Director/PDMR Shareholding

RNS Number : 7525O
LSL Property Services
22 September 2011
 



LSL Property Services plc

 

22nd September 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 21stSeptember 2011, that the following transaction took place in relation to the Company's Share Incentive Plan on 16th September 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 3114 ordinary shares by purchase in the market on 16th September 2011, at a total cost of £7131.06 and allocated them to employees participating in the SIP partnership shares who have elected to reinvest any dividend payments made by the Company, by the purchase of additional shares.

 

The following Executive Director purchased ordinary shares of 0.2p, at a price of £2.29 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

51

4230

616688

 

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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