Director/PDMR Shareholding

RNS Number : 8654T
LSL Property Services
05 October 2010
 

LSL Property Services plc

5th 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 4th October 2010 , that the following transaction took place in relation to the Company's Share Incentive Plan ("SIP")on 1st 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 1st 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

 


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