Director/PDMR Shareholding

RNS Number : 5254G

LSL Property Services

12 May 2011

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 11^th May 2011, that the following transaction took place in relation to the Company's Save As You Earn Scheme (SAYE).

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

Pursuant to the SAYE launched in 2008, employees were entitled to buy ordinary shares in the Company of 0.2p each at a price of £1.15.

The following Executive Director and PDMRs exercised their option to acquire ordinary shares of 0.2p, at a price of £1.15 per ordinary share on the dates set out below:

Director/PDMR	Number of shares acquired	Date shares acquired
Simon Embley	8,311	5th May 2011
David Brown	8,311	5th May 2011
Paul Latham	8,311	12th May 2011
Jon Round	8,311	5th May 2011
Gareth Samples	8,311	5th May 2011
Alison Traversoni	8,311	5th May 2011

Following the purchase, Simon Embley sold the acquired ordinary shares of 0.2p for a price of £2.82 on 5^th May 2011.

As a result of the above transactions, the shareholdings of the above mentioned Executive Directors and PDMRs are as follows:

Director/PDMR	Total holding (including shares held by connected persons)	Percentage of shareholding
Simon Embley	10,050,500	9.65%
David Brown	257,049	0.25%
Paul Latham	3,902,061	3.75%
Jon Round	212,970	0.20%
Gareth Samples	566,086	0.54%
Alison Traversoni	612,458	0.59%

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.4R(1).

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

 

END

 

 

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