LMS CAPITAL PLC - PDMR Notification

1 - Details of the person discharging managerial responsibilities / person closely associated

Must complete either for a natural person or a legal person. If completing for a legal person, please include the legal form as provided for in the register where it is incorporated, if applicable.

Name of natural person

Legal person               Trustees of the Lord Rayne Will Trust

2 - Reason for the notification

For persons discharging managerial responsibilities:

- The position occupied within the issuer, emission allowance market participant / auction platform / auctioneer / auction monitor should be indicated e.g. CEO, CFO.

For persons closely associated with:

- An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;

- Name and position of the relevant person discharging managerial responsibilities

Position/status           Closely associated with Robert Anthony Rayne

Initial notification/amendment        Initial Notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Full name of the entity            LMS Capital Plc

Legal Entity Identifier code

In accordance with ISO 1744 LEI code.

4 - Details of the transaction(s)

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction(s) summary table

Date Of Transaction	Financial Instrument	Identification Code	Place Of Transaction		Currency
2016-11-09	Ordinary Shares	GB00B12MHD28	London Stock Exchange - XLON		GBP - British Pound
Nature Of Transaction: Share sale: Withers Trust Corporation Limited, James McCarthy and Nick Kelsey (in their capacity as the Trustees of the Lord Rayne Will Trust) have agreed to sell a number of the shares which they hold, as per the notification below. Robert Anthony Rayne is a beneficiary of the Lord Rayne Will Trust and the trustees are therefore closely associated with Robert Anthony Rayne, which has prompted this notification under Article 19(1) MAR.
				Price		Volume	Total
				0.56		430704	239040.72
			Aggregated	0.555		430704	239040.72

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