LSL Property Services PLC Director/PDMR Shareholding (4716L)
May 13 2022 - 6:59AM
UK Regulatory
TIDMLSL
RNS Number : 4716L
LSL Property Services PLC
13 May 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 12(th) May 2022 of
the following share purchases by its Executive Directors, which
took place on 12(th) May 2022.
Director details Number of shares Total shareholding
acquired post transaction
(including shares
held by the SIP
on behalf of the
director) as at
12 May 2022
David Stewart, Group CEO 16,794 17,428
Adam Castleton, Group CFO 8,541 15,364
Helen Buck, Executive Director,
Estate Agency 8,541 30,017
These purchases were made in accordance with LSL's Directors'
Remuneration Policy (Policy), which requires each Executive
Director to use a proportion of their annual bonus (net of tax) to
purchase shares in LSL.
The purchases were made using the 2021 annual bonus payments,
which were paid to the Directors in March 2022. The shares are
subject to retention requirements and contribute towards each
Directors' adherence to LSL's 'Executive share ownership
guidelines' which form part of the Policy.
D etails of Executive Director remuneration and the Policy can
be found in LSL's Annual Report and Accounts 2021 (available on
LSL's website).
Set out below is a notification made in accordance with Article
19 of the UK Market Abuse Regulation.
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 David Stewart
----------------------------------------- ---------------------------
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
Services plc
Identification code
GB00B1G5HX72
----------------------------------------- ---------------------------
b) Nature of transaction Purchase of shares
in LSL in accordance
with the Company's
Directors' Remuneration
Policy.
----------------------------------------- ---------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP4.02 16,794
----------
----------------------------------------- ---------------------------
d) Aggregated information Not applicable
* Aggregated volume
* Price
----------------------------------------- ---------------------------
e) Date of the transaction 12 May 2022
----------------------------------------- ---------------------------
f) Place of the transaction London Stock Exchange
----------------------------------------- ---------------------------
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 Adam Castleton
----------------------------------------- ---------------------------
2 Reason for notification
----------------------------------------- ---------------------------
a) Position/Status Group Chief Financial
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
Services plc
Identification code
GB00B1G5HX72
----------------------------------------- ---------------------------
b) Nature of transaction Purchase of shares
in LSL in accordance
with the Company's
Directors' Remuneration
Policy.
----------------------------------------- ---------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
4.02 8,541
----------
----------------------------------------- ---------------------------
d) Aggregated information Not applicable - single
* Aggregated volume transaction
* Price
----------------------------------------- ---------------------------
e) Date of the transaction 12 May 2022
----------------------------------------- ---------------------------
f) Place of the transaction London Stock Exchange
----------------------------------------- ---------------------------
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 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
Services plc
Identification code
GB00B1G5HX72
----------------------------------------- ---------------------------
b) Nature of transaction Purchase of shares
in LSL in accordance
with the Company's
Directors' Remuneration
Policy.
----------------------------------------- ---------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP4.02 8,541
----------
----------------------------------------- ---------------------------
d) Aggregated information Not applicable - single
* Aggregated volume transaction
* Price
----------------------------------------- ---------------------------
e) Date of the transaction 12 May 2022
----------------------------------------- ---------------------------
f) Place of the transaction London Stock Exchange
----------------------------------------- ---------------------------
For further information, please contact:
Sapna B FitzGerald, Company Secretary
investorrelations@lslps.co.uk
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END
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