Director/PDMR Shareholding

RNS Number : 0121S

Legal & General Group Plc

03 July 2020

 

Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

The following notification made under article 19.1 and 19.3 of the Market Abuse Regulation ("MAR") relates to the vesting of Restricted Shares awarded on 18 April 2017. These shares vested on 19 May 2020 and were released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Director and PDMR below. Under the plan provisions, the default of selling sufficient shares to cover tax liabilities and retention of the remaining shares is applied if no election is received from participants.

Number of shares vested on 19 May 2020	Shares retained by ESOT to cover tax	Shares retained by individual
7,615	3,580	4,035

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bernard Hickman
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Legal & General Insurance/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Legal & General Group Plc
b)	LEI	213800JH9QQWHLO99821
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 £0.025 each, with voting rights attached  GB0005603997
b)	Nature of transaction	Vesting of 7,615 shares. 3,580 retained by ESOT and 4,035 retained by individual
c)	Price(s) and volume(s)	Price(s)	Volume
		£0.00	7,615
d)	Aggregated information -  Aggregated volume -  Price	N/A (Single Transaction)
e)	Date of the transaction	19 May 2020
f)	Place of the transaction	London Stock Exchange, XLON

03 July 2020

Daniella Newson

Assistant Company Secretary

Legal & General Group Plc

Tel: [phone]

 

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