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Last checked at 
10 Apr 2019 11:30
LSL Property Services plc
("the Company")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons
In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR3, LSL was notified on 10th April 2019 that the following Directors and PDMRs were granted options to purchase ordinary shares of 0.2p in the Company under the Company's save as you earn option scheme (SAYE):
Ian Crabb, Group Chief Executive Office
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Helen Buck, Executive Director - Estate Agency
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Jon Round, PDMR
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Ronan Jennings, PDMR
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The 2019 SAYE is an all employee scheme approved by HM Revenue and Customs.
The 2019 SAYE exercise price for the options granted is £2.65 per ordinary share of 0.2p and the options are exercisable at the end of the three year saving plan. Ian Crabb, Helen Buck and Jon Round each received options in relation to 2,037 ordinary shares of 0.2p and Ronan Jennings received options in relation to 3,396 ordinary shares of 0.2p which are exercisable between 1st June 2022 and 30th November 2022.
The information set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.
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 |
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a) | Name | Ian Crabb | ||||
2 | Reason for notification |
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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 |
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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. |
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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 | Grant of options made pursuant to the LSL Property Services plc save as you earn scheme. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 10th April 2019 | ||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/ person closely associated |
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a) | Name | Helen Buck | ||||
2 | Reason for notification |
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a) | Position/Status | Executive Director - Estate Agency | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor |
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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 | Grant of options made pursuant to the LSL Property Services plc save as you earn scheme. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 10th April 2019 | ||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/ person closely associated |
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a) | Name | Jon Round | ||||
2 | Reason for notification |
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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 |
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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 | Grant of options made pursuant to LSL Property Services plc save as you earn scheme. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 10th April 2019 | ||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/ person closely associated |
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a) | Name | Ronan Jennings | ||||
2 | Reason for notification |
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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 |
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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 | Grant of options made pursuant to LSL Property Services plc save as you earn scheme. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 10th April 2019 | ||||
f) | Place of the transaction | Outside a trading venue |
For further information please contact:
Sapna B FitzGerald, Company Secretary
LSL Property Services plc
01904 698 850
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