Director/PDMR Shareholding

RNS Number : 6779U

LSL Property Services

08 April 2016

 

LSL Property Services plc

("LSL")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility ("PDMRs") or Connected Persons

In accordance with Disclosure Rule 3.1.4R(1), LSL hereby notifies that Simon Embley (Chairman) and Jon Round (PDMR) acquired 0.2p ordinary shares in LSL on 5^th April 2016 following the exercise of options received in 2013 pursuant to LSL's Long Term Incentive Plan (LTIP).  The details of the exercise are set out in the table below.

The 2013 LTIP grants were by way of nil-cost options in respect of ordinary shares in LSL of 0.2p and were subject to performance conditions. The options became exercisable on 5^th April 2016.

The shares acquired by Jon Round were subsequently sold on 7^th April 2016 at a price of 285p per share.

Following the above transactions, Simon Embley's and Jon Round's shareholdings in LSL are set out below.

Details of Director or PDMR	Number of shares acquired	Total number of shares following transaction(s) (%)
Simon Embley, Chairman	31,858	6,101,367 (5.86%)
Jon Round, PDMR	12,804	211,481 (0.20%)

This notification is made in accordance with section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

For further information, please contact:

Sapna B FitzGerald, Company Secretary

01904 698 850

 

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