LSL Property Services Director/PDMR Shareholding (6842M)
May 08 2015 - 10:39AM
UK Regulatory
TIDMLSL
RNS Number : 6842M
LSL Property Services
08 May 2015
LSL Property Services plc
8(th) May 2015
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 8(th) May 2015,
that the following transaction took place in relation to the
Company's Share Incentive Plan ("SIP") on 7(th) May 2015:
Ian Crabb, the Group CEO purchased 16 ordinary shares of 0.2p,
at a price of GBP3.60 per ordinary share on the 7(th) May 2015
through his participation in the SIP, under the dividend
reinvestment plan. Following this transaction Ian Crabb's total
shareholding in LSL (including shares held by the SIP Trustees for
the benefit of Ian Crabb) is 784.
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 5,768 ordinary shares on 7(th) May 2015
at a total cost of GBP20,765. The shares were acquired by purchase
in the market and allocated to employees participating in the
SIP.
This notification is made in order to satisfy both section 793
of the Companies Act 2006 and Disclosure and Transparency Rule
3.1.2.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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