Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities (PDMRs) and Connected Persons
The Legal & General Group Plc Performance Share Plan 2004 (PSP)
On 10 April 2013 Legal & General Group Plc (the Company) received notification that the following Directors and PDMRs had exercised an option under the terms of the PSP.
Name |
Director/ PDMR |
Award Granted on 6 May 2009 |
Nil-cost options exercised on 8 April 2013 |
Shares sold on 8 April 2013 at a price of 167.425p per ordinary share* |
Shares retained by individual and their connected persons |
Nigel Wilson |
Director |
1,194,539 |
1,194,539 |
561,434 |
633,105 |
Mark Gregory |
Director |
798,969 |
798,969 |
375,516 |
423,453 |
John Pollock |
Director |
953,608 |
953,608 |
448,196 |
505,412 |
On 11 April 2013 the Company received notification that the following PDMR had exercised an option under the terms of the PSP.
Name |
Director/ PDMR |
Award Granted on 6 May 2009 |
Nil-cost options exercised on 10 April 2013 |
Shares sold on 10 April 2013 at a price of 169.41p per ordinary share* |
Shares retained by individual and their connected persons |
Philippa Scott |
PDMR |
216,494 |
216,494 |
101,753 |
114,741 |
*Shares sold to meet tax and national insurance liability.
Legal & General Executive Share Option Scheme (ESOS)
On 11 April 2013 the Company also received notification that the following PDMR had exercised an option under the ESOS.
Name |
Director/ PDMR |
Award Granted on 10 April 2003 |
Nil-cost options exercised on 9 April 2013 |
Shares sold on 9 April 2013 at a price of 167.617p per ordinary share |
Geoffrey Timms |
PDMR |
22,647 |
22,647 |
22,647 |
Legal & General Group 2009 Savings-Related Share Option Scheme (SAYE)
On 11 April 2013 the Company also received notification that options had been granted under the terms of the SAYE, at an exercise price of 136p each, to the Director and PDMR named below. These awards were consequent to an invitation made to all employees.
Name |
Director/ PDMR |
Option granted on 10 April 2013 |
Dates exercisable |
Wadham Downing |
PDMR |
11,029 |
01/06/2018 - 01/12/2018 |
John Pollock |
Director |
11,029 |
01/06/2018-01/12/2018 |
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: |
11 April 2013 |