LSL Property Services plc ("LSL")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR CONNECTED PERSONS
On 1 May 2026, the Company granted share-based awards under the LSL Property Services plc Long Term Incentive Plan for 2026, including the following award to a person discharging managerial responsibilities:
|
Name of Director/PDMR |
Number of LSL Property Services plc ordinary shares of 0.2p each awarded |
|
Saad Hassanuddin, Chief Risk Officer (PDMR) |
33,099 |
The LTIP awards are nil-cost options that will normally become exercisable on 1 May 2029, subject to continuous employment and satisfaction of the performance conditions detailed in the table below.
|
Percentage of award subject to condition |
Performance period |
Performance measure |
Threshold performance (no vesting below threshold) |
Proportion vesting for threshold performance |
Performance for maximum (100%) vesting |
|
60% |
3 years ending 31 December 2028 |
Adjusted basic earnings per share ("EPS") in 2028 |
32 pence |
25% |
36 pence |
|
40% |
Total Shareholder Return ("TSR") over a three year period ranked against the FTSE Small Cap Index, excluding investment trusts and the Company |
Median |
25% |
Upper quartile |
All vested awards normally remain exercisable until 10 years from their grant.
For further information, please contact:
Debbie Fish, Group Company Secretary
Tel: 07483 147659
investorrelations@lslps.co.uk
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 |
|
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|
a) |
Name |
Saad Hassanuddin |
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|
2 |
Reason for notification |
|
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|
a) |
Position/Status |
PDMR |
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|
b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor |
|
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|
a) |
Name |
LSL Property Services plc |
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|
b) |
LEI |
213800T4VM5VR3C7S706 |
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|
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. |
|
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|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.2p each in LSL Property Services plc GB00B1G5HX72 |
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|
b) |
Nature of transaction |
Nil-cost option award made pursuant to LSL's LTIP 2026. |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction. |
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|
e) |
Date of the transaction |
1 May 2026 |
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|
f) |
Place of the transaction |
Outside a trading venue |