Director/PDMR share dealing

RNS Number : 8738C

LSL Property Services PLC

23 June 2021

 

LSL Property Services plc ("LSL")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility ("PDMRs") or Connected Persons

In accordance with DTR 3, LSL was notified that Adam Castleton (Group Chief Finance Officer) and Jon Round (PDMR) each acquired 0.2p ordinary shares in LSL on 22^nd June 2021 following the exercise of options received in 2018 pursuant to LSL's 2018 save as you earn option scheme (SAYE).  The details of the exercise are set out in the table below.

The 2018 SAYE is an all-employee scheme approved by HM Revenue and Customs. The 2018 SAYE exercise price for the options granted was £2.45 per ordinary share of 0.2p and the options became exercisable at the end of the three-year saving plan, on 1^st June 2021.

Following the above transactions, Adam Castleton and Jon Round's shareholding in LSL (including shares held in LSL's Share Incentive Plan (SIP)) is set out below.

Details of Director or PDMR	Number of shares acquired	Total number of shares following transaction(s) (including shares held in LSL's SIP)
Adam Castleton, PDMR	SAYE18: 1,469	6,182
Jon Round, PDMR	SAYE18: 881	117,142

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Adam Castleton
2	Reason for notification
a)	Position/Status	Group Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name	LSL Property Services plc
b)	LEI	213800T4VM5VR3C7S706
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2p each in LSL Property Services plc GB00B1G5HX72
b)	Nature of transaction	Shares acquired by exercising options received pursuant to LSL's Save As You Earn scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.45 1,469
d)	Aggregated information -  Aggregated volume -  Price	Price Aggregate Volume £2.45 1,469
e)	Date of the transaction	22nd June 2021
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Jon Round
2	Reason for notification
a)	Position/Status	PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name	LSL Property Services plc
b)	LEI	213800T4VM5VR3C7S706
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2p each in LSL Property Services plc GB00B1G5HX72
b)	Nature of transaction	Shares acquired by exercising options received pursuant to LSL's Save as You Earn scheme .
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.45 881
d)	Aggregated information -  Aggregated volume -  Price	Price Aggregate Volume £2.45 881
e)	Date of the transaction	22nd June 2021
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

Sapna B FitzGerald, Company Secretary

[e-mail]

 

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