Acquisition and sale to meet PAYE, National Insurance and dealing costs of shares under the terms of the Long Term Incentive Plan ('the Plan')
London Stock Exchange Group plc has today been notified that on 8 June 2012 Xavier Rolet 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 sufficient Shares had been sold on 8 June 2012 to satisfy PAYE, National Insurance and dealing costs. The awards were made on 17 March 2009 and vested to the extent that performance conditions were met on 18 May 2012, in accordance with the Plan rules and the specific performance conditions required for vesting.
Details of the award, number of Shares sold and the resulting Shares transferred to Xavier Rolet are shown below:
PDMR |
Number of shares vested |
Number of Shares sold |
Resulting number of Shares transferred to PDMR for no consideration |
Xavier Rolet |
185,813 |
96,683 to satisfy PAYE, National Insurance and dealing costs at £9.75
|
89,130 |
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: 020 7797 1000
Name and signature of duly authorised officer of issuer responsible for making notification
Lisa Condron
Date of notification
12 June 2012