Last checked at 19 Apr 2018 17:00
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
On 18 April 2018 the Company received notification that restricted shares awarded on 14 April 2015 had vested on 14 April 2018 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Directors and PDMRs named below.
Name | Director/ PDMR | Number of shares awarded on 14 April 2015 | Number of shares vested on 14 April 2018 | Shares sold to cover tax and social security at a share price of 271.1p | Shares retained by individual |
Nigel Wilson | Director | 228,989
| 228,989
| 228989 | 0
|
Mark Zinkula | Director | 157,295 | 157,295 | 74,480
| 82,815
|
Kerrigan Procter | Director | 77,063
| 77,063
| 36,220
| 40,843
|
Laura Mason | PDMR | 26,672
| 26,672
| 26,672
| 0
|
Bernard Hickman | PDMR | 10,931
| 10,931
| 5,139
| 5,792
|
Cristopher Knight | PDMR | 21,474
| 21,474
| 10,093
| 11,381
|
Agius Cheryl | PDMR | 1,311
| 1,311
| 1,311
| 0
|
The following notification made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Nigel Wilson | ||
2 | Reason for the notification | |||
a) | Position/status | Group Chief Executive Officer/Director | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 228,989 restricted shares awarded under the terms of the SBP. 2. Sale of 228,989 shares. | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume(s) | |
1. Nil cost | 1. 228,989 | |||
2. £2.711 | 2. 228,989 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 228,989 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £2.711 | 2. 228,989 | 2. 620,789.179 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Mark Zinkula | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer, Legal & General Investment Management Limited/Director | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 157,295 restricted shares awarded under the terms of the SBP. 2. Sale of 74,480 shares | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume(s) | |
1. Nil cost | 1. 157,295 | |||
2. £2.711 | 2. 74,480 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 157,295 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £2.711 | 2. 74,480 | 2. 201,915.280 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Kerrigan Procter | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer, Legal & General Capital/Director | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 77,063 restricted shares awarded under the terms of the SBP. 2. Sale of 36,220 shares. | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume(s) | |
1. Nil cost | 1. 77,063 | |||
2. £2.711 | 2. 36,220 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 77,063 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £2.711 | 2. 36,220 | 2. 98,192.42 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Laura Mason | ||
2 | Reason for the notification | |||
a) | Position/status | CEO, LGR Institutional/PDMR | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 26,672 restricted shares awarded under the terms of the SBP. 2. Sale of 26,672 shares | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume | |
1. Nil cost | 1. 26,672 | |||
2. £ 2.711 | 2. 26,672 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 26,672 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £ 2.711 | 2. 26,672 | 2. £72,307.792 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Bernard Hickman | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer Legal & General Insurance/PDMR | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 10,931 restricted shares awarded under the terms of the SBP. 2. Sale of 5,139 shares to cover tax and social security. The balance of 5,792 shares retained. | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume(s) | |
1. Nil cost | 1. 10,931 | |||
2. £2.711 | 2. 5,139 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 10,931 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £2.711 | 2. 5,139 | 2. 13,931.829 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Christopher Knight | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer, Legal & General Retirement/PDMR | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 21,474 restricted shares awarded under the terms of the SBP. 2. Sale of 10,093 shares. | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume(s) | |
1. Nil cost | 1. 21,474 | |||
2. £2.516 | 2. 10,093 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 21,474 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £2.711 | 2. 10,093 | 2. 27,362.123 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Cheryl Agius | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer, General Insurance business/PDMR | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Legal & General Group Plc | ||
b) | LEI | 213800JH9QQWHLO99821 | ||
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 £0.025 each, with voting rights attached GB0005603997 | ||
b) | Nature of transaction | 1. Vesting/transfer of 1,311 restricted shares awarded under the terms of the SBP. 2. Sale of 1,311 shares. | ||
c)
| Price(s) and volume(s)
| Price(s) | Volume | |
1. Nil cost | 1. 1,311 | |||
2. £ 2.711 | 2. 1,311 | |||
d) | Aggregated information - Aggregated volume - Price | 1. Price | 1. Volume | 1. Total |
1. £0.00 | 1. 1,311 | 1. £0.00 | ||
2. Price | 2. Volume | 2. Total | ||
2. £ 2.711 | 2. 1,311 | 2. £3,554.121 | ||
e) | Date of the transaction | 14 April 2018 | ||
f) | Place of the transaction | London Stock Exchange, XLON | ||
19 April 2018
Olaitan Popoola
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2108