Director/PDMR Shareholding

RNS Number : 4498H

LSL Property Services

04 November 2008

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS 

Notification made in accordance with DTR 3.1.4R(1) of the Disclosure Rules and Transparency Rules. 

LSL Property Services plc ('the Company') was notified on 4th November 2008, that the following transaction took place in relation to the Company's Share Incentive Plan ('SIP') on 3rd November 2008. 

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 0.2p each, using deductions from their salary in each monthly pay period.  

The SIP Trustees (Capita IRG Trustees Limited) acquired 23,414 ordinary shares by purchase in the market on 3rd November 2008 at a total cost of £9,599.74 and allocated them to employees participating in the SIP as partnership shares. 

As a result, Alison Traversoni, a person discharging managerial responsibilities purchased 305 ordinary shares of 0.2p, at a price of £0.41 per ordinary share. The purchase was made pursuant to a pre-existing mandate given by Alison Traversoni to the trust.

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.4. 

Sapna B FitzGerald 

Company Secretary 

LSL Property Services plc 

 

END

 

 

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