Director/PDMR Shareholding

RNS Number : 3275T

LSL Property Services

02 October 2014

 



LSL Property Services plc

2^nd October 2014

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 2^nd October 2014, that the following transactions took place in relation to the Company's Share Incentive Plan on 19^th September and on 1^st October 2014.

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 12,650 ordinary shares on 19^th September 2014 at a total cost of £45,192.26 and 2354 ordinary shares on 1^st October 2014 at a total costs of £7,757. The shares were acquired by purchase in the market and allocated to employees participating in the SIP partnership shares.

Ian Crabb, the Group CEO purchased 46 ordinary shares of 0.2p, at a price of £3.30 per ordinary share on the 1^st October 2014 and as part of a dividend re-investment, 19 ordinary shares of 0.2p, were purchased at a price of £3.57 on the 19th September 2014. Following these transactions Ian Crabb's total shareholding in LSL (including shares held by the SIP Trustees for the benefit of Ian Crabb) is 497. 

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

 

 

RDSBXBDGLUGBGSD