Director/PDMR Shareholding

RNS Number : 9203C

LSL Property Services

20 April 2017

 

LSL Property Services plc

("the Company")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Persons Closely Associated (PCAs)

In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR3, LSL was notified on 20^th April 2017 that the following PDMR were granted options to purchase ordinary shares of 0.2p in the Company under the Company's save as you earn option scheme (2017 SAYE):

Ian Crabb, Group Chief Executive Officer
Adam Castleton, Group Financial Officer
Helen Buck, Executive Director - Estate Agency
Jon Round, PDMR
Ronan Jennings, PDMR

The 2017 SAYE is an all employee scheme approved by HM Revenue and Customs.

The 2017 SAYE exercise price for the options granted is £2.15 pence per ordinary share of 0.2p and the options are exercisable at the end of the three year saving plan.   Ian Crabb, Adam Castleton and Helen Buck were each awarded options in relation to 2,511 ordinary shares of 0.2p and Jon Round and Ronan Jennings were each awarded options in relation to 1,506 ordinary shares of 0.2p. All options are exercisable from the expiry of the three year savings period and between the period from 1^st June 2020 to 30^th November 2020.

The information set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

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 Chief Executive Officer
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	213800T4VM5VR3C7S706
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 GB00B1G5HX72
b)	Nature of transaction	Grant of options made pursuant to LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.15 2,511
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	20th April 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Adam Castleton
2	Reason for notification
a)	Position/Status	Group Chief Financial Officer
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	213800T4VM5VR3C7S706
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 GB00B1G5HX72
b)	Nature of transaction	Grant of options made pursuant to LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.15 2,511
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	20th April 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Helen Buck
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	213800T4VM5VR3C7S706
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 GB00B1G5HX72
b)	Nature of transaction	Grant of options made pursuant to LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.15 2,511
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	20th April 2017
f)	Place of the transaction	Outside a trading venue

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	213800T4VM5VR3C7S706
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 GB00B1G5HX72
b)	Nature of transaction	Grant of options made pursuant to LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.15 1,506
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	20th April 2017
f)	Place of the transaction	Outside a trading venue
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	213800T4VM5VR3C7S706
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 GB00B1G5HX72
b)	Nature of transaction	Grant of options made pursuant to LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.15 1,506
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	20th April 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Ronan Jennings
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	213800T4VM5VR3C7S706
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 GB00B1G5HX72
b)	Nature of transaction	Grant of options made pursuant to LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.15 1,506
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	20th April 2017
f)	Place of the transaction	Outside a trading venue

For further information please contact:

Sapna B FitzGerald, Company Secretary

LSL Property Services plc

01904 698 850

 

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