Director/PDMR Shareholding

RNS Number : 2469G

LSL Property Services

02 May 2014

 



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 2^nd May 2014, that the following transaction took place in relation to the Company's Save As You Earn Scheme (SAYE).

The SAYE is an all-employee scheme approved by HM Revenue and Customs.

Pursuant to the SAYE launched in 2011, employees were entitled to buy ordinary shares in the Company of 0.2p each at a price of £2.57.

The following Executive Directors exercised their option to acquire ordinary shares of 0.2p, at a price of £2.57 per ordinary share on the dates set out below:

Director	Number of shares acquired	Date shares acquired
Steve Cooke	3,511	2nd May 2014
Simon Embley	3,511	2nd May 2014
David Newnes	3,511	2nd May 2014

As a result of the above transactions, the shareholdings of the above mentioned Executive Directors are as follows:

Director	Total holding (including shares held by connected persons)	Percentage of shareholding
Steve Cooke	43,511	0.04%
Simon Embley	6,069,509	5.83%
David Newnes	3,458,259	3.32%

 This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.4R(1).

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

 

END

 

 

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