Last checked at 5 Apr 2016 17:41
LSL Property Services plc
"LSL" or "the Company"
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 4th April 2016, that the following transactions on behalf of the following LSL Directors/PDMRs took place in relation to the Company's Share Incentive Plan ("SIP") on 1st April 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 4,648 ordinary shares on 1st April 2016 at a total cost of £13,363.38. The shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below:
Director/PDMR 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/PDMR) as at 05 April 2016 |
Ian Crabb, Group CEO | 52 | £2.88 | 1308 |
Adrian Gill, Executive Director, Estate Agency | 52 | £2.88 | 398 |
Jon Round, PDMR | 52 | £2.88 | 211,481 |
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.
For further information, please contact:
Sapna B FitzGerald, Company Secretary
01904 698 850