12 Apr 2021 17:00
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
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The following notification made under article 19.1 and 19.3 of the Market Abuse Regulation ("MAR") relates to the vesting of Restricted Shares awarded on 21 April 2016. These shares vested on 18 March 2021 and were released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Director and PDMR below. Under the plan provisions, the default of selling sufficient shares to cover tax liabilities and retention of the remaining shares is applied if no election is received from participants.
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Number of shares awarded on 21 April 2016 | Number of Restricted Shares Vested |
12,340 | 10,453 |
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1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Simon Gadd |
2 | Reason for the notification | |
a) | Position/status | Group Chief Risk Officer/PDMR |
b) | Initial notification/Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Legal & General Group Plc |
b) | LEI | 213800JH9QQWHLO99821 |
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 £0.025 each, with voting rights attached  GB0005603997 |
b) | Nature of transaction | Vesting of 10,453 shares |
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c) Â | Price(s) and volume(s) Â | Price(s) | Volume |
£0.00 | 10,453 | ||
d) | Aggregated information - Aggregated volume - Price | Â N/A (Single Transaction) | |
e) | Date of the transaction | 18 March 2021 | |
f) | Place of the transaction | London Stock Exchange, XLON | |
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12 April 2021
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Leanne Cornish
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
Legal & General (LGEN)