Director/PDMR Shareholding

RNS Number : 2848Y

London Stock Exchange Group PLC

03 July 2008

 



London Stock Exchange GROUP plc (the Company)

3 July 2008

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

Grant of Matching Award under the terms of the London Stock Exchange 2004 Long Term Incentive Plan

On 3 July 2008 London Stock Exchange Group plc was notified that on 27 June 2008 for Raffaele Jerusalmi and Daniela Toscani and on 30 June 2008 for Massimo Capuano, in return for their purchase of Invested Shares, the Company has granted them matching awards (pursuant to the London Stock Exchange Long Term Incentive Plan 2004 (the LTIP) over such number of Shares that equals two times the pre-tax equivalent value of the Invested Shares (the Matching Award). 

Director/PDMR	Number and percentage of issued class of shares designated as Invested Shares	Number of Shares conditionally awarded under the Matching Award	Total beneficial holding of Shares and total percentage beneficial holding following notification
Massimo Capuano	14,739 shares at a price of £10.37 per share 0.005%	73,724	161,939 0.06%
Raffaele Jerusalmi	5,208 shares at a price of £10.37 per share 0.002%	26,049	19,011 0.007%
Daniela Toscani	4,099 shares at a price of £10.37 per share and a further 706 shares at £8.02 0.002%	19,657	6096 0.002%

Shares purchased at £10.37 were recorded in an RNS dates 30 May 2008.

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

3 July 2008

 

END

 

 

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