Legal & General Group Plc Director/PDMR Shareholding (8928U)
02 April 2019 - 6:00PM
UK Regulatory
TIDMLGEN
RNS Number : 8928U
Legal & General Group Plc
02 April 2019
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging
Managerial Responsibilities ("PDMRs") and persons closely
associated with them
The following notification made under articles 19.1 and 19.3 of
the Market Abuse Regulation ("MAR") relates to:
-- the exercise of an award granted on 21 April 2016 under the
terms of the Legal & General Group Performance Share Plan 2016
(PSP 2016).
The performance conditions attached to the PSP 2016 award
provide that the award vests, subject to satisfaction of the
performance conditions, after the announcement of the 2018 results.
One third of the vested options will be exercisable immediately
with the second third becoming available after the announcement of
the 2019 results and the remaining third after the announcement of
the 2020 results. Options must be exercised by the seventh
anniversary of the date of grant.
Name Director/ PDMR Number of shares Number of shares Total shares sold Shares retained by
awarded on 21 April exercised on 01 April individual
2016 2019
Mark Zinkula Director 102,090 102,090 102,090 0
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Mark Zinkula
2 Reason for the notification
a) Position/status Chief Executive Officer, Legal & General Investment Management/Director
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Legal & General Group Plc
b) LEI 213800JH9QQWHLO99821
4 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
a) Description of the financial Ordinary shares of GBP0.025 each, with voting rights attached
instrument, type of instrument GB0005603997
Identification code
b) Nature of transaction 1. Exercise of PSP 2016 award of nil cost options over 102,090 shares.
2. Sale of 102,090 shares.
c) Price(s) and volume(s) Price(s) Volume
1. Nil cost 1. 102,090
2. GBP2.752 2. 102,090
d) Aggregated information 1. Price 1. Volume 1. Total
- Aggregated volume
- Price
1. GBP0.00 1. 102,090 1. GBP0.00
2. Price 2. Volume 2. Total
2. GBP2.752 2. 102,090 2. GBP280,951.68
e) Date of the transaction 01 April 2019
f) Place of the transaction London Stock Exchange, XLON
02 April 2019
Daniella Newson
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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