LSL Property Services Director/PDMR Shareholding (2469G)

TIDMLSL

RNS Number : 2469G

LSL Property Services

02 May 2014

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) May 2014, that the following transaction took place in relation to the Company's Save As You Earn Scheme (SAYE).

The SAYE is an all-employee scheme approved by HM Revenue and Customs.

Pursuant to the SAYE launched in 2011, employees were entitled to buy ordinary shares in the Company of 0.2p each at a price of GBP2.57.

The following Executive Directors exercised their option to acquire ordinary shares of 0.2p, at a price of GBP2.57 per ordinary share on the dates set out below:

 
Director      Number of shares acquired  Date shares acquired 
Steve Cooke   3,511                       2(nd) May 2014 
Simon Embley  3,511                       2(nd) May 2014 
David Newnes  3,511                       2(nd) May 2014

As a result of the above transactions, the shareholdings of the above mentioned Executive Directors are as follows:

 
Director       Total holding (including shares held by connected persons)  Percentage of shareholding 
Steve Cooke    43,511                                                      0.04% 
Simon Embley   6,069,509                                                   5.83% 
David Newnes   3,458,259                                                   3.32%

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.4R(1).

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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