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LLOY Lloyds Banking Group Plc

50.52
-0.48 (-0.94%)
Last Updated: 13:38:47
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lloyds Banking Group Plc LSE:LLOY London Ordinary Share GB0008706128 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.48 -0.94% 50.52 50.50 50.54 50.82 50.20 50.70 47,124,477 13:38:47
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 23.74B 5.46B 0.0859 5.89 32.14B

UK Government Sets Up Trading Plan to Sell Part of Lloyds Stake

17/12/2014 3:50pm

Dow Jones News


Lloyds Banking (LSE:LLOY)
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LONDON--The U.K. government has set up a trading plan to sell part of its stake in Lloyds Banking Group PLC (LYG).

U.K. Financial Investments Ltd., which manages the government's holdings in banks, said Wednesday that it intends to sell part of its holding in the financial services company over the next six months. The trading plan will be managed by Morgan Stanley & Co. International PLC.

The government owns 17.8 billion ordinary shares in Lloyds, representing 24.9% of the issued ordinary share capital of the company.

Write to Tapan Panchal at tapan.panchal@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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