Director/PDMR Shareholding

RNS Number : 8643A

LSL Property Services PLC

01 October 2020

 

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 1^st October 2020 that the following Directors and PDMRs were granted ordinary shares of 0.2p in the Company as part of an all employee free share award (Award) under the Company's Share Incentive Plan (SIP).

Adam Castleton, Group Chief Financial Officer
Helen Buck, Executive Director - Estate Agency
Jon Round, PDMR
Mary Jane Cross, PDMR

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

Eligible employees * participating in the Award have been granted for nil cost the equivalent of circa £500 (for full time employees and an equivalent pro-rata award for part time employees) of ordinary shares in the Company at a share price for the Award of £2.185 per ordinary share. Adam Castleton, Helen Buck, Jon Round and Mary Jane Cross each received 228 shares each under the Award.

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	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 free shares pursuant to the LSL SIP.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 228
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction.
e)	Date of the transaction	1st October 2020
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 free shares pursuant to the LSL SIP.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 228
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction.
e)	Date of the transaction	1st October 2020
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 free shares pursuant to the LSL SIP.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 228
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction.
e)	Date of the transaction	1st October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Mary Jane Cross
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 free shares pursuant to the LSL SIP.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 228
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction.
e)	Date of the transaction	1st October 2020
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

Notes:

To be eligible individuals must be employed as at 31^st March 2020 and remain in employment and not serving notice as at 1^st October 2020.

 

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