REG - LSL Property Svcs. - Director/PDMR Shareholding
09/04/2025 16:45
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RNS Number : 3776E LSL Property Services PLC 09 April 2025
LSL Property Services plc ('LSL' or 'the Company')
Director/PDMR Shareholding
All Employee Share Scheme - Share Incentive Plan (SIP) Purchase.
The Company was notified on 8 April 2025 that the following transactions,
relating to Directors and Persons Discharging Managerial Responsibilities
(PDMRs), took place under the LSL Share Incentive Plan (SIP) on 7 April 2025.
The SIP is an all-employee trust arrangement approved by HM Revenue &
Customs, allowing employees to purchase ordinary shares of 0.2p each in LSL
(Ordinary Shares) using deductions from their salary (Partnership Shares).
Employees are also allocated additional free Ordinary Shares (Matching Shares)
under the plan.
On 7 April 2025, the SIP Trustees (Link Market Services Trustees Limited)
acquired a total of 5,056 Partnership Shares at a price of £2.54698 per
share, with a total cost of £12,877.53. These shares were purchased on the
market and allocated to participating employees, including the Directors/PDMRs
listed below.
On the same date, the SIP Trustees also allocated 1,000 Matching Shares at nil
cost to employees, including the Directors/PDMRs as detailed 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 8 April 2025.
David Stewart, Group CEO 59 12 168,260
Adam Castleton, Group CEO Designate 59 12 165,447
Paul Hardy, PDMR 58 12 57,158(1)
(1) Total combined number of shares held by Paul Hardy and his Persons Closely
Associated (PCAs).
The notification forms pursuant to Article 19 of the UK Market Abuse
Regulation can be found below.
For further information, please contact:
Debbie Fish, Group Company Secretary
Tel: 07483 147659
investorrelations@lslps.co.uk
Notes on LSL
LSL is one of the largest providers of services to mortgage intermediaries and
estate agent franchisees.
Over 2,700 advisers representing over 11% of the total purchase and remortgage
market.
Its 62 estate agency franchisees operate in 310 territories.
LSL is also one of the UK's largest providers of surveying and valuation
services, supplying seven out of the ten largest lenders in the UK.
For further information please visit LSL's website: lslps.co.uk
(http://www.lslps.co.uk/)
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)
£2.54698 59
Nil 12
d) Aggregated information Price Aggregate Volume
£2.117 71
- Aggregated volume
- Price
e) Date of the transaction 7 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£2.117 71
e)
Date of the transaction
7 April 2025
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 Executive Officer Designate
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)
£2.54698 59
Nil 12
d) Aggregated information Price Aggregate Volume
£2.117 71
- Aggregated volume
- Price
e) Date of the transaction 7 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£2.117 71
e)
Date of the transaction
7 April 2025
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)
£2.54698 58
Nil 12
d) Aggregated information Price Aggregate Volume
£2.11 70
- Aggregated volume
- Price
e) Date of the transaction 7 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Price Aggregate Volume
£2.11 70
e)
Date of the transaction
7 April 2025
f)
Place of the transaction
London Stock Exchange
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