LSL Property Services plc ('LSL' or 'the
Company')
Director/PDMR
Shareholding
All Employee Share Scheme - Share
Incentive Plan (SIP) Purchase.
The Company was notified on 6 March 2025 that
the following transactions, relating to Directors and Persons
Discharging Managerial Responsibilities (PDMRs), took place under
the LSL Share Incentive Plan (SIP) on 5 March 2025.
The SIP is an all-employee trust arrangement
approved by HM Revenue & Customs, allowing employees to
purchase ordinary shares of 0.2p each in LSL (Ordinary Shares)
using deductions from their salary (Partnership Shares). Employees
are also allocated additional free Ordinary Shares (Matching
Shares) under the plan.
On 6 March 2025, the SIP Trustees (Link Market
Services Trustees Limited) acquired a total of 4,732 Partnership
Shares at a price of £2.77 per share, with a total cost of
£13,143.60. These shares were purchased on the market and allocated
to participating employees, including the Directors/PDMRs listed
below.
On the same date, the SIP Trustees also
allocated 949 Matching Shares at nil cost to employees, including
the Directors/PDMRs as detailed 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 6 March 2025.
|
|
David Stewart, Group CEO
|
54
|
11
|
95,857
|
|
Adam Castleton, Group CEO
Designate
|
54
|
10
|
151,181
|
|
Paul Hardy, PDMR
|
55
|
11
|
57,0881
|
1
Total combined number of shares held by Paul Hardy
and his Persons Closely Associated (PCAs).
The notification forms pursuant to Article 19
of the UK Market Abuse Regulation can be found below.
For further information, please
contact:
Debbie Fish, Group Company Secretary
Tel: 07483 147659
investorrelations@lslps.co.uk
Notes on LSL
LSL is one of the largest providers
of services to mortgage intermediaries and estate agent
franchisees.
Over 2,700 advisers representing
over 11% of the total purchase and remortgage market.
Its 62 estate agency franchisees
operate in 310 territories.
LSL is also one of
the UK's largest providers of surveying and valuation
services, supplying seven out of the ten largest lenders in
the UK.
For further information please visit
LSL's website: lslps.co.uk
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)
|
|
£2.77
|
54
|
|
Nil
|
11
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
|
Price
|
Aggregate Volume
|
|
£2.301
|
65
|
|
|
e)
|
Date of the transaction
|
5 March 2025
|
|
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 Executive Officer
Designate
|
|
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
|
10
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
|
Price
|
Aggregate Volume
|
|
£2.337
|
64
|
|
|
e)
|
Date of the transaction
|
5 March 2025
|
|
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)
|
|
£2.77
|
55
|
|
Nil
|
11
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
|
Price
|
Aggregate Volume
|
|
£2.308
|
66
|
|
|
e)
|
Date of the transaction
|
5 March 2025
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
