6th May 2026 16:34
LSL Property Services plc ("LSL")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR CONNECTED PERSONS
On 1 May 2026, the Company granted share-based awards under the LSL Property Services plc Long Term Incentive Plan for 2026, including the following award to a person discharging managerial responsibilities:
Name of Director/PDMR | Number of LSL Property Services plc ordinary shares of 0.2p each awarded |
Saad Hassanuddin, Chief Risk Officer (PDMR) | 33,099 |
The LTIP awards are nil-cost options that will normally become exercisable on 1 May 2029, subject to continuous employment and satisfaction of the performance conditions detailed in the table below.
Percentage of award subject to condition | Performance period | Performance measure | Threshold performance (no vesting below threshold) | Proportion vesting for threshold performance | Performance for maximum (100%) vesting |
60% | 3 years ending 31 December 2028 | Adjusted basic earnings per share ("EPS") in 2028 | 32 pence | 25% | 36 pence |
40% | Total Shareholder Return ("TSR") over a three year period ranked against the FTSE Small Cap Index, excluding investment trusts and the Company | Median | 25% | Upper quartile |
All vested awards normally remain exercisable until 10 years from their grant.
For further information, please contact:Debbie Fish, Group Company SecretaryTel: 07483 [email protected]
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 | Saad Hassanuddin | ||||
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 | Nil-cost option award made pursuant to LSL's LTIP 2026. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction. | ||||
e) | Date of the transaction | 1 May 2026 | ||||
f) | Place of the transaction | Outside a trading venue |
Related Shares:
Lsl Prop