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2 Feb 2016 12:08
LSL Property Services plc
2nd February 2016
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 (LSL) was notified on 2nd February 2016, that the following transactions on behalf of the following LSL Directors took place in relation to the Company's Share Incentive Plan ("SIP") on 1st February 2016.
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 5,159 ordinary shares on 1st February 2016 at a total cost of £13,336.34. The shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors detailed below:
Director Details | 0.2p ordinary shares acquired | Price per share paid £ | Total shareholding post transaction (including shares held by the SIP on behalf of the Director) |
Ian Crabb, Group CEO | 58 | £2.59 | 1197 |
Adrian Gill, Executive Director, Estate Agency | 58 | £2.59 | 287 |
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.
Sapna B FitzGerald
Company Secretary
LSL Property Services plc
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