Director/PDMR Shareholding

RNS Number : 1720O

LSL Property Services

02 November 2016

 

LSL Property Services plc

"LSL"

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

In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR 3, LSL was notified on 2^nd November 2016, that the following transactions which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan ("SIP") on 1^st November 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 LSL 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 7,311 ordinary shares on 1^st November 2016 at a total cost of £14,421.02. The shares were acquired by purchase in the market 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 2nd November 2016
Ian Crabb, Group CEO	76	£1.97	1,806
Adam Castleton, Group CFO	76	£1.97	386
Adrian Gill, Executive Director, Estate Agency	76	£1.97	853
Jon Round, PDMR	76	£1.97	211,919

The notifications below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014, give further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Ian Crabb
2	Reason for notification
a)	Position/Status	Group CEO
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name	LSL Property Services plc
b)	LEI	Not applicable
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2p each in LSL Property Services plc GB00BIG5HX72
b)	Nature of transaction	Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.97 76
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	1st November 2016
f)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Adam Castleton
2	Reason for notification
a)	Position/Status	Group CFO
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name	LSL Property Services plc
b)	LEI	Not applicable
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2p each in LSL Property Services plc GB00BIG5HX72
b)	Nature of transaction	Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.97 76
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	1st November 2016
f)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Adrian Gill
2	Reason for notification
a)	Position/Status	Executive Director - Estate Agency
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name	LSL Property Services plc
b)	LEI	Not applicable
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2p each in LSL Property Services plc GB00BIG5HX72
b)	Nature of transaction	Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.97 76
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	1st November 2016
f)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Jon Round
2	Reason for notification
a)	Position/Status	PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name	LSL Property Services plc
b)	LEI	Not applicable
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2p each in LSL Property Services plc GB00BIG5HX72
b)	Nature of transaction	Acquisition of shares under the LSL Property Services Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.97 76
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	1st November 2016
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

Sapna B FitzGerald, Company Secretary

01904 698 850

 

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