Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities (PDMRs) and Connected Persons
Legal & General Group 2009 Savings Related Share Option Scheme (SAYE) - Grant of Share Options
On 7 April 2017, Legal & General Group Plc (the "Company") received notification that options had been granted on 7 April 2017 under the terms of the SAYE Scheme, at an option price of 201 pence each, in respect of the director named below. These awards were consequent to an invitation made to all employees.
Name |
Director / PDMR |
SAYE options granted
|
Maturity Date |
Jeff Davies |
Group Chief Financial Officer/Director |
1,791 |
01/06/2020
|
This disclosure relates to transactions notified in accordance with DTR 3.1.4R (1)(a).
|
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Jeff Davies |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Group Chief Financial Officer/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 |
Three-year option over 1,791 shares granted under the terms of the SAYE Scheme. |
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
£2.01 |
1,791 |
||
d) |
Aggregated information - Aggregated volume - Price |
N/A (Single Transaction) |
|
e) |
Date of the transaction |
7 April 2017 |
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
11 May 2017
Helen Baker
Deputy Company Secretary
Legal & General Group Plc
Tel: 020 3124 2139