TIDMLSL

RNS Number : 6138A

LSL Property Services PLC

02 June 2021

LSL Property Services plc ("LSL")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility ("PDMRs") or Connected Persons

2018 LTIP:

In accordance with DTR 3, LSL was notified that Helen Buck (Executive Director, Estate Agency) acquired 0.2p ordinary shares in LSL on 27(th) May 2021 following the exercise of options received in 2018 pursuant to LSL's Long Term Incentive Plan (LTIP). The details of the exercise are set out in the table below.

The 2018 LTIP grants were by way of nil-cost options in respect of ordinary shares in LSL of 0.2p and were subject to performance conditions. The options became exercisable on 29(th) March 2021 and the shares acquired (net of tax) are subject to a two year holding period under LSL's Directors Remuneration Policy.

2018 SAYE:

In accordance with DTR 3, LSL was notified that Helen Buck (Executive Director, Estate Agency) acquired 0.2p ordinary shares in LSL on 1(st) June 2021 following the exercise of options received in 2018 pursuant to LSL's 2018 save as you earn option scheme (SAYE). The details of the exercise are set out in the table below.

The 2018 SAYE is an all-employee scheme approved by HM Revenue and Customs. The 2018 SAYE exercise price for the options granted was GBP2.45 per ordinary share of 0.2p and the options became exercisable at the end of the three-year saving plan, on 1(st) June 2021.

Following the above transactions, Helen Buck's shareholding in LSL (including shares held in LSL's Share Incentive Plan) is set out below.

 
Details of Director     Number of shares acquired   Total number of shares 
 or PDMR                                             following transaction(s) 
Helen Buck, Executive 
 Director Estate 
 Agency                 LTIP: 15,658                20,808 
 SAYE: 1,469 
 

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                                       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 
       Identification code                        Services plc 
                                                  GB00B1G5HX72 
     -----------------------------------------  --------------------------- 
 b)   Nature of transaction                      Shares acquired by 
                                                  exercising options 
                                                  received pursuant to 
                                                  LSL Property Services 
                                                  plc Long Term Incentive 
                                                  Plan. 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   Nil         15,658 
                                                              ---------- 
                                                   GBP2.45     1,469 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                  Price      Aggregate 
             *    Aggregated volume                             Volume 
                                                    GBP0.21    17,127 
                                                              ---------- 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    27(th) May 2021 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 

For further information, please contact:

Sapna B FitzGerald, Company Secretary

investorrelations@lslps.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFLFELRVIFIIL

(END) Dow Jones Newswires

June 02, 2021 07:55 ET (11:55 GMT)

Grafico Azioni Lsl Property Services (LSE:LSL)
Storico
Da Giu 2021 a Lug 2021 Clicca qui per i Grafici di Lsl Property Services
Grafico Azioni Lsl Property Services (LSE:LSL)
Storico
Da Lug 2020 a Lug 2021 Clicca qui per i Grafici di Lsl Property Services