Director/PDMR Shareholding

RNS Number : 1758D
Legal & General Group Plc
24 April 2017
 

Legal & general group plc

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

On 21 April 2017 the Company received notification that restricted shares awarded on 15 April 2014 had vested on 15 April 2017 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Directors and PDMRs named below.  

Name

Director/ PDMR

Number of shares awarded on 15 April 2014

Number of shares vested on 15 April 2017

Shares sold to cover tax and social security at a share price of 251.6p

Shares retained by individual

Nigel Wilson

Director

140,565

140,565

66,066

74,499

Kerrigan Procter 

Director

85,106

85,106

40,000

45,106

Mark Zinkula

Director

136,186

136,186

64,485

71,701

Bernard Hickman

PDMR

3,428

3,428

1,612

1,816

Paul Stanworth

PDMR

56,737

56,737

26,667

30,070

 

The following notification made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Wilson

2

Reason for the notification

a)

Position/status

Group Chief Executive/Director

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

1.   Vesting/transfer of 140,565 restricted shares awarded under the terms of the SBP.

2.   Sale of 66,066 shares to cover tax and social security. The balance of 74,499 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   Nil cost

1.   140,565

2.   £2.516

2.   66,066

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1. Volume

1.  Total

1.   £0.00

1.  140,565

1.  £0.00




2.   Price

2.  Volume

2.  Total

2.   £2.516

2.  66,066

2.  166,222.06

e)

Date of the transaction

15 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kerrigan Procter

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Legal & General Retirement/Director

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

1.   Vesting/transfer of 85,106 restricted shares awarded under the terms of the SBP.

2.   Sale of 40,000 shares to cover tax and social security. The balance of 45,106 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   Nil cost

1.   85,106

2.   £2.516

2.   40,000

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1. Volume

1.   Total

1.   £0.00

1.  85,106

1.    £0.00




2.   Price

2.  Volume

2.  Total

2.   £2.516

2.  40,000

2.  100,640.00

e)

Date of the transaction

15 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Zinkula

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Legal & General Investment Management Limited/Director

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

1.   Vesting/transfer of 136,186 restricted shares awarded under the terms of the SBP.

2.   Sale of 64,485 shares to cover tax and social security. The balance of 71,701 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume

1.   Nil cost

1.   136,186

2.   £2.516

2.   64,485

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   136,186

1.   £0.00




2.   Price

2.   Volume

2.   Total

2.   £2.516

2.   64,485

2.   £162,244.26

e)

Date of the transaction

15 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bernard Hickman

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Legal & General Insurance/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

1.   Vesting/transfer of 3,428 restricted shares awarded under the terms of the SBP.

2.   Sale of 1,612 shares to cover tax and social security. The balance of 1,816 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume

1.   Nil cost

1.   3,428

2.   £2.516

2.   1,612

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   3,428

1.   £0.00




2.   Price

2.   Volume

2.   Total

2.   £2.516

2.   1,612

2.   £4,055.79

e)

Date of the transaction

15 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Stanworth

2

Reason for the notification

a)

Position/status

Managing Director, Legal & General Capital/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

1.   Vesting/transfer of 56,737 restricted shares awarded under the terms of the SBP.

2.   Sale of 26,667 shares to cover tax and social security. The balance of 30,070 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume

1.   Nil cost

1.   56,737

2.   £2.516

3.   26,667

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   56,737

1.   £0.00




2.   Price

2.   Volume

2.   Total

2.   £2.516

2.   26,667

2.   £67,094.17

e)

Date of the transaction

15 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

24 April 2017

 

Helen Baker

Deputy Company Secretary

Legal & General Group Plc

Tel: 020 3124 2139

 


This information is provided by RNS
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