Director/PDMR Shareholding

RNS Number : 7304J

LSL Property Services

04 July 2011

 

LSL Property Services plc

4^th July 2011

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

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 4^th July 2011 , that the following transaction took place in relation to the Company's Share Incentive Plan on 1^st July 2011.

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 3,497 ordinary shares by purchase in the market on 1^st July 2011 at a total cost of £10,272.44 and allocated them to employees participating in the SIP partnership shares.

The following Executive Director purchased ordinary shares of 0.2p, at a price of £2.9375 per ordinary share.

Name	Position	Shares Purchased by SIP Trustee	Total Shares held by SIP Trustees for the benefit of the Director/PDMR	Total shareholding following purchase (including shares held by the SIP Trustees for the benefit of the Director/PDMR)
Alison Traversoni	Executive Director	43	4080	616,538

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

 

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