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Director/PDMR Shareholding

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By LSE RNS

RNS Number : 1771D
Legal & General Group Plc
24 April 2017
 

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

On 21 April 2017 the Company received notification that combined awards granted on 15 April 2014 had vested on 15 April 2017 and were exercised on 17 April 2017 and had been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP) and Legal & General Group 2009 Company Share Option Plan (CSOP), in respect of the Director and PDMR named below.

Name

Director/ PDMR

Number of shares awarded on 15 April 2014

Number of shares exercised on 17 April 2017

Shares sold to cover tax and social security at a share price of 251.6p

Shares retained by  individual

Nigel Wilson

Director

14,184

14,184

5,605

8,579

Bernard Hickman

PDMR

8,983

8,983

3,550

5,433

 

The following notification made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP and CSOP awards.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Wilson

2

Reason for the notification

a)

Position/status

Group Chief Executive/Director

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Legal & General Group Plc

b)

LEI

213800JH9QQWHLO99821

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 £0.025 each, with voting rights attached

 GB0005603997

b)

Nature of transaction

1.   Exercise of combined SBP and CSOP awards of options over 14,184 shares.

2.   Sale of 5,605 shares to cover tax and social security. The balance of 8,579 shares retained.

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   £2.115

1.   14,184

2.   £2.516

2.   5,605

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1. Volume

1.  Total

1.   £2.115

1.  14,184

1.  £29,999.16




2.   Price

2.  Volume

2.  Total

2.   £2.516

2.  5,605

2.  14,102.18

e)

Date of the transaction

17 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bernard Hickman

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Legal & General Insurance/PDMR

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Legal & General Group Plc

b)

LEI

213800JH9QQWHLO99821

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 £0.025 each, with voting rights attached

 GB0005603997

b)

Nature of transaction

1.   Exercise of combined SBP and CSOP awards of options over 8,983 shares.

2.   Sale of 3,550 shares to cover tax and social security. The balance of 5,433 shares retained.

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume

1.   £2.115

1.   8,983

2.   £2.516

2.   3,550

d)

Aggregated information

-      Aggregated volume

-      Price

1.   Price

1.   Volume

1.   Total

1.   £2.115

1.   8,983

1.   £18,999.05




2.   Price

2.   Volume

2.   Total

2.   £2.516

2.   3,550

2.   £8,931.80

e)

Date of the transaction

17 April 2017

f)

Place of the transaction

London Stock Exchange, XLON

 

24 April 2017

 

Helen Baker

Deputy Company Secretary

Legal & General Group Plc

 

Tel: 020 3124 2139

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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