REG - LSL Property Svcs. - Director / PDMR Shareholdings
04/07/2025 15:00
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RNS Number : 8633P LSL Property Services PLC 04 July 2025
4 July 2025
LSL Property Services plc ("LSL" or "the Company")
Director / PDMR Shareholdings
On 3 July 2025, the Company granted share-based awards ("Awards") under the
LSL Property Services plc 2025 Long Term Incentive Plan (the "2025 LTIP") to
the following 'persons discharging managerial responsibilities':
PDMR Individual allocation of the total 'pool' available for distribution pursuant
to the 2025 LTIP
Adam Castleton 35%
Stephen Goodall 7%
Paul Hardy 7%
Richard Howells 7%
Each Award is granted in the form of a nil-cost option which will be capable
of vesting on, and exercise following, each of 31 December 2027 and 31
December 2029, subject to the achievement on each such date of a minimum level
of compound annual growth in the value of an ordinary share in the capital of
the Company (a "Share") being achieved by the relevant vesting date.
The number of Shares over which each Award shall vest and become exercisable
shall be such number of Shares as have a value, as at the relevant vesting
date, which is equal to the relevant Award holder's individual allocation (as
shown in the table above) of the total 'pool' which is available for
distribution pursuant to the 2025 LTIP. The total 'pool' which is available
for distribution shall be determined by reference to the extent of the
compound annual growth in the value of a Share from January 2025 to the
relevant vesting date.
For further details of the 2025 LTIP, including the compound annual growth in
the value of a Share which is required to be achieved and the basis on which
the total 'pool' available for distribution pursuant to the 2025 LTIP will be
calculated, shareholders should review the detailed summary of the principal
terms of the 2025 LTIP which can be found in Part III of the Notice of General
Meeting which was circulated to shareholders on 9 May 2025.
Disclosure required under Provision 4 of the UK Corporate Governance Code
about voting on the resolutions put to shareholders in relation to the grant
of the 2025 LTIP can be found on our website via the link Investor
Communications | LSL Property Services plc
(https://www.lslps.co.uk/investor-information/investor-communications)
This announcement is made in accordance with Article 19 of the EU Market Abuse
Regulation 596/2014, as retained in UK law pursuant to the European Union
(Withdrawal) Act 2018.
For further information, please contact:
Debbie Fish, Group Company Secretary
Tel: 07483 147659
investorrelations@lslps.co.uk (mailto:investorrelations@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 Adam Castleton
2. Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification/ Amendment Initial Notification
3. Details of the issuer, emission allowance market participant, 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; (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 the transaction Grant of an award over ordinary shares pursuant to the LSL Property Services
plc 2025 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Such number of ordinary shares as have, at each relevant vesting date of the
award, a value which is equal to 35% of the total vested 'pool' which is
available for distribution pursuant to the 2025 LTIP.
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 3 July 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
Outside a trading venue
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 Stephen Goodall
2. Reason for the notification
a) Position/status PDMR
b) Initial notification/ Amendment Initial Notification
3. Details of the issuer, emission allowance market participant, 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; (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 the transaction Grant of an award over ordinary shares pursuant to the LSL Property Services
plc 2025 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Such number of ordinary shares as have, at each relevant vesting date of the
award, a value which is equal to 7% of the total vested 'pool' which is
available for distribution pursuant to the 2025 LTIP.
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 3 July 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
Outside a trading venue
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 the notification
a) Position/status PDMR
b) Initial notification/ Amendment Initial Notification
3. Details of the issuer, emission allowance market participant, 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; (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 the transaction Grant of an award over ordinary shares pursuant to the LSL Property Services
plc 2025 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Such number of ordinary shares as have, at each relevant vesting date of the
award, a value which is equal to 7% of the total vested 'pool' which is
available for distribution pursuant to the 2025 LTIP.
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 3 July 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
Outside a trading venue
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 Richard Howells
2. Reason for the notification
a) Position/status PDMR
b) Initial notification/ Amendment Initial Notification
3. Details of the issuer, emission allowance market participant, 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; (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 the transaction Grant of an award over ordinary shares pursuant to the LSL Property Services
plc 2025 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil Such number of ordinary shares as have, at each relevant vesting date of the
award, a value which is equal to 7% of the total vested 'pool' which is
available for distribution pursuant to the 2025 LTIP.
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 3 July 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
3 July 2025
f)
Place of the transaction
Outside a trading venue
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