For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240703:nRSC0404Va&default-theme=true
RNS Number : 0404V LSL Property Services PLC 03 July 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 1(st) July 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 28(th) June 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 also acquires shares pursuant to LSL's
dividend re-investment plan (DRIP) (Dividend Shares).
Following the payment of the full year dividend on 28(th) June 2024 and
pursuant to the DRIP, the SIP Trustees (Link Market Services Trustees Limited)
acquired a total of 15,325 Dividend Shares on 28(th) June 2024 at a price of
£3.28 per Ordinary Share and total cost of £50,372.89. The Dividend Shares
were acquired by purchase in the market and allocated to employees
participating in the SIP, including the Directors/PDMRs detailed below. As
the purchase of shares was pursuant to the DRIP, no Matching Shares were
awarded.
Director/PDMR details Number of Dividend Shares Number of Matching Shares Total shareholding post transaction (including shares held by the SIP on
behalf of the director/PDMR) as of 28(th) June 2024
David Stewart, Group CEO 53 0 95,286
Adam Castleton, Group CFO 167 0 141,811
Paul Hardy, PDMR 149 0 56,479(1)
Steve Goodall, PDMR 3 0 140
(1) Total combined number of shares held by Paul Hardy and his Persons Closely
Associated (PCAs).
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 Dividend Shares under the LSL Property Services Share Incentive
Plan's Dividend Reinvestment Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£3.28 53
d) Aggregated information Price Aggregate Volume
£3.28 53
- Aggregated volume
- Price
e) Date of the transaction 28(th) June 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£3.28 53
e)
Date of the transaction
28(th) June 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 of Dividend Shares under the LSL Property Services Share Incentive
Plan's Dividend Reinvestment Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£3.28 167
d) Aggregated information Price Aggregate Volume
£3.28 167
- Aggregated volume
- Price
e) Date of the transaction 28(th) June 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£3.28 167
e)
Date of the transaction
28(th) June 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 of Dividend Shares under the LSL Property Services Share Incentive
Plan's Dividend Reinvestment Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£3.28 149
d) Aggregated information Price Aggregate Volume
£3.28 149
- Aggregated volume
- Price
e) Date of the transaction 28(th) June 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£3.28 149
e)
Date of the transaction
28(th) June 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 Steve Goodall
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 of Dividend Shares under the LSL Property Services Share Incentive
Plan's Dividend Reinvestment Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£3.28 3
d) Aggregated information Price Aggregate Volume
£3.28 3
- Aggregated volume
- Price
e) Date of the transaction 28(th) June 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£3.28 3
e)
Date of the transaction
28(th) June 2024
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
Sapna B FitzGerald, Company Secretary
investorrelations@lslps.co.uk
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHFLFESDRIVIIS