9th May 2012 12:00
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities (PDMRs) and Connected Persons
The Legal & General Group Plc Performance Share Plan 2004 (PSP)
On 9 May 2012 Legal & General Group Plc (the Company) received notification that nil-cost options had vested and been exercised under the terms of the PSP, in respect of the Directors and PDMRs named below.
Name | Director/ PDMR | Award Granted on 6 May 2009 | Nil-cost options vested on 8 May 2012 | Nil-cost options exercised and shares subsequently sold on 8 May 2012 at a price of 111.325p per ordinary share. |
Timothy Breedon | Director | 1,984,536 | 1,984,536 | 1,984,536 |
Andrea Blance | PDMR | 362,886 | 362,886 | 362,886 |
Gareth Hoskin | PDMR | 554,381 | 554,381 | 288,279* |
Elaine MacLean | PDMR | 329,896 | 329,896 | 329,896 |
* Shares sold to meet tax and national insurance liability.
The Legal & General Group Plc Share Bonus Plan 2004 (SBP)
On 9 May 2012 the Company received notification that shares had vested and been released under the terms of the SBP, in respect of the Directors and PDMRs named below.
Name | Director/ PDMR | Award Granted on 6 May 2009 relating to the deferred shares element of the SBP | Shares vested on 6 May 2012 | Shares vested and subsequently sold on 8 May 2012 at a price of 111.325p per ordinary share. |
Mark Gregory | Director | 41,237 | 41,237 | 21,444* |
Andrea Blance (1) | PDMR | 72,164 | 72,164 | 62,268 |
Gareth Hoskin | PDMR | 51,546 | 51,546 | 26,804* |
Elaine MacLean | PDMR | 41,237 | 41,237 | 41,237 |
Philippa Scott | PDMR | 20,618 | 20,618 | 10,722* |
Geoffrey Timms | PDMR | 60,137 | 60,137 | 60,137 |
* Shares sold to meet tax and national insurance liability.
Notes
(1) Maximum SBP award granted to Andrea Blance and vested on 6 May 2012 includes an award of 20,618 shares granted to David Brown, a person connected to Andrea. SBP shares sold by Andrea Blance include 10,722 shares sold by David Brown (such shares were sold to meet tax and national insurance liability), a person connected to Andrea.
This disclosure relates to transactions notified in accordance with DTR 3.1.4R(1)(a).
These transactions took place in London.
Name of person making notification: | Natasha Mora |
Contact number: | 020 3124 2100 |
Date of notification: | 9 May 2012 |
Related Shares:
Legal & General