TIDMLSL

RNS Number : 3984X

LSL Property Services

05 May 2016

LSL Property Services plc

"LSL" or "the Company"

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) 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) May 2016, that the following transactions on behalf of the following LSL Directors/PDMRs took place in relation to the Company's Share Incentive Plan ("SIP") on 3(rd) May 2016.

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 a total of 4,672 ordinary shares on 3(rd) May 2016 at a total cost of GBP13,899.64. The shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below:

 
Director/PDMR    0.2p ordinary     Price per    Total shareholding 
 details          shares acquired   share paid   post transaction 
                                                 (including 
                                                 shares held 
                                                 by the SIP 
                                                 on behalf 
                                                 of the director/PDMR) 
                                                 as at 04(th) 
                                                 May 2016 
---------------  ----------------  -----------  ---------------------- 
Ian Crabb, 
 Group CEO       50                GBP2.98      1358 
---------------  ----------------  -----------  ---------------------- 
Adrian Gill, 
 Executive 
 Director, 
 Estate Agency   50                GBP2.98      448 
---------------  ----------------  -----------  ---------------------- 
Jon Round, 
 PDMR            50                GBP2.98      211,531 
---------------  ----------------  -----------  ---------------------- 
 

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

For further information, please contact:

Sapna B FitzGerald, Company Secretary

01904 698 850

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 05, 2016 09:11 ET (13:11 GMT)

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