Legal & General Group Plc Director/PDMR Shareholding (4770F)

TIDMLGEN

RNS Number : 4770F

Legal & General Group Plc

21 March 2022

Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

The following notification made under articles 19.1 and 19.3 of the UK Market Abuse Regulation ("UK MAR") relates to the exercise of awards granted on 18 April 2017 under the terms of the Legal & General Group Performance Share Plan 2014 (PSP).

The performance conditions attached to the options granted under the PSP in 2017 provide that the award vests, subject to satisfaction of the performance conditions, after the announcement of the results for 2019 with one third of vested options becoming exercisable immediately, the second third becoming exercisable after the announcement of the 2020 results and the remaining third after the announcement of the 2021 results. The options must be exercised by the seventh anniversary of the date of the grant.

Name Director/ PDMR Number of shares Number of shares Shares sold to Shares retained by
awarded on exercised on 17 cover tax and individual
18 April 2017 March 2022 social security
Bernard Hickman PDMR 66,659 66,659 31,330 35,329

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Bernard Hickman
2 Reason for the notification
a) Position/status Chief Executive Officer, Legal & General Retail/PDMR
b) Initial Initial Notification
notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Legal & General Group Plc
b) LEI 213800JH9QQWHLO99821
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 Ordinary shares of GBP0.025 each, with voting rights attached
instrument, type of GB0005603997
instrument
Identification code
b) Nature of transaction 1. Exercise of PSP 2017 award of nil cost options over 66,659 shares.
2. Sale of 31,330 shares to cover tax and dealing costs (35,329 shares
retained).
c) Price(s) and volume(s) Price(s) Volume
1. Nil cost 1. 66,659
2. GBP2.764 2. 31,330
d) Aggregated information 1. Price 1. Volume 1. Total
- Aggregated volume
- Price
1. GBP0.00 1. 66,659 1. GBP0.00

2. Price 2. Volume 2. Total
2. GBP2.764 2. 31,330 2. GBP86,596.12
e) Date of the transaction 17 March 2022
f) Place of the transaction London Stock Exchange, XLON

21 March 2022

Leanne Cornish

Head of Group Secretariat

Legal & General Group Plc

Tel: 0203 124 2107

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