LSL Property Services plc (LSL)
Correction: Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons.
LSL announced on 11 April 2022 that, under LSL's Share Incentive Plan (SIP), Adam Castleton, Chief Financial Officer of LSL, was allocated 42 Matching Shares and 8 Partnership Shares at an aggregate price of £3.259 per share.
The number of Matching Shares and the aggregate price per share were incorrectly stated. The correct number of shares granted to Adam Castleton is set out in the table below:
| Director/PDMR details | Number of Partnership Shares | Number of Matching Shares | Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 5th April 2022 |
| Adam Castleton, Group CFO | 38 | 8 | 6,650 |
All other information contained in the 11 April 2022 announcement remain unchanged.
Set out below is a notification made in accordance with Article 19 of the UK Market Abuse Regulation.
All Employee Share Scheme - Share Incentive Plan (SIP) Purchases
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 | Amendment | ||||||
| 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 | Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||
| e) | Date of the transaction | 5 April 2022 | ||||||
| f) | Place of the transaction | London Stock Exchange |
For further information, please contact:
Sapna B FitzGerald, Company Secretary
investorrelations@lslps.co.uk
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
