Director/PDMR Shareholding

RNS Number : 1102L

London Stock Exchange Group PLC

26 July 2011

 



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

Acquisition and sale to meet PAYE liabilities of shares under the terms of the London Stock Exchange 2008 Long Term Incentive Plan ('the Plan')

On 26 July 2011 London Stock Exchange Group plc was notified that on 25 July 2011 certain of its senior executives received ordinary shares of 6 79/86 pence in London Stock Exchange Group plc ('Shares') following the vesting of awards made under the Plan and that some of those Shares had been sold on 25 July 2011 either to meet PAYE and National Insurance liabilities and dealing costs or to receive cash settlement.  The awards were made on 23 July 2008 and vested in full on 23 July 2011 in accordance with the Plan rules and the specific performance conditions required for vesting.

The individual awards, number of Shares sold and the resulting Shares transferred to the individuals are shown in the following table:

Director/PDMR	Number of shares vested	Number of Shares sold	Resulting number of Shares transferred to Director/PDMR for no consideration
Doug Webb	14,047	7,320 to meet PAYE, National Insurance and dealing costs at £10.422717	6,727 (registered in the name of Rachel Webb a connected person)
Raffaele Jerusalmi	8,947	8,947 at £10.422717	N/A
David Lester	12,770	6,654 to meet PAYE, National Insurance and dealing costs at £10.422717	6,116

Full details of the Plan are provided in the report on directors' remuneration in the London Stock Exchange Group plc 2011 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

26 July 2011

 

END

 

 

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