Legal & General Group Plc Director/PDMR Shareholding (3465V)
April 13 2021 - 11:00AM
UK Regulatory
TIDMLGEN
RNS Number : 3465V
Legal & General Group Plc
13 April 2021
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging
Managerial Responsibilities ("PDMRs") and persons closely
associated with them
The following notification made under articles 19.1 and 19.3 of
the Market Abuse Regulation ("MAR") relates to:
-- the exercise of an award granted on 21 April 2016 under the
terms of the Legal & General Group Performance Share Plan 2016
(PSP 2016); and
-- the exercise of an award granted on 18 April 2017 under the
terms of the Legal & General Group Performance Share Plan 2017
(PSP 2017).
The performance conditions attached to the PSP 2016 award
provide that the award vests, subject to satisfaction of the
performance conditions, after the announcement of the results for
2018 with one third of vested options becoming exercisable
immediately, the second third becoming exercisable after the
announcement of the 2019 results and the remaining third after the
announcement of the 2020 results. PSP 2016 options must be
exercised by the seventh anniversary of the date of grant.
The performance conditions attached to the PSP 2017 award
provide that the award vests, subject to satisfaction of the
performance conditions, after the announcement of the results for
2019 with one third of vested options becoming exercisable
immediately, the second third becoming exercisable after the
announcement of the 2020 results and the remaining third after the
announcement of the 2021 results. PSP 2017 options must be
exercised by the seventh anniversary of the date of the grant.
Name Director/ PDMR Number of shares Number of shares Number of Shares sold to Shares retained
awarded on 21 awarded on 18 shares cover tax and by individual
April 2016 April 2017 exercised on 12 social security
April 2021
Nigel Wilson Director 171,349 287,560 458,909 215,689 243,220
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 Officer/Director
b) Initial Initial Notification
notification/Amendment
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 Ordinary shares of GBP0.025 each, with voting rights attached
instrument, type of GB0005603997
instrument
Identification code
b) Nature of transaction 1. Exercise of PSP 2016 award of nil cost options over 171,349 shares and
exercise of PSP
2017 award of nil cost options over 287,560 shares.
2. Sale of 215,689 shares to cover tax and dealing costs (243,220 shares
retained).
c) Price(s) and volume(s) Price(s) Volume
1. Nil cost 1. 458,909
2. GBP2.962 2. 215,689
d) Aggregated information 1. Price 1. Volume 1. Total
- Aggregated volume
- Price
1. GBP0.00 1. 458,909 1. GBP0.00
2. Price 2. Volume 2. Total
2. GBP2.962 2. 215,689 2. GBP638,870.818
e) Date of the transaction 12 April 2021
f) Place of the transaction London Stock Exchange, XLON
13 April 2021
Leanne Cornish
Senior Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHZXLFFFZLXBBD
(END) Dow Jones Newswires
April 13, 2021 12:00 ET (16:00 GMT)
Legal & General (LSE:LGEN)
Historical Stock Chart
From Feb 2024 to Mar 2024
Legal & General (LSE:LGEN)
Historical Stock Chart
From Mar 2023 to Mar 2024