LSL Property Services Director/PDMR Shareholding (7594N)
October 02 2012 - 11:28AM
UK Regulatory
TIDMLSL
RNS Number : 7594N
LSL Property Services
02 October 2012
LSL Property Services plc
2(nd) October 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 2nd October 2012,
that the following transaction took place in relation to the
Company's Share Incentive Plan on 1(st) October 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 3,864 ordinary shares by purchase in the
market on 1(st) October 2012 at a total cost of GBP8,273.80 and
allocated them to employees participating in the SIP partnership
shares.
Alison Traversoni, an Executive Director purchased 59 ordinary
shares of 0.2p, at a price of GBP2.12 per ordinary share.
In addition, on 10(t) September 2012, Alison Traversoni acquired
70 ordinary shares of 0.2p, at a price of GBP2.20 per ordinary
share, as the Trustees reinvested the dividend payment made by the
Company on the same day.
Following these two transactions, the total shares held by the
SIP trustees for the benefit of Alison Traversoni is 5,106 and the
total shareholding of Alison Traversoni (including shares held by
the SIP Trustees for the benefit of Alison Traversoni) is
617,564.
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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