TIDMLGEN

RNS Number : 0021X

Legal & General Group Plc

24 April 2019

Legal & general group plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

On 24 April 2019 the Company received notification that restricted shares awarded on 21 April 2016 had vested on 21 April 2019 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP) and Legal & General Group 2009 Company Share Option Plan (CSOP), in respect of the Directors and PDMRs named below.

The following notifications made in accordance with articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP and CSOP awards.

 
Name                 Director/ PDMR   Number of shares    Number of shares    Shares sold at a    Shares retained by 
                                      awarded on 21       vested on 21 April  share price of      individual 
                                      April 2016          2019                GBP2.912 
Nigel Wilson         Director         271,950             271,950             271,950             0 
Mark Zinkula         Director         224,141             224,141             224,141             0 
Cheryl Agius         PDMR             10,798              10,798              10,798              0 
Cheryl Agius         PDMR             8,741               8,741               8741                0 
Stephen Licence      PDMR             12,340              12,340              12,340              0 
Stephen Licence      PDMR             6,068               6,068               6,068               0 
Bernard Hickman      PDMR             23,138              23,138              23,138              0 
John Godfrey         PDMR             13,883              13,883              6,526               7,357 
Laura Mason          PDMR             37,535              37,535              17,642              19,893 
Kerrigan Procter     Director         98,357              98,357              46,228              52,129 
Geoffrey Timms       PDMR             29,566              29,566              13,897              15,669 
Christopher Knight   PDMR             26,223              26,223              12,325              13,898 
 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                        Nigel Wilson 
2    Reason for the notification 
a)   Position/status                             Group Chief Executive Officer/ 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 instrument,    Ordinary shares of GBP0.025 each, with voting rights attached 
     type of instrument                           GB0005603997 
     Identification code 
b)   Nature of transaction                                1. Exercise of SBP Award of options over 271,950 shares 
                                                           2. Sale of 271,950 shares. 
c)   Price(s) and volume(s)                      Price(s)               Volume(s) 
  1. GBP0.00                                                                  1. 271,950 
  2. GBP2.912                                                                 2. 271,950 
d)   Aggregated information                      1 Price                1 Volume           1. Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                             1 271,950          1 0.00 
 
  2 Price                                                               2 Volume           2. Total 
  2 GBP2.912                                                            2 271,950          2.GBP791,918.40 
e)   Date of the transaction                     21 April 2019 
f)   Place of the transaction                    London Stock Exchange, XLON 
 
 
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 Limited/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 SBP Award of options over 224,141 shares 
                                            2. Sale of 224,141 shares 
c)   Price(s) and volume(s)          Price(s)                         Volume 
        1. GBP0.00                                                          1. 224,141 
        2. GBP2.912                                                         2. 224,141 
d)   Aggregated information          1 Price                          1 Volume          1 Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                           1 224,141         1 0.00 
 
  2 Price                                                             2 Volume          2 Total 
  2 GBP2.912                                                          2 224,141         2. GBP652,698.592 
e)   Date of the transaction         21 April 2019 
f)   Place of the transaction        London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                      Cheryl Agius 
2    Reason for the notification 
a)   Position/status                           Chief Executive Officer, General Insurance/PDMR 
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 instrument,  Ordinary shares of GBP0.025 each, with voting rights attached 
     type of instrument                         GB0005603997 
     Identification code 
b)   Nature of transaction                              1. Exercise of SBP Award of options over 8,741 shares 
                                                         2. Sale of 8,741 shares. 
                                                         3. Exercise of CSOP Award of options over 10,798 options 
                                                         4. Sale of 10,798 shares. 
c)   Price(s) and volume(s)                    Price(s)                Volume(s) 
  1. GBP0.00                                                                 1. 8,741 
  2. GBP2.912                                                                2. 8,741 
  3. GBP2.431                                                                3. 10,798 
  4. GBP2.912                                                                4. 10,798 
d)   Aggregated information                    1 Price                 1 Volume          3. Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                            1 8,741           1 GBP0.00 
  2 Price                                                              2 Volume          4. Total 
  2 GBP2.912                                                           2 8,741         2 GBP25,453.792 
  3 Price                                                              3 Volume          5. Total 
  3 GBP2.431                                                           3 10,798        3 GBP26,249.938 
  4 Price                                                              4 Volume          6. Total 
  4 GBP2.912                                                           4 10,798          4 GBP31,443.776 
e)   Date of the transaction                   21 April 2019 
f)   Place of the transaction                  London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                      Stephen Licence 
2    Reason for the notification 
a)   Position/status                           Group Chief Internal Auditor/PDMR 
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 instrument,  Ordinary shares of GBP0.025 each, with voting rights attached 
     type of instrument                         GB0005603997 
     Identification code 
b)   Nature of transaction                              1. Exercise of SBP Award of options over 6,068 shares 
                                                         2. Sale of 6,068 shares. 
                                                         3. Exercise of CSOP Award of options over 12,340 options 
                                                         4. Sale of 12,340 shares. 
c)   Price(s) and volume(s)                    Price(s)                Volume(s) 
  1. GBP0.00                                                                 1. 6,068 
  2. GBP2.912                                                                2. 6,068 
  3. GBP2.431                                                                3. 12,340 
  4. GBP2.912                                                                4. 12,340 
d)   Aggregated information                    1 Price                 1 Volume           7. Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                            1 6,068            1 GBP0.00 
  2 Price                                                              2 Volume           8. Total 
  2 GBP2.912                                                           2 6,068          2 GBP17,670.016 
  3 Price                                                              3 Volume           9. Total 
  3 GBP2.431                                                           3 12,340         3 GBP29,998.54 
  4 Price                                                              4 Volume           10. Total 
  4 GBP2.912                                                           4 12,340           4 GBP35,934.08 
e)   Date of the transaction                   21 April 2019 
f)   Place of the transaction                  London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                        Bernard Hickman 
2    Reason for the notification 
a)   Position/status                             Chief Executive Officer, Legal & General Insurance/PDMR 
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 instrument,    Ordinary shares of GBP0.025 each, with voting rights attached 
     type of instrument                           GB0005603997 
     Identification code 
b)   Nature of transaction                                1. Exercise of SBP Award of options over 23,138 shares. 
                                                           2. Sale of 23,138 shares. 
c)   Price(s) and volume(s)                      Price(s)                      Volume 
        1. GBP0.00                                                                   1. 23,138 
        2. GBP2.912                                                                  2. 23,138 
d)   Aggregated information                      1 Price                       1 Volume       1 Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                                    1 23,138       1 GBP0.00 
 
  2 Price                                                                      2 Volume       2 Total 
  2 GBP2.912                                                                   2 23,138       2. GBP67,377.856 
e)   Date of the transaction                     21 April 2019 
f)   Place of the transaction                    London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                           John Godfrey 
2    Reason for the notification 
a)   Position/status                Corporate Affairs Director/PDMR 
b)   Initial                        Initial Notification 
     notification/Amendment 
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             GB0005603997 
     instrument 
     Identification code 
b)   Nature of transaction                   1. Exercise of SBP Award of options over 13,883 shares. 
                                             2. Sale of 6,526 shares to cover tax and social security. The balance of 
                                             7,357 shares retained. 
c)   Price(s) and volume(s)         Price(s)                       Volume 
        1. GBP0.00                                                       1. 13,883 
        2. GBP2.912                                                      2. 6,526 
d)   Aggregated information         1 Price                        1 Volume               1 Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                        1 13,883               1 GBP0.00 
 
  2 Price                                                          2 Volume               2 Total 
  2 GBP2.912                                                       2 6,526                2. GBP19,003.712 
e)   Date of the transaction        21 April 2019 
f)   Place of the transaction       London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                           Laura Mason 
2    Reason for the notification 
a)   Position/status               Chief Executive Officer, Legal & General Retirement, Institutional/PDMR 
b)   Initial                       Initial Notification 
     notification/Amendment 
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            GB0005603997 
     instrument 
     Identification code 
b)   Nature of transaction               1. Exercise of SBP Award of options over 37,535 shares 
                                         2. Sale of 17,642 shares to cover tax and social security. The balance of 
                                         19,893 shares retained. 
c)   Price(s) and volume(s)        Price(s)                      Volume 
        1. GBP0.00                                                     1. 37,535 
        2. GBP2.912                                                    1. 17,642 
d)   Aggregated information        1 Price                       1 Volume                 1 Total 
      - Aggregated volume 
 
      - Price 
  1 GBP0.00                                                      1 37,535                 1 0.00 
 
                                   2 Price                       2 Volume                 2 Total 
  2 GBP2.912                                                     2 17,642                 2 51,373.504 
e)   Date of the transaction       21 April 2019 
f)   Place of the transaction      London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Kerrigan Procter 
2    Reason for the notification 
a)   Position/status              Chief Executive Officer, Legal & General Capital/Director 
b)   Initial                      Initial Notification 
     notification/Amendment 
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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Exercise of SBP Award of options over 98,357 shares 
                                           2. Sale of 46,228 shares to cover tax and social security. The balance of 
                                           52,129 shares retained. 
c)   Price(s) and volume(s)       Price(s)                      Volume(s) 
  1. GBP0.00                                                          1. 98,357 
  2. GBP2.912                                                         2. 46,228 
d)   Aggregated information       1 Price                       1 Volume                    1. Total 
      - Aggregated volume 
 
      - Price 
  1 GBP0.00                                                     1 98,357                      1 GBP0.00 
 
  2 Price                                                       2 Volume                      2. Total 
  2 GBP2.912                                                    2. 46,228                     2 GBP134,615.936 
e)   Date of the transaction      21 April 2019 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                            Geoffrey Timms 
2    Reason for the notification 
a)   Position/status                Group General Counsel and Company Secretary/PDMR 
b)   Initial                        Initial Notification 
     notification/Amendment 
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             GB0005603997 
     instrument 
     Identification code 
b)   Nature of transaction                1. Exercise of SBP Award of options over 29,566 shares 
                                          2. Sale of 13,897 shares to cover tax and social security. The balance of 
                                          15,669 shares retained. 
c)   Price(s) and volume(s)         Price(s)                       Volume 
        1. GBP0.00                                                       1. 29,566 
        2. GBP2.912                                                      2. 13,897 
d)   Aggregated information         1 Price                        1 Volume              1 Total 
      - Aggregated volume 
 
      - Price 
  1 GBP0.00                                                        1 13,897              1 0.00 
 
  2 Price                                                          2 Volume              2 Total 
  2 GBP2.912                                                       2 13,897              2 GBP40,468.064 
e)   Date of the transaction        21 April 2019 
f)   Place of the transaction       London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                            Christopher Knight 
2    Reason for the notification 
a)   Position/status                Chief Executive Officer, Legal & General Retirement, Retail/PDMR 
b)   Initial                        Initial Notification 
     notification/Amendment 
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             GB0005603997 
     instrument 
     Identification code 
b)   Nature of transaction                1. Exercise of SBP Award of options over 26,223 shares 
                                          2. Sale of 12,325 shares to cover tax and social security. The balance of 
                                          13,898 shares retained. 
c)   Price(s) and volume(s)         Price(s)                       Volume 
        1. GBP0.00                                                       1. 26,223 
        2. GBP2.912                                                      2. 12,325 
d)   Aggregated information         1 Price                        1 Volume               1 Total 
      - Aggregated volume 
 
      - Price 
  1 GBP0.00                                                        1 26,223               1 GBP0.00 
 
  2 Price                                                          2 Volume               2 Total 
  2 GBP2.912                                                       2 12,325               2 GBP35,890.40 
e)   Date of the transaction        21 April 2019 
f)   Place of the transaction       London Stock Exchange, XLON 
 

24 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 Authority to act as a Primary Information Provider in the United 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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