London Stock Exchange Group PLC Director/PDMR Shareholding (7685J)
April 09 2015 - 9:55AM
UK Regulatory
TIDMLSE
RNS Number : 7685J
London Stock Exchange Group PLC
09 April 2015
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Acquisition of shares under the terms of the London Stock
Exchange Group Long Term Incentive Plan 2014 ('the 2014 LTIP')
On 8 April 2015 London Stock Exchange Group plc ('the Company')
was notified that on 8 April 2015 Nikhil Rathi purchased 3,230
ordinary shares of 6 79/86 pence in London Stock Exchange Group plc
('Shares'). The venue of execution for the purchase of the Shares
was London Stock Exchange.
PDMR Number of
Invested Shares
Purchased
------------- ------------------------------
Nikhil Rathi 2,350 at GBP25.436 per share;
and
880 at GBP25.404 per share
(registered in the name of
Jyoti Rathi, a connected
person)
------------- ------------------------------
Nikhil Rathi is participating in the 2014 LTIP whereby an
employee purchases Shares in the Company ('Invested Shares') and,
in return, is subsequently granted a matching award of Shares (the
'Matching Award').
In return for Nikhil Rathi purchasing Invested Shares the
Company will grant him a Matching Award over such number of Shares
that equals two times the number of Shares that Nikhil Rathi could
have bought had the investment been made on a pre-tax basis.
To be eligible to receive the Matching Award, senior executives
must hold their Invested Shares and remain in employment for a
period of three years from the date of grant of the Matching Award.
The actual number of Shares transferred to a senior executive on
the vesting of the Matching Award will depend on the extent to
which corporate performance targets are satisfied over the
three-year vesting period.
Full details of the 2014 LTIP are provided in the Directors'
Remuneration Report in the London Stock Exchange Group plc Annual
Report for the 9 months to 31 December 2014.
This notification relates to a disclosure made in accordance
with Disclosure Rule 3.1.4R (1) (a).
Name of contact and telephone number for queries
Lisa Condron, Company Secretary Tel: 020 7797 1000
Name and signature of duly authorised officer of issuer
responsible for making notification
Lisa Condron
Date of notification
9 April 2015
This information is provided by RNS
The company news service from the London Stock Exchange
END
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