Director/PDMR Shareholding

LSL Property Services PLC
08 June 2023
 

LSL Property Services plc (LSL)

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons.

All Employee Share Scheme - Share Incentive Plan (SIP) Purchase.

In accordance with DTR 3, LSL was notified on 6th June 2023 that the following transactions, which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan (SIP) on 5th June 2023.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in LSL of 0.2p each (Ordinary Shares), using deductions from their salary in each monthly pay period (Partnership Shares), and receive allocations of matching free Ordinary Shares (Matching Shares).

The SIP Trustees (Link Market Services Trustees Limited) acquired a total of 6,523 Partnership Shares on 5th June 2023 at a price of £2.56 per Ordinary Share and total cost of £16,698.88. The Partnership Shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors/PDMRs detailed below.

On the 5th June 2023 the SIP Trustees also allocated a total of 1,310 Matching Shares. The number of Matching Shares granted by the SIP Trustees to the Directors/PDMRs at nil cost is also set out in the table below:

Director/PDMR details

Number of Partnership Shares

Number of Matching Shares

Total shareholding post transaction (including shares held by the SIP on behalf of the director/PDMR) as at 5th June 2023

David Stewart, Group CEO

59

12

26,117

Adam Castleton, Group CFO

58

12

94,490

Jon Round,

PDMR

59

11

145,397

Andy Deeks,

PDMR

59

12

1,503

Paul Hardy, PDMR

59

12

21,045

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/ person closely associated


a)

Name

David Stewart

2

Reason for notification


a)

Position/Status

Group Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor


a)

Name

LSL Property Services plc

b)

LEI

213800T4VM5VR3C7S706

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 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.56

59

Nil

12

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

2.127

71

e)

Date of the transaction

5th June  2023

f)

Place of the transaction

London Stock Exchange

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/ person closely associated


a)

Name

Adam Castleton

2

Reason for notification


a)

Position/Status

Group Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor


a)

Name

LSL Property Services plc

b)

LEI

213800T4VM5VR3C7S706

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 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.56

58

Nil

12

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

2.121

70

e)

Date of the transaction

5th June  2023

f)

Place of the transaction

London Stock Exchange

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/ person closely associated


a)

Name

Jon Round

2

Reason for notification


a)

Position/Status

PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor


a)

Name

LSL Property Services plc

b)

LEI

213800T4VM5VR3C7S706

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 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.56

59

Nil

11

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

£2.158

70

e)

Date of the transaction

5th June  2023

f)

Place of the transaction

London Stock Exchange

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/ person closely associated


a)

Name

Andy Deeks

2

Reason for notification


a)

Position/Status

PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor


a)

Name

LSL Property Services plc

b)

LEI

213800T4VM5VR3C7S706

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 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.56

59

Nil

12

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

2.127

71

e)

Date of the transaction

5th June  2023

f)

Place of the transaction

London Stock Exchange

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/ person closely associated


a)

Name

Paul Hardy

2

Reason for notification


a)

Position/Status

PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor


a)

Name

LSL Property Services plc

b)

LEI

213800T4VM5VR3C7S706

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 0.2p each in LSL Property Services plc

 

GB00B1G5HX72

b)

Nature of transaction

Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the LSL Property Services Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.56

59

Nil

12

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

2.127

71

e)

Date of the transaction

5th June  2023

f)

Place of the transaction

London Stock Exchange

 

 

For further information, please contact:

Sapna B FitzGerald, Company Secretary

investorrelations@lslps.co.uk

 

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