Legal & General Group Plc Director/PDMR Shareholding (5056V)

TIDMLGEN

RNS Number : 5056V

Legal & General Group Plc

14 April 2021

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); and

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 results for 2018 with one third of vested options becoming exercisable immediately, the second third becoming exercisable after the announcement of the 2019 results and the remaining third after the announcement of the 2020 results. PSP 2016 options must be exercised by the seventh anniversary of the date of grant.

 
     Name       Director/ PDMR     Number of shares      Number of shares      Shares sold to      Shares retained by 
                                 awarded on 21 April     exercised on 13        cover tax and          individual 
                                         2016               April 2021         social security 
J ohn Godfrey        PDMR               3,659                 3,659                 1,720                1,939 
 
 
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 PSP 2016 award of nil cost options over 3,659 shares. 
                                          2. Sale of 1,720 shares to cover tax and dealing costs (1,939 shares 
                                          retained). 
c)   Price(s) and volume(s)         Price(s)                        Volume 
        1. Nil cost                                                       1. 3,659 
        2. 2.938                                                          2. 1,720 
d)   Aggregated information         1. Price                        1. Volume            1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                        1. 3,659             1. GBP0.00 
  1. Price                                                          1. Volume            1. Total 
  2. GBP2.938                                                       2. 1,720             2. GBP5,053.36 
e)   Date of the transaction        13 April 2021 
f)   Place of the transaction       London Stock Exchange, XLON 
 

14 April 2021

Leanne Cornish

Senior Assistant Company Secretary

Legal & General Group Plc

Tel: [phone]

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April 14, 2021 12:30 ET (16:30 GMT)