LSL Property Services plc ("LSL")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with DTR3, LSL was notified on 10th November 2023 that the following Directors and PDMRs were granted options to purchase ordinary shares of 0.2p in LSL pursuant to the save as you earn option scheme (SAYE), which is an all-employee scheme approved by HM Revenue and Customs.
| Name | SAYE options |
| David Stewart, Group Chief Executive Officer
| 3,728 |
| Adam Castleton, Group Chief Financial Officer
| 9,321 |
| Steve Goodall, PDMR
| 9,321 |
| Paul Hardy, PDMR
| 7,830 |
The 2023 SAYE exercise price for the options granted is £1.99 per ordinary share of 0.2p and the options are exercisable at the end of the three-year saving plan.
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 options made pursuant to the LSL Property Services plc save as you earn scheme. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 10th November 2023 | ||||
| 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 options made pursuant to the LSL Property Services plc save as you earn scheme. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 10th November 2023 | ||||
| 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 options made pursuant to LSL Property Services plc save as you earn scheme. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 10th November 2023 | ||||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | | ||||
| a) | Name | Paul Hardy | ||||
| 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 options made pursuant to LSL Property Services plc save as you earn scheme. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
| e) | Date of the transaction | 10th November 2023 | ||||
| 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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