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2 May 2014 17:34
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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 Ā£2.57.
The following Executive Directors exercised their option to acquire ordinary shares of 0.2p, at a price of Ā£2.57 per ordinary share on the dates set out below:
Director Ā | Number of shares acquired Ā | Date shares acquired Ā |
Steve Cooke | 3,511 | Ā 2nd May 2014 Ā |
Simon Embley Ā | 3,511 Ā | Ā 2nd May 2014 Ā |
David Newnes Ā | 3,511 Ā | Ā 2nd May 2014 Ā |
Ā
As a result of the above transactions, the shareholdings of the above mentioned Executive Directors are as follows:
Director Ā | Total holding (including shares held by connected persons) Ā | Percentage of shareholding Ā |
Steve Cooke Ā | 43,511 | 0.04% |
Simon Embley Ā | 6,069,509 | 5.83% |
David Newnes Ā | 3,458,259 | 3.32% |
Ā 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
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