LSL Property Services Director/PDMR Shareholding (2707W)
November 05 2014 - 11:33AM
UK Regulatory
TIDMLSL
RNS Number : 2707W
LSL Property Services
05 November 2014
5(th) November 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 4(th) November
2014, that the following transaction took place in relation to the
Company's Share Incentive Plan on 3(rd) November 2014.
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 2,483 ordinary shares on 3(rd) November
2014 at a total cost of GBP7,746. The shares were acquired by
purchase in the market and allocated to employees participating in
the SIP partnership shares.
Ian Crabb, the Group CEO purchased 48 ordinary shares of 0.2p,
at a price of GBP3.12 per ordinary share on the 3(rd) November
2014. Following these transactions Ian Crabb's total shareholding
in LSL (including shares held by the SIP Trustees for the benefit
of Ian Crabb) is 480. Ian Crabb's total shareholding was
incorrectly reported on 2(nd) October 2014 as 497. At this date his
holding was 432.
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
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