Director/PDMR Shareholding

Legal & General Group Plc
17 April 2024
 

 



Legal & General Group Plc

 

 

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

 

The following notification made under article 19 of the UK Market Abuse Regulation ("UK MAR") relates to the vesting of conditional and restricted shares and CSOP options awarded on 13 April 2021. These shares vested on 13 April 2024 and were released under the terms of The Legal & General Group Share Bonus Plan (SBP), in respect of the Directors below. Under the plan provisions, the default of selling sufficient shares to cover tax liabilities and retention of the remaining shares is applied if no election is received from participants.

 

 

Name

Director/ PDMR

Number of shares awarded on 13 April 2021

Number of shares vested on
13 April 2024

 

Shares sold to cover tax at a price of £2.476

Remaining shares sold at a share price of £2.476

Shares retained
by individual

Bernard Hickman

PDMR

6,432

(Combined)

6,432

(Combined)

3,024

3,408

0

Bernard Hickman

PDMR

36,531

(Restricted)

36,531

(Restricted)

17,170

19,361

0

Jeff Davies

Director

47,376

47,376

22,267

0

25,109

Chris Knight

PDMR

36,022

36,022

16,931

0

19,091

Michelle Scrimgeour

PDMR

54,999

54,999

25,850

0

29,149

Emma Hardaker-Jones

PDMR

32,269

32,269

14,522

17,747

0

Geoffrey Timms

PDMR

10,156

(Combined)

10,156

(Combined)

4,774

5,382

0

Geoffrey Timms

PDMR

26,408

(Restricted)

26,408

(Restricted)

12,412

13,996

0

 

 

 

 

 

 

 

 

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 Retail/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 of SBP Award over 6,432 shares (Combined).

2.   Vesting of SBP Award over 36,531 shares (Restricted).

3.   Sale of 6,432 shares, of which 3,024 shares sold to cover tax (no shares retained).

4.   Sale of 36,531 shares, of which 17,170 shares sold to cover tax (no shares retained).

 

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.   £0.00

1.   6,432

2.   £0.00

2.   36,531



3.   £2.476

3.   6,432



4.   £2.476

4.   36,531

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   6,432

1.   £0.00

2.   Price

2.   Volume

2.   Total

2.   £0.00

3.   Price

3.   £2.476

4.   Price

4.   £2.476

2.   36,531

3.   Volume

3.   6,432

4.   Volume

4.   36,531

2.   £0.00

3.   Total

3.   £15,925.63

4.   Total

4.   £90,450.76

e)

Date of the transaction

13 April 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jeff Davies

2

Reason for the notification

a)

Position/status

Group Chief Financial Officer/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 of SBP Award over 47,376 shares.

2.   Sale of 22,267 shares to cover tax. The balance of 25,109 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   £0.00

1.   47,376

2.   £2.476

2.   22,267

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   47,376

1.   £0.00

2.   Price

2.   Volume

2.   Total

2.   £2.476

2.   22,267

2.   £55,133.09

e)

Date of the transaction

13 April 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Chris Knight

2

Reason for the notification

a)

Position/status

Group Chief Risk Officer/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 of SBP Award over 36,022 shares.

2.   Sale of 16,931 shares to cover tax. The balance of 19,091 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   £0.00

1.   36,022   

2.   £2.476

2.   16,931

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   36,022

1.   £0.00

2.   Price

2.   Volume

2.   Total

2.   £2.476

2.   16,931

2.   £41,921.16

e)

Date of the transaction

13 April 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

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

1.   Vesting of SBP Award over 54,999 shares.

2.   Sale of 25,850 shares to cover tax. The balance of 29,149 shares retained.

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   £0.00

1.   54,999

2.   £2.476

2.   25,850

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   54,999

1.   £0.00

2.   Price

2.   Volume

2.   Total

2.   £2.476

2.   25,850

2.   £64,004.60

e)

Date of the transaction

13 April 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Emma Hardaker-Jones

2

Reason for the notification

a)

Position/status

Chief Transformation & People Officer/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 of SBP Award over 32,269 shares.

2.   Sale of 32,269 shares, of which 14,522 shares sold to cover tax (no shares retained).

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   £0.00

1.   32,269

2.   £2.476

2.   32,269

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   32,269

1.   £0.00

2.   Price

2.   Volume

2.   Total

2.   £2.476

2.   32,269

2.   £79,898.04

e)

Date of the transaction

13 April 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Geoffrey Timms

2

Reason for the notification

a)

Position/status

Group General Counsel and Company Secretary/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 of SBP Award over 10,156 shares (Combined).

2.   Vesting of SBP Award over 26,408 shares (Restricted).

3.   Sale of 10,156 shares, of which 4,774 shares sold to cover tax (no shares retained).

4.   Sale of 26,408 shares, of which 12,412 shares sold to cover tax (no shares retained).

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   £0.00

1.   10,156

2.   £0.00

2.   26,408



3.   £2.476

3.   10,156



4.   £2.476

4.   26,408

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £0.00

1.   10,156

1.   £0.00

2.   Price

2.   Volume

2.   Total

2.   £0.00

3.   Price

3.   £2.476

4.   Price

4.   £2.476

2.   26,408

3.   Volume

3.   10,156

4.   Volume

4.   26,408

2.   £0.00

3.   Total

3.   £25,146.26

4.   Total

4.   £65,386.21

e)

Date of the transaction

13 April 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

17 April 2024

 

Leanne Cornish

Head of Group Secretariat

Legal & General Group Plc

 

Tel: 020 3124 4111

 

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