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Director/ PDMR Dealing

6 May 2026 16:34

RNS Number : 2997D
LSL Property Services PLC
06 May 2026
 

LSL Property Services plc ("LSL")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR CONNECTED PERSONS

On 1 May 2026, the Company granted share-based awards under the LSL Property Services plc Long Term Incentive Plan for 2026, including the following award to a person discharging managerial responsibilities:

Name of Director/PDMR

Number of LSL Property Services plc ordinary shares of 0.2p each awarded

Saad Hassanuddin, Chief Risk Officer (PDMR)

33,099

 

The LTIP awards are nil-cost options that will normally become exercisable on 1 May 2029, subject to continuous employment and satisfaction of the performance conditions detailed in the table below.

Percentage of award subject to condition

Performance period

Performance measure

Threshold performance (no vesting below threshold)

Proportion vesting for threshold performance

Performance for maximum (100%) vesting

60%

3 years ending 31 December 2028

Adjusted basic earnings per share ("EPS") in 2028

32 pence

25%

36 pence

40%

Total Shareholder Return ("TSR") over a three year period ranked against the FTSE Small Cap Index, excluding investment trusts and the Company

Median

25%

Upper quartile

 

All vested awards normally remain exercisable until 10 years from their grant.

For further information, please contact:Debbie Fish, Group Company SecretaryTel: 07483 147659investorrelations@lslps.co.uk

 

 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

Saad Hassanuddin

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

Nil-cost option award made pursuant to LSL's LTIP 2026.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

33,099

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction.

e)

Date of the transaction

1 May 2026

f)

Place of the transaction

Outside a trading venue

 

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