Last checked at 1 Oct 2020 15:59
LSL Property Services plc
("the Company")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR3, LSL was notified on 1st October 2020 that the following Directors and PDMRs were granted ordinary shares of 0.2p in the Company as part of an all employee free share award (Award) under the Company's Share Incentive Plan (SIP).
Adam Castleton, Group Chief Financial Officer
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Helen Buck, Executive Director - Estate Agency
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Jon Round, PDMR
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Mary Jane Cross, PDMR
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The SIP is an all employee scheme approved by HM Revenue and Customs.
Eligible employees* participating in the Award have been granted for nil cost the equivalent of circa £500 (for full time employees and an equivalent pro-rata award for part time employees) of ordinary shares in the Company at a share price for the Award of £2.185 per ordinary share. Adam Castleton, Helen Buck, Jon Round and Mary Jane Cross each received 228 shares each under the Award.
The information set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.
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 | Adam Castleton | ||||
2 | Reason for notification | |||||
a) | Position/Status | Group Chief Financial Officer | ||||
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 | Grant of free shares pursuant to the LSL SIP. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 1st October 2020 | ||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Helen Buck | ||||
2 | Reason for notification | |||||
a) | Position/Status | Executive Director - Estate Agency | ||||
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 | Grant of free shares pursuant to the LSL SIP. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 1st October 2020 | ||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Jon Round | ||||
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 | Grant of free shares pursuant to the LSL SIP. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 1st October 2020 | ||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Mary Jane Cross | ||||
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 | Grant of free shares pursuant to the LSL SIP. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 1st October 2020 | ||||
f) | Place of the transaction | Outside a trading venue |
For further information please contact:
Sapna B FitzGerald, Company Secretary
LSL Property Services plc
01904 698 850
Notes:
To be eligible individuals must be employed as at 31st March 2020 and remain in employment and not serving notice as at 1st October 2020.