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19 Jul 2019 17:00
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
On 18 July 2019 the Company received notification that on that day the PDMR named below was awarded 350,013 ordinary shares at a price of £2.717 per share under the terms of the Legal & General Group Share Bonus Plan ("SBP"). The SBP awards will vest as follows:
SBP Shares Awarded on 18 July 2019 at a price of £2.717 | Vesting Date |
72,714
| 31-May-2020 |
96,195
| 31-May-2021 |
181,104
| 31-May-2022 |
Total : 350,013
|
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Michelle Scrimgeour
| |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer, Legal & General Investment Management/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 | SBP award for the PDMR listed in 1a above
| |
c)
| Price(s) and volume(s)
| Price(s) | Volume |
£2.717 | 350,013
| ||
d) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction) | |
e) | Date of the transaction | 18 July 2019 | |
f) | Place of the transaction | London Stock Exchange, XLON | |
19 July 2019
Daniella Newson
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
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