Director/PDMR Shareholding

RNS Number : 6161K

LSL Property Services

11 April 2018

 

LSL Property Services plc

("the Company")

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 DTR3, LSL was notified on 11^th April 2018 that the following Directors and PDMRs were granted options to purchase ordinary shares of 0.2p in the Company under the Company's save as you earn option scheme (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 2018 SAYE is an all employee scheme approved by HM Revenue and Customs.

The 2018 SAYE exercise price for the options granted is £2.45 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 each received options in relation to 1,469 ordinary shares of 0.2p and Jon Round and Ronan Jennings each received options in relation to 881 ordinary shares of 0.2p which are exercisable between 1^st June 2021 and 30^th November 2021.

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 the LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.45 1,469
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	11th April 2018
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 the LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.45 1,469
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	11th April 2018
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 the LSL Property Services plc save as you earn scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.45 1,469
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	11th April 2018
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) £2.45 881
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	11th April 2018
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) £2.45 881
d)	Aggregated information -      Aggregated volume -      Price	Not applicable - single transaction.
e)	Date of the transaction	11th April 2018
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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