LSL.L

LSL Property Services Plc
LSL Property Svcs. - Director/PDMR Shareholding
9th October 2024, 15:19
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RNS Number : 5958H
LSL Property Services PLC
09 October 2024
 

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 8 October 2024 that the following transactions, which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan (SIP) on 7 October 2024.

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 4,236 Partnership Shares on 7 October 2024 at a price of £3.1049 per Ordinary Share and total cost of £13,152.36. 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 7 October 2024 the SIP Trustees also allocated a total of 839 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 5 September 2024.

David Stewart, Group CEO

48

10

95,503

Adam Castleton, Group CFO

48

9

142,028

Paul Hardy, PDMR

48

9

56,6961

1 Total combined number of shares held by Paul Hardy and his Persons Closely Associated (PCAs).

 

 

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)

£3.1049

48

Nil

10

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

£2.5696

58

e)

Date of the transaction

7 October 2024

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)

£3.1049

48

Nil

9

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

£2.6147

57

e)

Date of the transaction

7 October 2024

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)

£3.1049

48

Nil

9

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Aggregate Volume

£2.6147

57

e)

Date of the transaction

7 October 2024

f)

Place of the transaction

London Stock Exchange

 

For further information, please contact:

Debbie Fish, Company Secretary

investorrelations@lslps.co.uk

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