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 as it applies in the UK (UK MAR) and DTR3, LSL was notified on 26th April 2022 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) (as set out below):
| Director PDMR | Number of Shares Awarded | Total Shareholding (including shares held by the LSL SIP on behalf of the director/PDMR) |
| David Stewart, Group Chief Executive Officer | 127 | 590 |
| Adam Castleton, Group Chief Financial Officer | 127 | 6,777 |
| Helen Buck, Executive Director - Estate Agency | 127 | 21,431 |
| Jon Round, Group FS Director - PDMR | 127 | 121,903 |
| Steve Goodall, MD e.surv - PDMR | 127 | 127 |
| Andy Deeks, Chief Strategy Officer - PDMR | 127 | 590 |
| David Akinluyi, Chief Operating Officer - PDMR | 127 | 127 |
The SIP is an all employee scheme approved by HM Revenue and Customs. All 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 £3.91 per ordinary share.
The information set out below is provided in accordance with the requirements of Article 19 of UK MAR.
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 | David Stewart | ||||
| 2 | Reason for notification |
| ||||
| a) | Position/Status | Group Chief Executive 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| f) | Place of the transaction | Outside a trading venue |
| 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated |
| ||||
| a) | Name | Andy Deeks | ||||
| 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated |
| ||||
| a) | Name | Steve Goodall | ||||
| 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated |
| ||||
| a) | Name | David Akinluyi | ||||
| 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 26th April 2022 | ||||
| f) | Place of the transaction | Outside a trading venue |
For further information please contact:
Sapna B FitzGerald, Company Secretary
LSL Property Services plc
investorrelations@lslps.co.uk
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