Director/PDMR Shareholding

RNS Number : 8654T

LSL Property Services

05 October 2010

 

LSL Property Services plc

5^th October 2010

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

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc ("the Company") was notified on 4^th October 2010 , that the following transaction took place in relation to the Company's Share Incentive Plan ("SIP")on 1^st October 2010.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 0.2p each, using deductions from their salary in each monthly pay period.  The SIP Trustees (Capita IRG Trustees Limited) acquired 3,928 ordinary shares by purchase in the market on 1^st October 2010 at a total cost of £9,309.36 and allocated them to employees participating in the SIP partnership shares.

The following Executive Director and PDMRS have purchased ordinary shares of 0.2p, at a price of £2.37 per ordinary share.

Name	Position	Shares Purchased by SIP Trustee	Total Shares held by SIP Trustees for the benefit of the Director/PDMR	Total shareholding following purchase (including shares held by the SIP Trustees for the benefit of the Director/PDMR)
Alison Traversoni	Executive Director	53	3,565	607,712
David Brown	PDMR	53	3,565	252,303
Gareth Samples	PDMR	53	3,565	561,340
Paul Trott	PDMR	53	3,565	3,565

Alison Traversoni, an executive director purchased 53 ordinary shares of 0.2p, at a price of £2.37 per ordinary share.  As a result of the purchase, Alison Traversoni's holding is now 607,712 shares, with 3,565 held by the SIP Trustees for the benefit of Alison Traversoni.

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

 

END

 

 

RDSGIBDGGUGBGGU