Company Announcements

Director/PDMR share dealing

Source: RNS
RNS Number : 8738C
LSL Property Services PLC
23 June 2021
 

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 that Adam Castleton (Group Chief Finance Officer) and Jon Round (PDMR) each acquired 0.2p ordinary shares in LSL on 22nd June 2021 following the exercise of options received in 2018 pursuant to LSL's 2018 save as you earn option scheme (SAYE).  The details of the exercise are set out in the table below.

The 2018 SAYE is an all-employee scheme approved by HM Revenue and Customs. The 2018 SAYE exercise price for the options granted was £2.45 per ordinary share of 0.2p and the options became exercisable at the end of the three-year saving plan, on 1st June 2021.

Following the above transactions, Adam Castleton and Jon Round's shareholding in LSL (including shares held in LSL's Share Incentive Plan (SIP)) is set out below.

 

Details of Director or PDMR

Number of shares acquired

Total number of shares following transaction(s) (including shares held in LSL's SIP)

Adam Castleton, PDMR

SAYE18: 1,469

6,182

Jon Round, PDMR

SAYE18: 881

117,142

 

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, type of instrument

 

 

Identification code

Ordinary shares of 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Shares acquired by exercising options received pursuant to LSL's Save As You Earn scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.45

1,469

 

d)

Aggregated information

-       Aggregated volume

-       Price

Price

Aggregate Volume

£2.45

1,469

 

e)

Date of the transaction

22nd June 2021

f)

Place of the transaction

Outside a trading venue

 

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

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, type of instrument

 

 

Identification code

Ordinary shares of 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Shares acquired by exercising options received pursuant to LSL's Save as You Earn scheme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.45

881

 

d)

Aggregated information

-       Aggregated volume

-       Price

Price

Aggregate Volume

£2.45

881

 

e)

Date of the transaction

22nd June 2021

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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