Director/PDMR Shareholding

RNS Number : 8867F

Legal & General Group Plc

30 May 2013

 



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)

On 29 May 2013 Legal & General Group Plc (the Company) received notification that nil-cost options had been exercised under the terms of the PSP, in respect of the Director named below. The vesting of these shares was announced on 17 May 2013. 100% of the PSP awards granted on 4 May 2010 vested on 10 May 2013 following achievement of the performance criteria as set out in the Directors' Remuneration Report published on 18 April.

Name	Director/ PDMR	Award Granted on 4 May 2010	Nil-cost options vested on 10 May 2013	Nil-cost options exercised on 26 May 2013 at an exercise price of 179.95p per ordinary share	Shares retained by individual
Mark Gregory	Director	843,585	843,585	843,585	447,100*

 * 396,485 shares were sold to meet tax and national insurance liability.

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

These transactions took place in London.

Name of person making notification:	Claire Singleton
Contact number:	020 3124 2149
Date of notification:	30 May 2013

 

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