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Last checked at 
10 Mar 2025 12:00
LSL Property Services plc ('LSL' or 'the Company')
Director/PDMR Shareholding
All Employee Share Scheme - Share Incentive Plan (SIP) Purchase.
The Company was notified on 6 March 2025 that the following transactions, relating to Directors and Persons Discharging Managerial Responsibilities (PDMRs), took place under the LSL Share Incentive Plan (SIP) on 5 March 2025.
The SIP is an all-employee trust arrangement approved by HM Revenue & Customs, allowing employees to purchase ordinary shares of 0.2p each in LSL (Ordinary Shares) using deductions from their salary (Partnership Shares). Employees are also allocated additional free Ordinary Shares (Matching Shares) under the plan.
On 6 March 2025, the SIP Trustees (Link Market Services Trustees Limited) acquired a total of 4,732 Partnership Shares at a price of £2.77 per share, with a total cost of £13,143.60. These shares were purchased on the market and allocated to participating employees, including the Directors/PDMRs listed below.
On the same date, the SIP Trustees also allocated 949 Matching Shares at nil cost to employees, including the Directors/PDMRs as detailed in the table below.
Director/PDMR details | Number of Partnership Shares | Number of Matching Shares | Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 6 March 2025. |
David Stewart, Group CEO | 54 | 11 | 95,857 |
Adam Castleton, Group CEO Designate | 54 | 10 | 151,181 |
Paul Hardy, PDMR | 55 | 11 | 57,0881 |
1 Total combined number of shares held by Paul Hardy and his Persons Closely Associated (PCAs).
The notification forms pursuant to Article 19 of the UK Market Abuse Regulation can be found below.
For further information, please contact:
Debbie Fish, Group Company Secretary
Tel: 07483 147659
investorrelations@lslps.co.uk
Notes on LSL
LSL is one of the largest providers of services to mortgage intermediaries and estate agent franchisees.
Over 2,700 advisers representing over 11% of the total purchase and remortgage market.
Its 62 estate agency franchisees operate in 310 territories.
LSL is also one of the UK's largest providers of surveying and valuation services, supplying seven out of the ten largest lenders in the UK.
For further information please visit LSL's website: lslps.co.uk
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 | David Stewart | ||||||
2 | Reason for notification | |||||||
a) | Position/Status | Group Chief Executive 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 | Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 5 March 2025 | ||||||
f) | Place of the transaction | London Stock Exchange |
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 Executive Officer Designate | ||||||
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 | Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 5 March 2025 | ||||||
f) | Place of the transaction | London Stock Exchange |
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 | Paul Hardy | ||||||
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 | Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||
e) | Date of the transaction | 5 March 2025 | ||||||
f) | Place of the transaction | London Stock Exchange |
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