Director/PDMR Shareholding

RNS Number : 3904L

Legal & General Group Plc

09 August 2013

 



Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities (PDMRs) and Connected Persons

The Legal & General Group Plc Performance Share Plan 2004 (PSP)

On 9 August 2013 Legal & General Group Plc (the Company) received notification that nil-cost options had been exercised under the terms of the PSP, in respect of the PDMR named below. The vesting of these shares was announced on 17 May 2013. 100% of the PSP awards granted on 4 May 2010 vested on 10 May 2013 following achievement of the performance criteria as set out in the Directors' Remuneration Report published on 18 April.

Name	Director/ PDMR	Award Granted on 4 May 2010	Nil-cost options vested on 10 May 2013	Nil-cost options exercised on 8 August 2013	Shares retained by individual via external nominee
Geoffrey Timms	PDMR	351,493	351,493	351,493	186,291*

       *  165,202 shares sold at a price of 197.75 pence per share to meet tax and national insurance liability.

This disclosure relates to transactions notified in accordance with DTR 3.1.4R(1)(a).

These transactions took place in London.

Name of person making notification:	Claire Singleton
Contact number:	020 3124 2149
Date of notification:	9 August 2013

 

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