Director/PDMR Shareholding

Legal & General Group Plc

17 April 2024

 

 

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 of the UK Market Abuse Regulation ("UK MAR") relates to the vesting of conditional and restricted shares and CSOP options awarded on 13 April 2021. These shares vested on 13 April 2024 and were released under the terms of The Legal & General Group Share Bonus Plan (SBP), in respect of the Directors 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.

Name	Director/ PDMR	Number of shares awarded on 13 April 2021	Number of shares vested on 13 April 2024	Shares sold to cover tax at a price of £2.476	Remaining shares sold at a share price of £2.476	Shares retained by individual
Bernard Hickman	PDMR	6,432 (Combined)	6,432 (Combined)	3,024	3,408	0
Bernard Hickman	PDMR	36,531 (Restricted)	36,531 (Restricted)	17,170	19,361	0
Jeff Davies	Director	47,376	47,376	22,267	0	25,109
Chris Knight	PDMR	36,022	36,022	16,931	0	19,091
Michelle Scrimgeour	PDMR	54,999	54,999	25,850	0	29,149
Emma Hardaker-Jones	PDMR	32,269	32,269	14,522	17,747	0
Geoffrey Timms	PDMR	10,156 (Combined)	10,156 (Combined)	4,774	5,382	0
Geoffrey Timms	PDMR	26,408 (Restricted)	26,408 (Restricted)	12,412	13,996	0

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 Retail/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	1.   Vesting of SBP Award over 6,432 shares (Combined). 2.   Vesting of SBP Award over 36,531 shares (Restricted). 3.   Sale of 6,432 shares, of which 3,024 shares sold to cover tax (no shares retained). 4.   Sale of 36,531 shares, of which 17,170 shares sold to cover tax (no shares retained).
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.00	1.   6,432
		2.   £0.00	2.   36,531
		3.   £2.476	3.   6,432
		4.   £2.476	4.   36,531
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   6,432	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £0.00 3.   Price 3.   £2.476 4.   Price 4.   £2.476	2.   36,531 3.   Volume 3.   6,432 4.   Volume 4.   36,531	2.   £0.00 3.   Total 3.   £15,925.63 4.   Total 4.   £90,450.76
e)	Date of the transaction	13 April 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jeff Davies
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer/Director
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	1.   Vesting of SBP Award over 47,376 shares. 2.   Sale of 22,267 shares to cover tax. The balance of 25,109 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.00	1.   47,376
		2.   £2.476	2.   22,267
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   47,376	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.476	2.   22,267	2.   £55,133.09
e)	Date of the transaction	13 April 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Chris Knight
2	Reason for the notification
a)	Position/status	Group Chief Risk Officer/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	1.   Vesting of SBP Award over 36,022 shares. 2.   Sale of 16,931 shares to cover tax. The balance of 19,091 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.00	1.   36,022
		2.   £2.476	2.   16,931
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   36,022	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.476	2.   16,931	2.   £41,921.16
e)	Date of the transaction	13 April 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michelle Scrimgeour
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Legal & General Investment Management/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	1.   Vesting of SBP Award over 54,999 shares. 2.   Sale of 25,850 shares to cover tax. The balance of 29,149 shares retained.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.00	1.   54,999
		2.   £2.476	2.   25,850
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   54,999	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.476	2.   25,850	2.   £64,004.60
e)	Date of the transaction	13 April 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Emma Hardaker-Jones
2	Reason for the notification
a)	Position/status	Chief Transformation & People Officer/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	1.   Vesting of SBP Award over 32,269 shares. 2.   Sale of 32,269 shares, of which 14,522 shares sold to cover tax (no shares retained).
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.00	1.   32,269
		2.   £2.476	2.   32,269
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   32,269	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £2.476	2.   32,269	2.   £79,898.04
e)	Date of the transaction	13 April 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Geoffrey Timms
2	Reason for the notification
a)	Position/status	Group General Counsel and Company Secretary/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	1.   Vesting of SBP Award over 10,156 shares (Combined). 2.   Vesting of SBP Award over 26,408 shares (Restricted). 3.   Sale of 10,156 shares, of which 4,774 shares sold to cover tax (no shares retained). 4.   Sale of 26,408 shares, of which 12,412 shares sold to cover tax (no shares retained).
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.00	1.   10,156
		2.   £0.00	2.   26,408
		3.   £2.476	3.   10,156
		4.   £2.476	4.   26,408
d)	Aggregated information -      Aggregated volume -      Price	1.   Price	1.   Volume	1.   Total
		1.   £0.00	1.   10,156	1.   £0.00
		2.   Price	2.   Volume	2.   Total
		2.   £0.00 3.   Price 3.   £2.476 4.   Price 4.   £2.476	2.   26,408 3.   Volume 3.   10,156 4.   Volume 4.   26,408	2.   £0.00 3.   Total 3.   £25,146.26 4.   Total 4.   £65,386.21
e)	Date of the transaction	13 April 2024
f)	Place of the transaction	London Stock Exchange, XLON

17 April 2024

Leanne Cornish

Head of Group Secretariat

Legal & General Group Plc

Tel: [phone]

 

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