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 (SNP: ^DTRY - news) 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 |
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