Director/PDMR Shareholding
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On 3 July 2025, the Company granted share-based awards ("Awards") under the LSL Property Services plc 2025 Long Term Incentive Plan (the "2025 LTIP") to the following 'persons discharging managerial responsibilities':
| PDMR | Individual allocation of the total 'pool' available for distribution pursuant to the 2025 LTIP |
|---|---|
| Adam Castleton | 35% |
| Stephen Goodall | 7% |
| Paul Hardy | 7% |
| Richard Howells | 7% |
Each Award is granted in the form of a nil-cost option which will be capable of vesting on, and exercise following, each of 31 December 2027 and 31 December 2029, subject to the achievement on each such date of a minimum level of compound annual growth in the value of an ordinary share in the capital of the Company (a "Share") being achieved by the relevant vesting date.
The number of Shares over which each Award shall vest and become exercisable shall be such number of Shares as have a value, as at the relevant vesting date, which is equal to the relevant Award holder's individual allocation (as shown in the table above) of the total 'pool' which is available for distribution pursuant to the 2025 LTIP. The total 'pool' which is available for distribution shall be determined by reference to the extent of the compound annual growth in the value of a Share from January 2025 to the relevant vesting date.
For further details of the 2025 LTIP, including the compound annual growth in the value of a Share which is required to be achieved and the basis on which the total 'pool' available for distribution pursuant to the 2025 LTIP will be calculated, shareholders should review the detailed summary of the principal terms of the 2025 LTIP which can be found in Part III of the Notice of General Meeting which was circulated to shareholders on 9 May 2025.
| Disclosure required under Provision 4 of the UK Corporate Governance Code about voting on the resolutions put to shareholders in relation to the grant of the 2025 LTIP can be found on our website via the link Investor Communications | LSL Property Services plc | |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | |
| a) | Name | Adam Castleton |
| 2. | Reason for the notification | |
| a) | Position/status | Group Chief Executive Officer |
| b) | Initial notification/ Amendment | Initial Notification |
| a) | Name | LSL Property Services plc |
| b) | LEI | 213800T4VM5VR3C7S706 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.2p each in LSL Property Services plc |
| Identification code | GB00B1G5HX72 | |
| b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the LSL Property Services plc 2025 Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil Such number of ordinary shares as have, at each relevant vesting date of the award, a value which is equal to 35% of the total vested 'pool' which is available for distribution pursuant to the 2025 LTIP. |
| d) | Aggregated information | Not applicable - single transaction |
| e) | Date of the transaction | 3 July 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | |
| a) | Name | Stephen Goodall |
| 2. | Reason for the notification | |
| a) | Position/status | PDMR |
| b) | Initial notification/ Amendment | Initial Notification |
| a) | Name | LSL Property Services plc |
| b) | LEI | 213800T4VM5VR3C7S706 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.2p each in LSL Property Services plc |
| Identification code | GB00B1G5HX72 | |
| b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the LSL Property Services plc 2025 Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil Such number of ordinary shares as have, at each relevant vesting date of the award, a value which is equal to 7% of the total vested 'pool' which is available for distribution pursuant to the 2025 LTIP. |
| d) | Aggregated information | Not applicable - single transaction |
| e) | Date of the transaction | 3 July 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | |
| a) | Name | Paul Hardy |
| 2. | Reason for the notification | |
| a) | Position/status | PDMR |
| b) | Initial notification/ Amendment | Initial Notification |
| a) | Name | LSL Property Services plc |
| b) | LEI | 213800T4VM5VR3C7S706 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.2p each in LSL Property Services plc |
| Identification code | GB00B1G5HX72 | |
| b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the LSL Property Services plc 2025 Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil Such number of ordinary shares as have, at each relevant vesting date of the award, a value which is equal to 7% of the total vested 'pool' which is available for distribution pursuant to the 2025 LTIP. |
| d) | Aggregated information | Not applicable - single transaction |
| e) | Date of the transaction | 3 July 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | |
| a) | Name | Richard Howells |
| 2. | Reason for the notification | |
| a) | Position/status | PDMR |
| b) | Initial notification/ Amendment | Initial Notification |
| a) | Name | LSL Property Services plc |
| b) | LEI | 213800T4VM5VR3C7S706 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.2p each in LSL Property Services plc |
| Identification code | GB00B1G5HX72 | |
| b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the LSL Property Services plc 2025 Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil Such number of ordinary shares as have, at each relevant vesting date of the award, a value which is equal to 7% of the total vested 'pool' which is available for distribution pursuant to the 2025 LTIP. |
| d) | Aggregated information | Not applicable - single transaction |
| e) | Date of the transaction | 3 July 2025 |
| f) | Place of the transaction | Outside a trading venue |
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