TIDMLSL

RNS Number : 8643A

LSL Property Services PLC

01 October 2020

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 1(st) October 2020 that the following Directors and PDMRs were granted ordinary shares of 0.2p in the Company as part of an all employee free share award (Award) under the Company's Share Incentive Plan (SIP).

 
 Adam Castleton, Group Chief 
  Financial Officer 
 Helen Buck, Executive Director 
  - Estate Agency 
 Jon Round, PDMR 
 Mary Jane Cross, PDMR 
 

The SIP is an all employee scheme approved by HM Revenue and Customs.

Eligible employees * participating in the Award have been granted for nil cost the equivalent of circa GBP500 (for full time employees and an equivalent pro-rata award for part time employees) of ordinary shares in the Company at a share price for the Award of GBP2.185 per ordinary share. Adam Castleton, Helen Buck, Jon Round and Mary Jane Cross each received 228 shares each under the Award.

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 
 a)   Name                                       Adam Castleton 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 a)   Position/Status                            Group Chief Financial 
                                                  Officer 
     -----------------------------------------  --------------------------- 
 b)   Initial notification/Amendment             Initial notification 
     -----------------------------------------  --------------------------- 
 3    Details of the issuer, emission 
       allowance market participation, 
       auction platform, auctioneer or 
       auction monitor 
     -----------------------------------------  --------------------------- 
 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,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
                                                  Services plc 
       Identification code                        GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of free shares 
                                                  pursuant to the LSL 
                                                  SIP. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   Nil         228 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    1(st) October 2020 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Helen Buck 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 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 
     -----------------------------------------  --------------------------- 
 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,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
                                                  Services plc 
       Identification code                        GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of free shares 
                                                  pursuant to the LSL 
                                                  SIP. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   Nil         228 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    1(st) October 2020 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Jon Round 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 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 
     -----------------------------------------  --------------------------- 
 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,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
                                                  Services plc 
       Identification code                        GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of free shares 
                                                  pursuant to the LSL 
                                                  SIP. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   Nil         228 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    1(st) October 2020 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 
 
 1    Details of the person discharging 
       managerial responsibilities/ person 
       closely associated 
 a)   Name                                       Mary Jane Cross 
     -----------------------------------------  --------------------------- 
 2    Reason for notification 
     -----------------------------------------  --------------------------- 
 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 
     -----------------------------------------  --------------------------- 
 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,   Ordinary shares of 
       type of instrument                         0.2p each in LSL Property 
                                                  Services plc 
       Identification code                        GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Grant of free shares 
                                                  pursuant to the LSL 
                                                  SIP. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   Nil         228 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                Not applicable - single 
             *    Aggregated volume               transaction. 
 
 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                     1(st) October 2020 
     -----------------------------------------  --------------------------- 
 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

Notes:

To be eligible individuals must be employed as at 31(st) March 2020 and remain in employment and not serving notice as at 1(st) October 2020.

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END

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October 01, 2020 10:59 ET (14:59 GMT)