TIDMLSL
RNS Number : 4603P
LSL Property Services PLC
09 October 2023
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 6(th) October 2023
that the following transactions, which relate to LSL's Directors
and PDMRs, took place in relation to LSL's Share Incentive Plan
(SIP) on 5(th) October 2023.
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 5,619 Partnership Shares on 5(th) October 2023
at a price of GBP2.50 per Ordinary Share and total cost of
GBP14,098.09 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 the 5(th) October 2023 the SIP Trustees also allocated a
total of 1,127 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 Number of Partnership Number of Matching Total shareholding
details Shares Shares post transaction
(including
shares held
by the SIP
on behalf of
the director/PDMR)
as at 5(th)
October 2023
David Stewart,
Group CEO 60 12 26,439
Adam Castleton,
Group CFO 60 12 94,952
Jon Round,
PDMR 60 12 145,863
Andy Deeks,
PDMR 60 12 1,825
Paul Hardy,
PDMR 60 12 21,486
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, Ordinary shares of
type of instrument 0.2p each in LSL Property
Services plc
Identification code
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)
GBP2.50 60
----------
Nil 12
----------
----------------------------------------- -------------------------------
d) Aggregated information Price Aggregate
* Aggregated volume Volume
GBP 2.083 72
----------
* Price
----------------------------------------- -------------------------------
e) Date of the transaction 5(th) October 2023
----------------------------------------- -------------------------------
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, Ordinary shares of
type of instrument 0.2p each in LSL Property
Services plc
Identification code
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)
GBP2.50 60
----------
Nil 12
----------
----------------------------------------- -------------------------------
d) Aggregated information Price Aggregate
* Aggregated volume Volume
GBP 2.083 72
----------
* Price
----------------------------------------- -------------------------------
e) Date of the transaction 5(th) October 2023
----------------------------------------- -------------------------------
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 Jon Round
----------------------------------------- -------------------------------
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, Ordinary shares of
type of instrument 0.2p each in LSL Property
Services plc
Identification code
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)
GBP2.50 60
----------
Nil 12
----------
----------------------------------------- -------------------------------
d) Aggregated information Price Aggregate
* Aggregated volume Volume
GBP 2.083 72
----------
* Price
----------------------------------------- -------------------------------
e) Date of the transaction 5(th) October 2023
----------------------------------------- -------------------------------
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 Andy Deeks
----------------------------------------- -------------------------------
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, Ordinary shares of
type of instrument 0.2p each in LSL Property
Services plc
Identification code
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)
GBP2.50 60
----------
Nil 12
----------
----------------------------------------- -------------------------------
d) Aggregated information Price Aggregate
* Aggregated volume Volume
GBP 2.083 72
----------
* Price
----------------------------------------- -------------------------------
e) Date of the transaction 5(th) October 2023
----------------------------------------- -------------------------------
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, Ordinary shares of
type of instrument 0.2p each in LSL Property
Services plc
Identification code
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)
GBP2.50 60
----------
Nil 12
----------
----------------------------------------- -------------------------------
d) Aggregated information Price Aggregate
* Aggregated volume Volume
GBP 2.083 72
----------
* Price
----------------------------------------- -------------------------------
e) Date of the transaction 5(th) October 2023
----------------------------------------- -------------------------------
f) Place of the transaction London Stock Exchange
----------------------------------------- -------------------------------
For further information, please contact:
Sapna B FitzGerald, Company Secretary
investorrelations@lslps.co.uk
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END
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