Director/PDMR Shareholding

By

Regulatory News | 01 Oct, 2020

Updated : 16:00

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 1st 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 £500 (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 £2.185 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, type of instrument

 

Identification code

Ordinary shares of 0.2p each in LSL Property Services plc

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

-       Aggregated volume

-       Price

Not applicable - single transaction.

e)

Date of the transaction

1st 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, type of instrument

 

Identification code

Ordinary shares of 0.2p each in LSL Property Services plc

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

-       Aggregated volume

-       Price

Not applicable - single transaction.

e)

Date of the transaction

1st 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, type of instrument

 

Identification code

Ordinary shares of 0.2p each in LSL Property Services plc

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

-       Aggregated volume

-       Price

Not applicable - single transaction.

e)

Date of the transaction

1st 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, type of instrument

 

Identification code

Ordinary shares of 0.2p each in LSL Property Services plc

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

-       Aggregated volume

-       Price

Not applicable - single transaction.

e)

Date of the transaction

 1st 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 31st March 2020 and remain in employment and not serving notice as at 1st October 2020.

 

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