LSL Property Services plc
2nd June 2011
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 was notified on 2nd June 2011, that the following transaction took place in relation to the Company's Share Incentive Plan on 1st June 2011.
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 3,641 ordinary shares by purchase in the market on 1st June 2011 at a total cost of £10,267.62 and allocated them to employees participating in the SIP partnership shares.
Alison Traversoni, an Executive Director has purchased 44 ordinary shares of 0.2p, at a price of £2.82 per ordinary share, bring the total number of share held by the SIP Trustees for her benefit to 4,037 and her total holding (including the share held by the SIP Trustees for her benefit) to 616,495.
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