Director/PDMR Shareholding

RNS Number : 1824Y

LSL Property Services

13 May 2016

 

LSL Property Services plc

"LSL" or "the Company"

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

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 12^th May 2016, that the following transactions by LSL Directors/PDMRs took place in relation to the Company's Share Incentive Plan ("SIP") on 6^th May  2016.

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 a total of 7,310 ordinary shares on 6^th May 2016 at a total cost of £22,076.20. The shares were acquired by purchase in the market, under the dividend reinvestment plan, and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below:

Director/PDMR details	0.2p ordinary shares acquired	Price per share paid	Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 12th May 2016
Ian Crabb, Group CEO	36	£3.02	1394
Adrian Gill, Executive Director, Estate Agency	9	£3.02	457

This notification is made in order to satisfy both 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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