Director/PDMR Shareholding

By

Regulatory News | 19 Jul, 2019

Updated : 17:00

RNS Number : 1518G
Legal & General Group Plc
19 July 2019
 

Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

 

On 18 July 2019 the Company received notification that on that day the PDMR named below was awarded 350,013 ordinary shares at a price of £2.717 per share under the terms of the Legal & General Group Share Bonus Plan ("SBP"). The SBP awards will vest as follows:

  SBP Shares Awarded on 18 July 2019 at a price of £2.717

Vesting Date

72,714

 

31-May-2020

96,195

 

31-May-2021

181,104

 

31-May-2022

                    Total : 350,013

 


 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michelle Scrimgeour

 

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Legal & General Investment Management/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

SBP award for the PDMR listed in 1a above 

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume

£2.717

350,013

 

d)

Aggregated information

-      Aggregated volume

-      Price

 N/A (Single Transaction)

e)

Date of the transaction

18 July 2019

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

19 July 2019

 

Daniella Newson

Assistant Company Secretary

Legal & General Group Plc

Tel: 0203 124 2107


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