Director/PDMR Shareholding

RNS Number : 4595X
Legal & General Group Plc
29 April 2019
 

Legal & general group plc

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

 

 

On 29 April 2019 the Company received notification that restricted shares awarded on 21 April 2016 had vested on 21 April 2019 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP) in respect of the PDMR named below. 

 

The following notifications made in accordance with articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP award.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Gadd

2

Reason for the notification

a)

Position/status

Group Chief Risk Officer/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.   Exercise of SBP award of nil cost options over 20,568 shares.

2.   Sale of 20,568 shares.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume

1.   Nil cost

1.   20,568

2.   £2.772

2.   20,568

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   20,568

1.   £0.00




2.   Price

2.   Volume

2.   Total

2.   £2.772

2.   20,568

2.   £ 57,014.50

e)

Date of the transaction

28 April 2019

f)

Place of the transaction

London Stock Exchange, XLON

 

29 April 2019

 

Daniella Newson

Assistant Company Secretary

Legal & General Group Plc

Tel: 0203 124 2107

 

 

 


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