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By LSE RNS
LSL Property Services plc
("the Company")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Persons Closely Associated (PCAs)
In accordance with Article 19 of the EU Market Abuse Regulation 596/2014 and DTR3, LSL was notified on 20th April 2017 that the following PDMR were granted options to purchase ordinary shares of 0.2p in the Company under the Company's save as you earn option scheme (2017 SAYE):
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Ian Crabb, Group Chief Executive Officer
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Adam Castleton, Group Financial Officer
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Helen Buck, Executive Director - Estate Agency
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Jon Round, PDMR
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Ronan Jennings, PDMR |
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The 2017 SAYE is an all employee scheme approved by HM Revenue and Customs.
The 2017 SAYE exercise price for the options granted is £2.15 pence per ordinary share of 0.2p and the options are exercisable at the end of the three year saving plan. Ian Crabb, Adam Castleton and Helen Buck were each awarded options in relation to 2,511 ordinary shares of 0.2p and Jon Round and Ronan Jennings were each awarded options in relation to 1,506 ordinary shares of 0.2p. All options are exercisable from the expiry of the three year savings period and between the period from 1st June 2020 to 30th November 2020.
The information set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Ian Crabb |
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2 |
Reason for notification |
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a) |
Position/Status |
Group Chief Executive Officer |
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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 |
Grant of options made pursuant to LSL Property Services plc save as you earn scheme. |
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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 |
20th April 2017 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Adam Castleton |
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2 |
Reason for notification |
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a) |
Position/Status |
Group Chief Financial Officer |
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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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||||
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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 |
Grant of options made pursuant to LSL Property Services plc save as you earn scheme. |
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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 |
20th April 2017 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Helen Buck |
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2 |
Reason for notification |
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a) |
Position/Status |
Executive Director - Estate Agency |
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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. |
|
||||
|
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 |
Grant of options made pursuant to LSL Property Services plc save as you earn scheme. |
||||
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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 |
20th April 2017 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Jon Round |
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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 |
|
||||
|
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 |
Grant of options made pursuant to LSL Property Services plc save as you earn scheme. |
||||
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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 |
20th April 2017 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Jon Round |
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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 |
|
||||
|
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 |
Grant of options made pursuant to LSL Property Services plc save as you earn scheme. |
||||
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c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction. |
||||
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e) |
Date of the transaction |
20th April 2017 |
||||
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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||||
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a) |
Name |
Ronan Jennings |
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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 |
|
||||
|
a) |
Name |
LSL Property Services plc |
||||
|
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. |
|
||||
|
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 |
Grant of options made pursuant to LSL Property Services plc save as you earn scheme. |
||||
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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 |
20th April 2017 |
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f) |
Place of the transaction |
Outside a trading venue |
For further information please contact:
Sapna B FitzGerald, Company Secretary
LSL Property Services plc
01904 698 850
This information is provided by RNS
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