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:
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Name of Director/PDMR
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Number of LSL Property Services plc ordinary shares of 0.2p each awarded
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Saad Hassanuddin, Chief Risk Officer (PDMR)
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33,099
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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.
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Percentage of award subject to condition
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Performance period
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Performance measure
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Threshold performance (no vesting below threshold)
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Proportion vesting for threshold performance
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Performance for maximum (100%) vesting
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60%
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3 years ending 31 December 2028
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Adjusted basic earnings per share ("EPS") in 2028
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32 pence
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25%
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36 pence
|
|
40%
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Total Shareholder Return ("TSR") over a three year period ranked against the FTSE Small Cap Index, excluding investment trusts and the Company
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Median
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25%
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Upper quartile
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All vested awards normally remain exercisable until 10 years from their grant.
For further information, please contact:
Debbie Fish, Group Company Secretary
Tel: 07483 147659
[email protected]
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities/ person closely associated
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a)
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Name
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Saad Hassanuddin
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2
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Reason for notification
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|
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a)
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Position/Status
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PDMR
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
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|
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a)
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Name
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LSL Property Services plc
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|
b)
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LEI
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213800T4VM5VR3C7S706
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4
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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.
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 0.2p each in LSL Property Services plc
GB00B1G5HX72
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|
b)
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Nature of transaction
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Nil-cost option award made pursuant to LSL's LTIP 2026.
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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£nil
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33,099
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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Not applicable - single transaction.
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e)
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Date of the transaction
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1 May 2026
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f)
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Place of the transaction
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Outside a trading venue
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