Director/PDMR Shareholding

RNS Number : 9834J

Legal & General Group Plc

14 August 2012

 



Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities (PDMRs) and Connected Persons

The Legal & General Group Plc Performance Share Plan 2004 (PSP)

In accordance with the information provided in the announcement dated 10 May 2012 in respect of Nigel Wilson's appointment as Group Chief Executive and his subsequent compensation arrangements, Legal & General Group Plc (the "Company") received notification that Nigel Wilson has today been awarded a nil cost option over 291,765 ordinary shares of 2.5p under the terms of the PSP at an award price of 131.27 pence per ordinary share, representing the top up to 200% of his increased base salary.

The performance period in respect of the PSP award will end on 13 August 2015. The performance conditions attached to the PSP award will be tested after 13 August 2015 and the vesting percentage confirmed at that time. Participants can exercise their options at any time between the date on which the vesting percentage is confirmed and the day before the fifth anniversary of the award date.

This disclosure relates to transactions notified in accordance with DTR 3.1.4R(1)(a). 

Name of person making notification:	Natasha Mora
Contact number:	020 3124 2100
Date of notification:	14 August 2012

 

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