TIDMLLOY

RNS Number : 4385H

Lloyds Banking Group PLC

17 August 2016

17 August 2016

LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ("SHARES")

Group Chief Executive Acquisition of Shares

As described in the Summary Remuneration Announcement, the Group Chief Executive's 4 per cent additional increase in base salary is delivered monthly in Shares and the Shares will be held until the Government has sold its shareholding in the Group.

In this respect, the Group was notified on 17 August 2016 that, after the settlement of income tax liabilities and National Insurance contributions, 3,482 Shares were acquired on 17 August 2016 on behalf of António Horta-Osório in respect of his August 2016 salary. The acquisition price was 54.25 pence per Share.

ENQUIRIES:

Investor Relations

Douglas Radcliffe +44 (0) 20 7356 1571

Group Investor Relations Director

Email: douglas.radcliffe@finance.lloydsbanking.com

Group Corporate Affairs

Ed Petter +44 (0) 20 8936 5655

Deputy Group Corporate Affairs Director

Email: ed.Petter@lloydsbanking.com

The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       António Horta-Osório 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Group Chief Executive 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Lloyds Banking Group plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        549300PPXHEU2JF0AM85 
---  -------------------------  ------------------------------- 
 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             Ordinary Shares of 10p each 
       the financial 
       instrument, type 
       of instrument 
                                  GB0008706128 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Acquisition of Shares as 
       transaction                described above. 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price(s)       Volume(s) 
                                   -------------  ---------- 
                                    GBP 00.5425    3,482 
                                   -------------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         N/A (single transaction) 
 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    17 August 2016 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  -------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 17, 2016 07:15 ET (11:15 GMT)

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