Director/PDMR Shareholding (R

RNS Number : 0003X

London Stock Exchange Group PLC

18 June 2008

 

The following amendment has been made to the Director/PDMR Shareholding announcement released today at 12:09 under RNS number 9961W.

The table containing details of the Matching Award incorrectly referred to Clara Furse, instead of John Wallace.

All other details remain unchanged.  The full amended text is shown below.

London Stock Exchange GROUP plc (the Company)

18 June 2008

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Acquisition of shares under the terms of the London Stock Exchange 2004 Long Term Incentive Plan

On 17 June 2008 London Stock Exchange Group plc was notified that on that date John Wallace purchased 3,154 ordinary shares of 6 79/86 pence each in the Company (Shares).  John Wallace is participating in the London Stock Exchange Long Term Incentive Plan 2004 (the LTIP) whereby an employee undertakes to use a percentage of their bonus to purchase Shares in the Company (Invested Shares) and, in return, is granted a matching award of Shares.  

In return for John Wallace purchasing Invested Shares the Company has granted him matching awards over such number of Shares that equals two times the value of Shares that he could have bought had the investment of his bonus been made on a pre-tax basis (the Matching Award). 

Director/PDMR	Number and percentage of issued class of Invested Shares purchased of which the trustee is the registered holder	Number of Shares conditionally awarded under the Matching Award	Total beneficial holding of Shares and total percentage beneficial holding following notification
John Wallace	3,154 shares at a price of £ 9.5100 per share 0.001%	10,909	46,806 0.02%

To be eligible to receive the Matching Award, directors and senior executives must hold their Invested Shares and remain in employment for a period of three years from the date of grant of the Matching Award. The actual number of Shares transferred to a director or senior executive on the vesting of the Matching Award will depend on the extent to which a corporate performance target is satisfied over the three-year vesting period.  

Full details of the LTIP are provided in the report on directors' remuneration in the London Stock Exchange Group plc 2008 Annual Report.

This notification relates to a disclosure made in accordance with Disclosure Rule 3.1.4R(1)(a).

Name of contact and telephone number for queries

Lisa Condron, Company Secretary Tel: [phone]

Name and signature of duly authorised officer of issuer responsible for making notification

Lisa Condron

Date of notification

18 June 2008

 

END

 

 

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