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6 Jun 2016 09:42
LSL Property Services plc
"LSL" or "the Company"
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL was notified on 1st June 2016, that Adam Castleton, Group Chief Financial Officer acquired 49 shares in LSL under the Company's Share Incentive Plan ("SIP") on 1st June 2016. Following this transaction, Adam Castleton's total shareholding (including shares held by the SIP on his behalf) as at 1st June 2016 is 49.
The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 0.2p each, using deductions from their salary in each monthly pay period.
The SIP Trustees (Capita IRG Trustees Limited) acquired a total of 4,708 ordinary shares on 1st June 2016 at a total cost of £14,359.40. The shares were acquired by purchase in the market and allocated to employees participating in the SIP.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.
For further information, please contact:
Sapna B FitzGerald, Company Secretary
01904 698 850
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