TIDMLSL

RNS Number : 7820V

LSL Property Services

10 April 2019

LSL Property Services plc

("the Company")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons

In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR3, LSL was notified on 10(th) April 2019 that the following Directors and PDMRs were granted options to purchase ordinary shares of 0.2p in the Company under the Company's save as you earn option scheme (SAYE):

 
 Ian Crabb, Group Chief Executive 
  Office 
 Helen Buck, Executive Director 
  - Estate Agency 
 Jon Round, PDMR 
 Ronan Jennings, PDMR 
 

The 2019 SAYE is an all employee scheme approved by HM Revenue and Customs.

The 2019 SAYE exercise price for the options granted is GBP2.65 per ordinary share of 0.2p and the options are exercisable at the end of the three year saving plan. Ian Crabb, Helen Buck and Jon Round each received options in relation to 2,037 ordinary shares of 0.2p and Ronan Jennings received options in relation to 3,396 ordinary shares of 0.2p which are exercisable between 1(st) June 2022 and 30(th) November 2022.

The information set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Ian Crabb 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 a)   Position/Status                            Group Chief Executive 
                                                  Officer 
     -----------------------------------------  --------------------------- 
 b)   Initial notification/Amendment             Initial notification 
     -----------------------------------------  --------------------------- 
 3    Details of the issuer, emission 
       allowance market participation, 
       auction platform, auctioneer or 
       auction monitor 
     -----------------------------------------  --------------------------- 
 a)   Name                                       LSL Property Services 
                                                  plc 
     -----------------------------------------  --------------------------- 
 b)   LEI                                        213800T4VM5VR3C7S706 
     -----------------------------------------  --------------------------- 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type 
       of instrument; (ii) each type of 
       transaction; (iii) each date; and 
       (iv) each place where transactions 
       have been conducted. 
     -----------------------------------------  --------------------------- 
 a)   Description of the financial instrument,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
       Identification code                        Services plc 
                                                  GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of options made 
                                                  pursuant to the LSL 
                                                  Property Services plc 
                                                  save as you earn scheme. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   GBP2.65     2,037 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    10(th) April 2019 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Helen Buck 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 a)   Position/Status                            Executive Director 
                                                  - Estate Agency 
     -----------------------------------------  --------------------------- 
 b)   Initial notification/Amendment             Initial notification 
     -----------------------------------------  --------------------------- 
 3    Details of the issuer, emission 
       allowance market participation, 
       auction platform, auctioneer or 
       auction monitor 
     -----------------------------------------  --------------------------- 
 a)   Name                                       LSL Property Services 
                                                  plc 
     -----------------------------------------  --------------------------- 
 b)   LEI                                        213800T4VM5VR3C7S706 
     -----------------------------------------  --------------------------- 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type 
       of instrument; (ii) each type of 
       transaction; (iii) each date; and 
       (iv) each place where transactions 
       have been conducted. 
     -----------------------------------------  --------------------------- 
 a)   Description of the financial instrument,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
       Identification code                        Services plc 
                                                  GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of options made 
                                                  pursuant to the LSL 
                                                  Property Services plc 
                                                  save as you earn scheme. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   GBP2.65     2,037 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    10(th) April 2019 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Jon Round 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 a)   Position/Status                            PDMR 
     -----------------------------------------  --------------------------- 
 b)   Initial notification/Amendment             Initial notification 
     -----------------------------------------  --------------------------- 
 3    Details of the issuer, emission 
       allowance market participation, 
       auction platform, auctioneer or 
       auction monitor 
     -----------------------------------------  --------------------------- 
 a)   Name                                       LSL Property Services 
                                                  plc 
     -----------------------------------------  --------------------------- 
 b)   LEI                                        213800T4VM5VR3C7S706 
     -----------------------------------------  --------------------------- 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type 
       of instrument; (ii) each type of 
       transaction; (iii) each date; and 
       (iv) each place where transactions 
       have been conducted. 
     -----------------------------------------  --------------------------- 
 a)   Description of the financial instrument,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
       Identification code                        Services plc 
                                                  GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of options made 
                                                  pursuant to LSL Property 
                                                  Services plc save as 
                                                  you earn scheme. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   GBP2.65     2,037 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    10(th) April 2019 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Ronan Jennings 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 a)   Position/Status                            PDMR 
     -----------------------------------------  --------------------------- 
 b)   Initial notification/Amendment             Initial notification 
     -----------------------------------------  --------------------------- 
 3    Details of the issuer, emission 
       allowance market participation, 
       auction platform, auctioneer or 
       auction monitor 
     -----------------------------------------  --------------------------- 
 a)   Name                                       LSL Property Services 
                                                  plc 
     -----------------------------------------  --------------------------- 
 b)   LEI                                        213800T4VM5VR3C7S706 
     -----------------------------------------  --------------------------- 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type 
       of instrument; (ii) each type of 
       transaction; (iii) each date; and 
       (iv) each place where transactions 
       have been conducted. 
     -----------------------------------------  --------------------------- 
 a)   Description of the financial instrument,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
       Identification code                        Services plc 
                                                  GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of options made 
                                                  pursuant to LSL Property 
                                                  Services plc save as 
                                                  you earn scheme. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   GBP2.65     3,396 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    10(th) April 2019 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 

For further information please contact:

Sapna B FitzGerald, Company Secretary

LSL Property Services plc

01904 698 850

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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