Director/PDMR Shareholding

RNS Number : 1758D

Legal & General Group Plc

24 April 2017

 

Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

On 21 April 2017 the Company received notification that restricted shares awarded on 15 April 2014 had vested on 15 April 2017 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Directors and PDMRs named below.  

Name	Director/ PDMR	Number of shares awarded on 15 April 2014	Number of shares vested on 15 April 2017	Shares sold to cover tax and social security at a share price of 251.6p	Shares retained by individual
Nigel Wilson	Director	140,565	140,565	66,066	74,499
Kerrigan Procter	Director	85,106	85,106	40,000	45,106
Mark Zinkula	Director	136,186	136,186	64,485	71,701
Bernard Hickman	PDMR	3,428	3,428	1,612	1,816
Paul Stanworth	PDMR	56,737	56,737	26,667	30,070

The following notification made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nigel Wilson
2	Reason for the notification
a)	Position/status	Group Chief Executive/Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Legal & General Group Plc
b)	LEI	213800JH9QQWHLO99821
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 £0.025 each, with voting rights attached  GB0005603997
b)	Nature of transaction	1.   Vesting/transfer of 140,565 restricted shares awarded under the terms of the SBP. 2.   Sale of 66,066 shares to cover tax and social security. The balance of 74,499 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   140,565
		2.   £2.516	2.   66,066
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.  Total
		1.   £0.00	1.  140,565	1.  £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.516	2.  66,066	2.  166,222.06
e)	Date of the transaction	15 April 2017
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kerrigan Procter
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Legal & General Retirement/Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Legal & General Group Plc
b)	LEI	213800JH9QQWHLO99821
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 £0.025 each, with voting rights attached  GB0005603997
b)	Nature of transaction	1.   Vesting/transfer of 85,106 restricted shares awarded under the terms of the SBP. 2.   Sale of 40,000 shares to cover tax and social security. The balance of 45,106 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   85,106
		2.   £2.516	2.   40,000
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.   Total
		1.   £0.00	1.  85,106	1.    £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.516	2.  40,000	2.  100,640.00
e)	Date of the transaction	15 April 2017
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Zinkula
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Legal & General Investment Management Limited/Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Legal & General Group Plc
b)	LEI	213800JH9QQWHLO99821
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 £0.025 each, with voting rights attached  GB0005603997
b)	Nature of transaction	1.   Vesting/transfer of 136,186 restricted shares awarded under the terms of the SBP. 2.   Sale of 64,485 shares to cover tax and social security. The balance of 71,701 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume
		1.   Nil cost	1.   136,186
		2.   £2.516	2.   64,485
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   136,186	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.516	2.   64,485	2.   £162,244.26
e)	Date of the transaction	15 April 2017
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bernard Hickman
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Legal & General Insurance/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Legal & General Group Plc
b)	LEI	213800JH9QQWHLO99821
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 £0.025 each, with voting rights attached  GB0005603997
b)	Nature of transaction	1.   Vesting/transfer of 3,428 restricted shares awarded under the terms of the SBP. 2.   Sale of 1,612 shares to cover tax and social security. The balance of 1,816 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume
		1.   Nil cost	1.   3,428
		2.   £2.516	2.   1,612
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   3,428	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.516	2.   1,612	2.   £4,055.79
e)	Date of the transaction	15 April 2017
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Paul Stanworth
2	Reason for the notification
a)	Position/status	Managing Director, Legal & General Capital/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Legal & General Group Plc
b)	LEI	213800JH9QQWHLO99821
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 £0.025 each, with voting rights attached  GB0005603997
b)	Nature of transaction	1.   Vesting/transfer of 56,737 restricted shares awarded under the terms of the SBP. 2.   Sale of 26,667 shares to cover tax and social security. The balance of 30,070 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume
		1.   Nil cost	1.   56,737
		2.   £2.516	3.   26,667
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   56,737	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.516	2.   26,667	2.   £67,094.17
e)	Date of the transaction	15 April 2017
f)	Place of the transaction	London Stock Exchange, XLON

24 April 2017

Helen Baker

Deputy Company Secretary

Legal & General Group Plc

Tel: [phone]

 

END

 

 

DSHQZLFLDZFFBBX