TIDMLSL

RNS Number : 6735Y

LSL Property Services

05 March 2012

LSL Property Services plc

5th March 2012

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 2(nd) March 2012, that the following transaction took place in relation to the Company's Share Incentive Plan on 1(st) March 2012.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 0.2p each, using deductions from their salary in each monthly pay period. The SIP Trustees (Capita IRG Trustees Limited) acquired 4,448 ordinary shares by purchase in the market on 2(nd) March 2012 at a total cost of GBP11,007.85 and allocated them to employees participating in the SIP partnership shares.

The following Executive Director purchased ordinary shares of 0.2p, at a price of GBP2.45 per ordinary share.

 
 Name                 Position     Shares Purchased   Total Shares            Total shareholding 
                                    by SIP Trustee     held by SIP             following purchase 
                                                       Trustees for            (including shares 
                                                       the benefit             held by the 
                                                       of the Director/PDMR    SIP Trustees 
                                                                               for the benefit 
                                                                               of the Director/PDMR) 
-------------------  -----------  -----------------  ----------------------  ----------------------- 
                      Executive 
 Alison Traversoni     Director    51                 4547                    617,005 
-------------------  -----------  -----------------  ----------------------  ----------------------- 
 

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

This information is provided by RNS

The company news service from the London Stock Exchange

END

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