TIDMLSL 
 
RNS Number : 6462R 
LSL Property Services 
25 August 2010 
 

Director/PDMR Shareholding 
25th August 2010 - 
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|                                                                                | 
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LSL Property Services plc 
25th August 2010 
Directors - Interest in Shares 
2010 Joint Share Ownership Plan (the "JSOP") 
In accordance with Disclosure Rule 3.1.4R, LSL Property Services plc (the 
"Company") announces that pursuant to the rules of the JSOP, the following 
Director of the Company was granted awards on 24th August 2010, in the form of 
an interest in jointly owned shares (i.e. ordinary shares held in co-ownership 
with the LSL Property Services plc Employee Benefit Trust) and a stock 
appreciation right. 
+----------+--------------+--------------+ 
|          |    Number    |    Number    | 
|  Name    |    of LSL    |     LSL      | 
|    of    |  Property    |  Property    | 
|Director  |  Services    |  Services    | 
|          |     plc      |    plc of    | 
|          |  ordinary    |  ordinary    | 
|          |    shares    |    shares    | 
|          |   held in    |    over      | 
|          |co-ownership  |    which     | 
|          |  with the    |    stock     | 
|          |  Employee    |appreciation  | 
|          |   Benefit    |    right     | 
|          |    Trust     |   granted    | 
+----------+--------------+--------------+ 
| Stephen  |    70764     |    70764     | 
|  Andrew  |              |              | 
|  Cooke   |              |              | 
+----------+--------------+--------------+ 
In respect of the jointly owned shares, the above Director have entered into a 
co-ownership agreement with the trustees of the Employee Benefit Trust. Under 
the terms of each co-ownership agreement the participant has a right to receive 
a proportion of the sale proceeds in so far as the value of the shares on 
disposal exceeds GBP3.20 per share and a performance target is satisfied. The 
interests vest on 24th August 2013. 
In addition, the above Director was granted stock appreciation rights which 
entitle them to the growth in the value of a share from GBP2.685 up to GBP3.20. 
SARs may be settled in shares or cash at the discretion of the Company. The 
stock appreciation rights first become exercisable on 24th August 2013. No 
amount was paid by the Director in respect of the grant of the stock 
appreciation right. 
Vesting of the awards is conditional on the Company's earnings per share 
performance meeting an absolute performance target over a period of three 
financial years starting with the financial year in which the award is granted. 
Long Term Incentive Plan (the "LTIP") 
An addendum to the rules of the LTIP provides for the grant of options that meet 
the CSOP legislation to employees and directors of the Company (the "UK Approved 
Addendum").  The Company's board granted options on 24th August 2010 under the 
UK Approved Addendum to the following Director. 
+----------+----------+ 
|          |  Number  | 
|  Name    |  of LSL  | 
|    of    |Property  | 
|Director  |Services  | 
|          |   plc    | 
|          |ordinary  | 
|          |  shares  | 
|          |  over    | 
|          |  which   | 
|          |  LTIP    | 
|          |  Award   | 
|          | granted  | 
|          | on 24th  | 
|          |  August  | 
|          |  2010    | 
+----------+----------+ 
| Stephen  | 11, 870  | 
|  Andrew  |          | 
|  Cooke   |          | 
+----------+----------+ 
The options granted comprise a right to subscribe for ordinary shares for an 
exercise price of GBP 2.52 per ordinary share.  In accordance with the terms of 
the UK Approved Addendum to the LTIP, no consideration was payable by the 
participants on the grant of the options and the exercise price per ordinary 
share was equal to the market value of an ordinary share on the date of grant of 
the option. The options first become exercisable on 24th August 2013. 
This notification is made in accordance with Disclosure and Transparency Rule 
3.1.2. 
Simon Embley 
Chief Executive Officer 
LSL Property Services plc 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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