Director/PDMR Shareholding

14 Jan 2010 15:36

Notification of a Transaction by a Director

1. Name of the issuer

LMS CAPITAL PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R (1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

DTR 3.1.2R3. Name of directorROBERT RAYNE

4. State whether notification relates to a person connected with a person discharging managerial responsibilities / director named in 3 and identify the connected person.

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

IN RESPECT OF THE PERSON REFERRED TO IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF TEN PENCE EACH

7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

OWN NAME: 7,059,472 SHARES

BARCLAYSHARE NOMINEES LTD: 1,148,884 SHARES

8. State the nature of the transaction

EXERCISE OF AN AWARD MADE UNDER THE TERMS OF THE LMS CAPITAL DEFERRED SHARE BONUS PLAN

9. Number of shares over which the award was exercised

716,073

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

NIL

11. Number of shares, debentures or financial instruments relating to shares disposed

NIL

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

NIL

13. Price per share or value of transaction

50.50 PENCE PER SHARE

14. Date and place of transaction

12 JANUARY 2010, LONDON

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

OWN NAME: 7,059,472 SHARES 2.59%

BARCLAYSHARE NOMINEES LTD: 1,148,884 SHARES 0.42%

16. Date issuer informed of transaction

12 JANUARY 2010

If a person discharging managerial responsibilities has been granted options by the issuer complete the following

17. Date of grant

18. Period during which or date on which exercisable

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

AS ALLOWED UNDER THE RULES OF THE LMS CAPITAL DEFERRED SHARE BONUS PLAN, THE EXERCISE OF THE AWARD WAS SATISFIED IN CASH (BEING 50.50 PENCE PER SHARE), LESS A DEDUCTION FOR INCOME TAX AND NATIONAL INSURANCE. NO SHARES WERE ISSUED OR TRANSFERRED IN RESPECT OF THIS EXERCISE OF THE AWARD.

ROBERT RAYNE IS ALSO NON-BENEFICIALLY INTERESTED, IN HIS CAPACITY AS A TRUSTEE, IN THE FOLLOWING NUMBER OF SHARES HELD IN LMS CAPITAL PLC:

21,748,571 SHARES 7.98%

24. Name of contact and telephone number for queries

MATTHEW JONES, 020 7935 3555Matthew JonesCompany Secretary14 January 2010