REG - LondonStockExGroup - Director/PDMR Shareholding

Fri Aug 3, 2012 9:32am EDT

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RNS Number : 2984J
London Stock Exchange Group PLC
03 August 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 3 August 2012 London Stock Exchange Group plc was notified that on 1 August 2012 that the senior executive noted below received ordinary shares of 6 79/86 pence in London Stock Exchange Group plc ('Shares') following the vesting of a matching award made under the Plan and that some of those Shares had been sold on 1 August  2012 to meet PAYE and National Insurance liabilities and dealing costs.  The awards were made on 28 July 2009 and vested in full on 28 July 2012 in accordance with the Plan rules and the specific performance conditions required for vesting including the requirement for the executive to purchase Invested Shares in order to receive a matching award.

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

David Lester

28,981

15,080 to meet PAYE, National Insurance and dealing costs at £9.585

13,901

 

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 3.1.2R .

 

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

 

3 August 2012

 


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