LSL PROPERTY SERVICES PLC — Director's Dealing 2017

Apr 20, 2017

National Storage Mechanism | Additional information

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RNS Number : 9203C

LSL Property Services

20 April 2017

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):

Ian Crabb, Group Chief Executive Officer
Adam Castleton, Group Financial Officer
Helen Buck, Executive Director - Estate Agency
Jon Round, PDMR
Ronan Jennings, PDMR

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

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Ian Crabb

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

Grant of options made pursuant to LSL Property Services plc save as you earn scheme.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	2,511

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

20th April 2017

f)

Place of the transaction

Outside a trading venue

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

Grant of options made pursuant to LSL Property Services plc save as you earn scheme.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	2,511

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

20th April 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Helen Buck

2

Reason for notification

a)

Position/Status

Executive Director - Estate Agency

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

Grant of options made pursuant to LSL Property Services plc save as you earn scheme.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	2,511

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

20th April 2017

f)

Place of the transaction

Outside a trading venue

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, 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.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	1,506

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

20th April 2017

f)

Place of the transaction

Outside a trading venue

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, 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.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	1,506

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

20th April 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Ronan Jennings

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

Grant of options made pursuant to LSL Property Services plc save as you earn scheme.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£2.15	1,506

d)

Aggregated information

-      Aggregated volume

-      Price

Not applicable - single transaction.

e)

Date of the transaction

20th April 2017

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

The company news service from the London Stock Exchange

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