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Director/PDMR Shareholding

2 May 2014 17:34

RNS Number : 2469G
LSL Property Services
02 May 2014
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 2nd May 2014, that the following transaction took place in relation to the Company's Save As You Earn Scheme (SAYE).

The SAYE is an all-employee scheme approved by HM Revenue and Customs.

Pursuant to the SAYE launched in 2011, employees were entitled to buy ordinary shares in the Company of 0.2p each at a price of £2.57.

The following Executive Directors exercised their option to acquire ordinary shares of 0.2p, at a price of £2.57 per ordinary share on the dates set out below:

Director

 

Number of shares acquired

 

Date shares acquired

 

Steve Cooke

3,511

 2nd May 2014

 

Simon Embley

 

3,511

 

 2nd May 2014

 

David Newnes

 

3,511

 

 2nd May 2014

 

 

As a result of the above transactions, the shareholdings of the above mentioned Executive Directors are as follows:

Director

 

Total holding (including shares held by connected persons)

 

Percentage of shareholding

 

Steve Cooke

 

43,511

0.04%

Simon Embley

 

6,069,509

5.83%

David Newnes

 

3,458,259

3.32%

 This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.4R(1).

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

This information is provided by RNS
The company news service from the London Stock Exchange
 
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