TIDMLSL

RNS Number : 8738C

LSL Property Services PLC

23 June 2021

LSL Property Services plc ("LSL")

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

In accordance with DTR 3, LSL was notified that Adam Castleton (Group Chief Finance Officer) and Jon Round (PDMR) each acquired 0.2p ordinary shares in LSL on 22(nd) 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, Adam Castleton and Jon Round's shareholding in LSL (including shares held in LSL's Share Incentive Plan (SIP)) is set out below.

 
Details of Director   Number of shares acquired   Total number of shares 
 or PDMR                                           following transaction(s) 
                                                   (including shares held 
                                                   in LSL's SIP) 
Adam Castleton, 
 PDMR                 SAYE18: 1,469               6,182 
Jon Round, PDMR       SAYE18: 881                 117,142 
 

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                      Shares acquired by 
                                                  exercising options 
                                                  received pursuant to 
                                                  LSL's Save As You Earn 
                                                  scheme 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   GBP2.45     1,469 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                 Price      Aggregate 
             *    Aggregated volume                            Volume 
                                                   GBP2.45    1,469 
                                                             ---------- 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    22(nd) June 2021 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 

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                                       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                      Shares acquired by 
                                                  exercising options 
                                                  received pursuant to 
                                                  LSL's Save as You Earn 
                                                  scheme . 
     -----------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                      Price(s)    Volume(s) 
                                                   GBP2.45     881 
                                                              ---------- 
     -----------------------------------------  --------------------------- 
 d)        Aggregated information                 Price      Aggregate 
             *    Aggregated volume                            Volume 
                                                   GBP2.45    881 
                                                             ---------- 
             *    Price 
     -----------------------------------------  --------------------------- 
 e)   Date of the transaction                    22(nd) June 2021 
     -----------------------------------------  --------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  --------------------------- 
 

For further information, please contact:

Sapna B FitzGerald, Company Secretary

investorrelations@lslps.co.uk

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END

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June 23, 2021 07:47 ET (11:47 GMT)

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