Director/PDMR Shareholding

RNS Number : 4716L

LSL Property Services PLC

13 May 2022

 

LSL Property Services plc (LSL)

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

In accordance with DTR 3, LSL was notified on 12^th May 2022 of the following share purchases by its Executive Directors, which took place on 12^th May 2022. 

Director details	Number of shares acquired	Total shareholding post transaction (including shares held by the SIP on behalf of the director) as at 12 May 2022
David Stewart, Group CEO	16,794	17,428
Adam Castleton, Group CFO	8,541	15,364
Helen Buck, Executive Director, Estate Agency	8,541	30,017

These purchases were made in accordance with LSL's Directors' Remuneration Policy (Policy), which requires each Executive Director to use a proportion of their annual bonus (net of tax) to purchase shares in LSL.  

The purchases were made using the 2021 annual bonus payments, which were paid to the Directors in March 2022.  The shares are subject to retention requirements and contribute towards each Directors' adherence to LSL's 'Executive share ownership guidelines' which form part of the Policy. 

D etails of Executive Director remuneration and the Policy can be found in LSL's Annual Report and Accounts 2021 (available on LSL's website).

Set out below is a notification made in accordance with Article 19 of the UK Market Abuse Regulation.

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	David Stewart
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	Purchase of shares in LSL in accordance with the Company's Directors' Remuneration Policy.
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.02 16,794
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	12 May 2022
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 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	Purchase of shares in LSL in accordance with the Company's Directors' Remuneration Policy.
c)	Price(s) and volume(s)	Price(s) Volume(s) 4.02 8,541
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	12 May 2022
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	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	Purchase of shares in LSL in accordance with the Company's Directors' Remuneration Policy.
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.02 8,541
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

Sapna B FitzGerald, Company Secretary

[e-mail]

 

END

 

 

DSHFLFEIEEIVLIF