Director/PDMR Shareholding

RNS Number : 7457Y

LSL Property Services

03 December 2014

 



3^rd December 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 December 2014, that the following transaction took place in relation to the Company's Share Incentive Plan on 1^st December 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 2,581 ordinary shares on 1^st December 2014 at a total cost of £7,562. 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 51 ordinary shares of 0.2p, at a price of £2.93 per ordinary share on the 1^st December 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 531.

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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