Director/PDMR Shareholding

RNS Number : 5874H

Legal & General Group Plc

21 June 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 21 June 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 and PDMR 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 20 June 2013 at an exercise price of 168.0 pence per ordinary share	Shares retained by individual via external nominees
Nigel Wilson	Director	1,256,004	1,256,004	1,256,004	665,682*
Paul Stanworth	PDMR	181,605	181,605	181,605	96,250**

       *  590,322 shares sold to meet tax and national insurance liability.

       ** 85,355 shares 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:	21 June 2013

 

END

 

 

RDSKFLBLXQFXBBQ