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RNS Number : 5958H LSL Property Services PLC 09 October 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 October 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 7 October 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
4,236 Partnership Shares on 7 October 2024 at a price of £3.1049 per Ordinary
Share and total cost of £13,152.36. 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 7 October 2024 the SIP Trustees also allocated a total of 839 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 September 2024.
David Stewart, Group CEO 48 10 95,503
Adam Castleton, Group CFO 48 9 142,028
Paul Hardy, PDMR 48 9 56,696(1)
(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 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)
£3.1049 48
Nil 10
d) Aggregated information Price Aggregate Volume
£2.5696 58
- Aggregated volume
- Price
e) Date of the transaction 7 October 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£2.5696 58
e)
Date of the transaction
7 October 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)
£3.1049 48
Nil 9
d) Aggregated information Price Aggregate Volume
£2.6147 57
- Aggregated volume
- Price
e) Date of the transaction 7 October 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£2.6147 57
e)
Date of the transaction
7 October 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)
£3.1049 48
Nil 9
d) Aggregated information Price Aggregate Volume
£2.6147 57
- Aggregated volume
- Price
e) Date of the transaction 7 October 2024
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£2.6147 57
e)
Date of the transaction
7 October 2024
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
Debbie Fish, Company Secretary
investorrelations@lslps.co.uk
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