Director/PDMR Shareholding

RNS Number : 5276L

Legal & General Group Plc

19 April 2018

 

Legal & general group plc

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

On 18 April 2018 the Company received notification that restricted shares awarded on 14 April 2015 had vested on 14 April 2018 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 14 April 2015	Number of shares vested on 14 April 2018	Shares sold to cover tax and social security at a share price of 271.1p	Shares retained by individual
Nigel Wilson	Director	228,989	228,989	228989	0
Mark Zinkula	Director	157,295	157,295	74,480	82,815
Kerrigan Procter	Director	77,063	77,063	36,220	40,843
Laura Mason	PDMR	26,672	26,672	26,672	0
Bernard Hickman	PDMR	10,931	10,931	5,139	5,792
Cristopher Knight	PDMR	21,474	21,474	10,093	11,381
Agius Cheryl	PDMR	1,311	1,311	1,311	0

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 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	1.   Vesting/transfer of 228,989 restricted shares awarded under the terms of the SBP. 2.   Sale of 228,989 shares.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   228,989
		2.   £2.711	2.   228,989
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.  Total
		1.   £0.00	1.  228,989	1.  £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.711	2.  228,989	2.  620,789.179
e)	Date of the transaction	14 April 2018
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 157,295 restricted shares awarded under the terms of the SBP. 2.   Sale of 74,480 shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   157,295
		2.   £2.711	2.   74,480
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.   Total
		1.   £0.00	1.  157,295	1.    £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.711	2.  74,480	2.  201,915.280
e)	Date of the transaction	14 April 2018
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 Capital/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 77,063 restricted shares awarded under the terms of the SBP. 2.   Sale of 36,220 shares.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   77,063
		2.   £2.711	2.   36,220
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.   Total
		1.   £0.00	1.  77,063	1.    £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.711	2.  36,220	2.  98,192.42
e)	Date of the transaction	14 April 2018
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Laura Mason
2	Reason for the notification
a)	Position/status	CEO, LGR Institutional/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 26,672 restricted shares awarded under the terms of the SBP. 2.   Sale of 26,672 shares
c)	Price(s) and volume(s)	Price(s)	Volume
		1.   Nil cost	1.   26,672
		2.   £ 2.711	2.   26,672
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   26,672	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £ 2.711	2.   26,672	2.   £72,307.792
e)	Date of the transaction	14 April 2018
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 10,931 restricted shares awarded under the terms of the SBP. 2.   Sale of 5,139 shares to cover tax and social security. The balance of 5,792 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   10,931
		2.   £2.711	2.   5,139
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.  Total
		1.   £0.00	1.  10,931	1.  £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.711	2.  5,139	2.  13,931.829
e)	Date of the transaction	14 April 2018
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Christopher Knight
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Legal & General Retirement/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 21,474 restricted shares awarded under the terms of the SBP. 2.   Sale of 10,093 shares.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   Nil cost	1.   21,474
		2.   £2.516	2.   10,093
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1. Volume	1.   Total
		1.   £0.00	1.  21,474	1.    £0.00
		2.   Price	2.  Volume	2.  Total
		2.   £2.711	2.  10,093	2.  27,362.123
e)	Date of the transaction	14 April 2018
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Cheryl Agius
2	Reason for the notification
a)	Position/status	Chief Executive Officer, General Insurance business/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 1,311 restricted shares awarded under the terms of the SBP. 2.   Sale of 1,311 shares.
c)	Price(s) and volume(s)	Price(s)	Volume
		1.   Nil cost	1.   1,311
		2.   £ 2.711	2.   1,311
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   1,311	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £ 2.711	2.   1,311	2.   £3,554.121
e)	Date of the transaction	14 April 2018
f)	Place of the transaction	London Stock Exchange, XLON

19 April 2018

Olaitan Popoola

Assistant Company Secretary

Legal & General Group Plc

Tel: [phone]

 

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