Source - RNS
RNS Number : 7569L
LSL Property Services
05 October 2016
 

LSL Property Services plc

"LSL"

 

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 DTR 3, LSL was notified on 4th October 2016, that the following transactions which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan ("SIP") on 3rd October 2016.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the LSL of 0.2p each, using deductions from their salary in each monthly pay period.

The SIP Trustees (Capita IRG Trustees Limited) acquired a total of 6,875 ordinary shares on 3rd October 2016 at a total cost of £14,643.75. The shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below:

Director/PDMR details

0.2p ordinary shares acquired

Price per share paid

Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 3rd October 2016

Ian Crabb, Group CEO

70

£2.13

1,730

Adam Castleton, Group CFO

70

£2.13

310

Adrian Gill, Executive Director, Estate Agency

70

£2.13

777

Jon Round, PDMR

70

£2.13

211,843

 

 

The notifications below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014, give further detail.

 

 

 

 

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

Ian Crabb

2

Reason for notification

 

a)

Position/Status

Group CEO

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

Not applicable

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

 

GB00BIG5HX72

b)

Nature of transaction

Acquisition of shares under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.13

70

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

3rd October 2016

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 CFO

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

Not applicable

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

 

GB00BIG5HX72

b)

Nature of transaction

Acquisition of shares under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.13

70

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

3rd October 2016

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

Adrian Gill

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

Not applicable

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

 

GB00BIG5HX72

b)

Nature of transaction

Acquisition of shares under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.13

70

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

3rd October 2016

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

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

Not applicable

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

 

GB00BIG5HX72

b)

Nature of transaction

Acquisition of shares under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.13

70

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

3rd October 2016

f)

Place of the transaction

London Stock Exchange

 

For further information, please contact:

Sapna B FitzGerald, Company Secretary

01904 698 850

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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