REG - LondonStockExGroup - Director/PDMR Shareholding

Fri Jul 20, 2012 5:07am EDT

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RNS Number : 1415I
London Stock Exchange Group PLC
20 July 2012
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Acquisition and sale to meet PAYE liabilities of shares under the terms of the London Stock Exchange 2004 Long Term Incentive Plan ('the Plan')

On 20 July 2012 London Stock Exchange Group plc was notified that on 19 July 2012 certain of its senior executives received ordinary shares of 6 79/86 pence in London Stock Exchange Group plc ('Shares') following the vesting of awards made under the Plan and that some of those Shares had been sold on 19 July 2012 either to meet PAYE and National Insurance liabilities and dealing costs or to receive cash settlement.  The awards were made on 16 July 2009 and vested in full on 16 July 2012 in accordance with the Plan rules and the specific performance conditions required for vesting.

The individual awards, number of Shares sold and the resulting Shares transferred to the individuals are shown in the following table:

Director/PDMR

Number of shares vested

Number of Shares sold

Resulting number of Shares transferred to Director/PDMR for no consideration

Xavier Rolet

100,295

52,185 to meet PAYE, National Insurance and dealing costs at £10.008

 

48,110

 

Raffaele Jerusalmi

50,147

43,318 at £10.008

 

6,829

David Lester

50,147

26,093 to meet PAYE, National Insurance and dealing costs at £10.008

 

 

24,054

 

 

Full details of the Plan are provided in the report on directors' remuneration in the London Stock Exchange Group plc 2012 Annual Report.

 

This notification relates to a disclosure made in accordance with Disclosure Rule 3.1.4R (1) (a).

 

Name of contact and telephone number for queries

 

Lisa Condron, Company Secretary Tel: 020 7797 1000

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

Lisa Condron

 

Date of notification

 

20 July 2012

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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