Director/PDMR Shareholding

RNS Number : 0324H

London Stock Exchange Group PLC

10 March 2015

 



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

Acquisition and sale of shares to meet PAYE, National Insurance and dealing costs under the terms of the London Stock Exchange Group Restricted Share Award Plan 2008 ('the Plan')

London Stock Exchange Group plc was notified on 9 March that on 6 March 2015 Suneel Bakhshi 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 6 March 2015 on the London Stock Exchange to satisfy PAYE, National Insurance and dealing costs.  The awards were made on 5 February 2014 and the First Tranche, being 50% of the total number of shares granted, became exercisable on 5 March 2015, in accordance with the Plan rules and the specific conditions required for vesting.

London Stock Exchange Group plc was also notified on 9 March that on 6 March 2015 Suneel Bakhshi transferred the balance of the Shares to Kamal Bakhshi (a connected person) for no consideration.

Details of the award, number of Shares sold and the resulting Shares transferred to Suneel Bakhshi and subsequently to Kamal Bakhshi are shown below:

PDMR	Number of shares vested	Number of Shares sold and price per Share	Resulting number of Shares transferred to PDMR for no consideration	Shares transferred by PDMR to connected person for no consideration
Suneel Bakhshi	14,945	7,029 to satisfy PAYE, National Insurance and dealing costs at £24.17	7,916	7,916 Shares transferred to Kamal Bakhshi, a connected person for no consideration

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

10 March 2015

 

END

 

 

RDSLLFLLVEIILIE