TIDMLGEN

RNS Number : 2200W

Legal & General Group Plc

21 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 article 19.1 and 19.3 of the Market Abuse Regulation ("MAR") relates to the vesting of conditional and restricted shares and exercise of combined awards of CSOP options and Restricted Shares awarded on 16 April 2018. These shares vested on 16 April 2021 and were released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP) incorporating The Legal & General Group Company Share Option Plan (CSOP), in respect of the Directors 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.

 
Name                  Director/ PDMR    Number of shares      Number of shares     Shares sold at a    Shares retained 
                                       awarded on 16 April       vested on          share price of      by individual 
                                              2018             16 April 2021           GBP2.790 
Bernard Hickman            PDMR              32,469                32,469               32,649                0 
Simon Gadd                 PDMR              31,231                31,231               31,231                0 
Geoffrey Timms             PDMR              74,869                74,869               74,869                0 
Nigel Wilson             Director            264,717              264,717               124,417            140,300 
Jeff Davies              Director            122,767              122,767               57,510             65,257 
Kerrigan Procter           PDMR              161,699              161,699               75,999             85,700 
Emma Hardaker-Jones        PDMR               4,696                4,696                 2,127              2,569 
John Godfrey               PDMR               1,395                1,395                  656                739 
Chris Knight               PDMR              23,530                23,530               11,060             12,470 
Stephen Licence            PDMR              21,019                21,019                9,879             11,140 
Catherine Mason            PDMR              37,667                37,667               17,704             19,963 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                       Bernard Hickman 
2    Reason for the notification 
a)   Position/status                            Chief Executive Officer, Legal & General Insurance/PDMR 
b)   Initial notification/Amendment             Initial Notification 
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 instrument,   Ordinary shares of GBP0.025 each, with voting rights attached 
     type of instrument                          GB0005603997 
     Identification code 
b)   Nature of transaction                               1. Vesting of SBP Award over 28,377 shares. 
                                                          2. Sale of 28,377 shares. 
                                                          3. Exercise of CSOP Award of options over 4,092 shares. 
                                                          4. Sale of 4,092 shares. 
c)   Price(s) and volume(s)                     Price(s)                Volume(s) 
  1. GBP0.00                                                            1. 28,377 
  2. GBP2.790                                                           2. 28,377 
  3. GBP2.688                                                           3. 4,092 
  4. GBP2.790                                                           4. 4,092 
d)   Aggregated information                     1. Price                1. Volume          1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                            1. 28,377          1. GBP0.00 
  2. Price                                                              2. Volume          2. Total 
  2. GBP2.790                                                           2. 28,377          2. GBP79,171.83 
  3. Price                                                              3. Volume          3. Total 
  3. GBP2.688                                                           3. 4,092           3. GBP10,999.30 
  4. Price                                                              4. Volume          4. Total 
  4. GBP2.790                                                           4. 4,092           4. GBP11,416.68 
e)   Date of the transaction                    16 April 2021 
f)   Place of the transaction                   London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                           Simon Gadd 
2    Reason for the notification 
a)   Position/status                                Group Chief Risk Officer/PDMR 
b)   Initial notification/Amendment                 Initial Notification 
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 instrument, type  Ordinary shares of GBP0.025 each, with voting rights attached 
     of instrument                                   GB0005603997 
     Identification code 
b)   Nature of transaction                                   1. Vesting of SBP Award over 31,231 shares. 
                                                              2. Sale of 31,231 shares. 
c)   Price(s) and volume(s)                         Price(s)               Volume(s) 
  1. GBP0.00                                                               1. 31,231 
  2. GBP2.790                                                              2. 31,231 
d)   Aggregated information                         1. Price               1. Volume        1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                               1. 31,231        1. GBP0.00 
  2. Price                                                                 2. Volume        2. Total 
  2. GBP2.790                                                              2. 31,231        2. GBP87,134.49 
e)   Date of the transaction                        16 April 2021 
f)   Place of the transaction                       London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                           Geoffrey Timms 
2    Reason for the notification 
a)   Position/status                                Group General Counsel and Company Secretary/PDMR 
b)   Initial notification/Amendment                 Initial Notification 
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 instrument, type  Ordinary shares of GBP0.025 each, with voting rights attached 
     of instrument                                   GB0005603997 
     Identification code 
b)   Nature of transaction                                   1. Vesting of SBP Award over 74,869 shares. 
                                                              2. Sale of 74,869 shares. 
c)   Price(s) and volume(s)                         Price(s)              Volume(s) 
  1. GBP0.00                                                              1. 74,869 
  2. GBP2.790                                                             2. 74,869 
d)   Aggregated information                         1. Price              1. Volume        1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                              1. 74,869        1. GBP0.00 
  2. Price                                                                2. Volume        2. Total 
  2. GBP2.790                                                             2. 74,869        2. GBP208,884.51 
e)   Date of the transaction                        16 April 2021 
f)   Place of the transaction                       London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Nigel Wilson 
2    Reason for the notification 
a)   Position/status              Group Chief Executive Officer/Director 
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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 264,717 shares. 
                                           2. Sale of 124,417 shares to cover tax and social security. The balance of 
                                           140,300 shares 
                                           retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 264,717 
  2. GBP2.790                                                  2. 124,417 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 264,717                   1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 124,417                   2. GBP347,123.43 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Jeff Davies 
2    Reason for the notification 
a)   Position/status              Group Chief Financial Officer/Director 
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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 111,607 shares. 
                                           2. Sale of 52,456 shares to cover tax and social security. The balance of 
                                           59,151 shares retained. 
                                           3. Exercise of CSOP Award of options over 11,160 shares. 
                                           4. Sale of 5,054 shares to cover tax and social security. The balance of 
                                           6,106 shares retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 111,607 
  2. GBP2.790                                                  2. 52,456 
  3. GBP2.688                                                  3. 11,160 
  4. GBP2.790                                                  4. 5,054 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 111,607                   1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 52,456                    2. GBP146,352.24 
  3. Price                                                     3. Volume                    3. Total 
  3. GBP2.688                                                  3. 11,160                    3. GBP29,998.08 
  4. Price                                                     4. Volume                    4. Total 
  4. GBP2.790                                                  4. 5,054                     4. GBP14,100.66 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Kerrigan Procter 
2    Reason for the notification 
a)   Position/status              Chief Executive Officer, Legal & General Capital/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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 161,699 shares. 
                                           2. Sale of 75,999 shares to cover tax and social security. The balance of 
                                           85,700 shares retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 161,699 
  2. GBP2.790                                                  2. 75,999 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 161,699                   1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 75,999                    2. GBP212,037.21 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                          Emma Hardaker-Jones 
2    Reason for the notification 
a)   Position/status              Group HR 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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Exercise of CSOP Award of options over 4,696 shares. 
                                           2. Sale of 2,127 shares to cover tax and social security. The balance of 
                                           2,569 shares retained. 
c)   Price(s) and volume(s)       Price(s)                      Volume(s) 
  1. GBP2.688                                                   1. 4,696 
  2. GBP2.790                                                   2. 2,127 
d)   Aggregated information       1. Price                      1. Volume                   1. Total 
      - Aggregated volume 
      - Price 
  1. GBP2.688                                                   1. 4,696                    1. GBP12,622.848 
  2. Price                                                      2. Volume                   2. Total 
  2. GBP2.790                                                   2. 2,127                    2. GBP5,934.33 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 1,395 shares. 
                                           2. Sale of 656 shares to cover tax and social security. The balance of 739 
                                           shares retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 1,395 
  2. GBP2.790                                                  2. 656 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 1,395                     1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 656                       2. GBP1,830.24 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Chris Knight 
2    Reason for the notification 
a)   Position/status              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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 23,530 shares. 
                                           2. Sale of 11,060 shares to cover tax and social security. The balance of 
                                           12,470 shares retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 23,530 
  2. GBP2.790                                                  2. 11,060 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 23,530                    1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 11,060                    2. GBP30,857.40 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Stephen Licence 
2    Reason for the notification 
a)   Position/status              Group Chief Internal Auditor/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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 21,019 shares. 
                                           2. Sale of 9,879 shares to cover tax and social security. The balance of 
                                           11,140 shares retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 21,019 
  2. GBP2.790                                                  2. 9,879 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 21,019                    1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 9,879                     2. GBP27,562.41 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 
 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                         Catherine Mason 
2    Reason for the notification 
a)   Position/status              Chief Executive Officer, Legal & General Retirement, Institutional/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           Ordinary shares of GBP0.025 each, with voting rights attached 
     financial instrument, type    GB0005603997 
     of instrument 
     Identification code 
b)   Nature of transaction                 1. Vesting of SBP Award over 37,667 shares. 
                                           2. Sale of 17,704 shares to cover tax and social security. The balance of 
                                           19,963 shares retained. 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
  1. GBP0.00                                                   1. 37,667 
  2. GBP2.790                                                  2. 17,704 
d)   Aggregated information       1. Price                     1. Volume                    1. Total 
      - Aggregated volume 
      - Price 
  1. GBP0.00                                                   1. 37,667                    1. GBP0.00 
  2. Price                                                     2. Volume                    2. Total 
  2. GBP2.790                                                  2. 17,704                    2. GBP49,394.16 
e)   Date of the transaction      16 April 2021 
f)   Place of the transaction     London Stock Exchange, XLON 
 

21 April 2021

Leanne Cornish

Assistant Company Secretary

Legal & General Group Plc

Tel: 0203 124 2107

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April 21, 2021 12:30 ET (16:30 GMT)

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