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
