Director/PDMR Shareholding

RNS Number : 1763G

London Stock Exchange Group PLC

03 June 2013

 



London Stock Exchange Group plc ("the Company")

3 June 2013

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

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

The Company has received notification that Xavier Rolet purchased 13,160 ordinary shares of 6 79/86 pence each in the Company.

Date of Purchase	Number of Shares
31 May 2013	1,000 ordinary shares at a price of £14.15 per share through his US Individual Retirement Account
31 May 2013	2,720 ordinary shares at a price of £14.18 per share through Killik & Co
3  June 2013	9,440 ordinary shares at a price of £13.98 per share through Brewin Dolphin Limited

Xavier Rolet is participating in the London Stock Exchange Long Term Incentive Plan ("LTIP") whereby an employee undertakes to purchase Shares in the Company (Investment Shares) and, in return, is granted a matching award of Shares. 

In return for Xavier Rolet purchasing Investment Shares the Company will grant him matching awards over such number of Shares that equals two times the number of Shares that Xavier Rolet could have bought had the investment been made on a pre-tax basis (the Matching Award).

To be eligible to receive the Matching Award, directors and senior executives must hold their Investment 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 corporate performance targets are satisfied over the three-year vesting period. 

Full details of the LTIP are provided in the Directors' Remuneration Report in the London Stock Exchange Group plc 2012 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 June 2013

 

END

 

 

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