LSL PROPERTY SERVICES PLC — Director's Dealing 2021

Mar 8, 2021

National Storage Mechanism | Additional information

RNS Number : 5350R

LSL Property Services PLC

08 March 2021

LSL Property Services plc

"LSL"

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility (PDMRs) or Connected Persons

In accordance with DTR 3, LSL was notified on 5th March 2021, that the following transactions which relate to LSL's Directors and PDMRs, took place in relation to LSL's Share Incentive Plan ("SIP") on 5th March 2021.

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 7,015 Partnership Shares on 5th March 2021 at a price of £2.77 per Ordinary Share and total cost of £19,401.28. 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 5th March 2021, the SIP Trustees also allocated a total of 1,398 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 5th March2021
Adam Castleton, Group CFO	54	11	4,574
Helen Buck, Executive Director, Estate Agency	54	11	3,579
Jon Round, PDMR	54	11	216,122

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)
£2.77	54
Nil	11

d)

Aggregated information

-      Aggregated volume

-      Price

Price	Aggregate Volume
£2.301	65

e)

Date of the transaction

5th March 2021

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

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

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)
£2.77	54
Nil	11

d)

Aggregated information

-      Aggregated volume

-      Price

Price	Aggregate Volume
£2.301	65

e)

Date of the transaction

5th March 2021

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, 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)
£2.77	54
Nil	11

d)

Aggregated information

-      Aggregated volume

-      Price

Price	Aggregate Volume
£2.301	65

e)

Date of the transaction

5th March 2021

f)

Place of the transaction

London Stock Exchange

For further information, please contact:

Sapna B FitzGerald, Company Secretary

01904 698 850

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