paul Hardy
 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                    Ordinary shares of 0.2p each in LSL Property Services plc

     Identification code                                                            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)
                                                                                    £2.50     60
                                                                                    Nil       12
 d)  Aggregated information                                                         Price    Aggregate Volume

                                                                              £2.083   72
     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                                        5(th) January 2024
 f)  Place of the transaction                                                       London Stock Exchange

d)

Aggregated information

-      Aggregated volume

-      Price

 Price    Aggregate Volume
 £2.083   72

e)

Date of the transaction

5(th) January 2024

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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