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Director/PDMR Shareholding

25 Jan 2022 10:44

RNS Number : 5641Z
LSL Property Services PLC
25 January 2022
 

LSL Property Services plc (LSL)

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons.

In accordance with DTR 3, LSL was notified on 24 January 2022 that Simon Embley (Non-Executive Director of LSL) had exercised nil-cost options over ordinary shares of 0.2p each in LSL.

The exercised options were received by Simon in 2012, pursuant to LSL's LTIP* plan and were subject to performance conditions. The options are due to lapse in April 2022, accordingly Simon has exercised his options prior to the expiry of the exercise period, and he has acquired 58,333 shares.

Following this exercise, Simon's total shareholding in LSL is 6,835,624.

 

*Long Term Incentive 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

Simon Embley

2

Reason for notification

 

a)

Position/Status

Non Executive Director

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

Shares acquired by exercising options received pursuant to LSL Property Services plc Long Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

58,333

d)

Aggregated information

- Aggregated volume

- Price

Price

Aggregate Volume

£Nil

58,333

e)

Date of the transaction

22 January 2022

f)

Place of the transaction

Outside a trading venue

 

For further information, please contact:

Sapna B FitzGerald, Company Secretary

investorrelations@lslps.co.uk

 

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