TIDMLGEN

RNS Number : 8820O

Legal & General Group Plc

03 June 2020

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 article 19.1 and 19.3 of the Market Abuse Regulation ("MAR") relates to the vesting of conditional and restricted shares awarded on 18 July 2019. These shares vested on 31 May 2020 and were released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP), in respect of the Director below. Under the plan provisions, the default of selling sufficient shares to cover tax liabilities and retention of the remaining shares is applied if no election is received from participants.

 
Number of shares vested on 31 May 2020  Shares sold to cover tax (price GBP1.9850)  Shares retained by individual 
                74,162                                    36,396                               37,766 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                          Michelle Scrimgeour 
2    Reason for the notification 
a)   Position/status               Chief Executive Officer, Legal & General Investment Management/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 74,162 shares 
                                            2. Sale of 36,396 shares to cover tax and social security . The balance of 
                                            37,766 shares retained. 
c)   Price(s) and volume(s)        Price(s)                      Volume(s) 
  1. GBP0.00                                                           1. 74,162 
  2. GBP1.9850                                                         2. 36,396 
d)   Aggregated information        1 Price                       1 Volume                     1 Total 
      - Aggregated volume 
      - Price 
  1 GBP0.00                                                      1 74,162                    1 GBP0.00 
  2 Price                                                        2 Volume                    2 Total 
  2 GBP1.9850                                                    2 36,396                   2 GBP72,246.06 
e)   Date of the transaction       31 May 2020 
f)   Place of the transaction      London Stock Exchange, XLON

03 June 2020

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.

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June 03, 2020 12:30 ET (16:30 GMT)

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