LSL Property Services PLC Director/PDMR Shareholding (5641Z)

TIDMLSL

RNS Number : 5641Z

LSL Property Services PLC

25 January 2022

LSL Property Services plc (LSL)

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

In accordance with DTR 3, LSL was notified on 24 January 2022 that Simon Embley (Non-Executive Director of LSL) had exercised nil-cost options over ordinary shares of 0.2p each in LSL.

The exercised options were received by Simon in 2012, pursuant to LSL's LTIP* plan and were subject to performance conditions. The options are due to lapse in April 2022, accordingly Simon has exercised his options prior to the expiry of the exercise period, and he has acquired 58,333 shares.

Following this exercise, Simon's total shareholding in LSL is 6,835,624.

*Long Term Incentive Plan

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                                       Simon Embley 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 a)   Position/Status                            Non Executive Director 
     -----------------------------------------  --------------------------- 
 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                      Shares acquired by 
                                                  exercising options 
                                                  received pursuant to 
                                                  LSL Property Services 
                                                  plc Long Term Incentive 
                                                  Plan. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   Nil         58,333 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                 Price     Aggregate 
             *    Aggregated volume                           Volume 
                                                   GBPNil    58,333 
                                                            ---------- 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    22 January 2022 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  ---------------------------

For further information, please contact:

Sapna B FitzGerald, Company Secretary

investorrelations@lslps.co.uk

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END

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