TIDMLLOY
RNS Number : 2402K
Lloyds Banking Group PLC
19 September 2016
19 September 2016
LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
('PDMRs') AND PERSONS CLOSELY ASSOCIATED WITH THEM IN ORDINARY
SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')
This announcement should be read in conjunction with the Summary
Remuneration Announcement published on 25 February 2016 and
disclosures in the 2015 Annual Report and Accounts published on 8
March 2016. The 2015 Annual Report and Accounts is available on the
'Annual Reports' page in the 'Investors & Performance' section
of the Group's website www.lloydsbankinggroup.com.
Deferred Bonus Awards for 2012, 2013, 2014 and 2015
Performance
As announced on 25 February 2016, Deferred Bonus Awards are due
to be released in 2016 which relate to performance in 2012, 2013,
2014 and 2015. In accordance with the Group's deferral policy, a
proportion of the Shares are released over a period as set out at
time of award, being received in tranches in March and
September.
In this respect, the Group announces that on 16 September 2016,
after the settlement of income tax and national insurance
contributions, the PDMRs listed in the table below received the
number of Shares (for no payment) as set out by their name. The
release on 16 September 2016 of tranches of the 2012 and 2013
Deferred Bonus Awards incorporates performance adjustments
following the Group's settlement with the FCA with regard to
aspects of its Payment Protection Insurance (PPI) complaint
handling process during the period March 2012 to May 2013 as
announced on 5 June 2015.
Name 2012 2013 2014 2015
Juan Colombás 44,355 277,981 - -
George Culmer - 295,534 - -
Andrew Bester 67,741 53,305 33,153 50,506
Karin Cook - 17,357 14,918 35,654
Antonio Lorenzo 37,634 47,034 28,664 87,242
Vim Maru - 23,927 28,512 52,978
Zak Mian - - 7,209 48,295
David Oldfield 21,690 19,854 18,363 46,239
Matt Young 47,490 43,470 23,921 65,094
António Horta-Osório's annual bonus awards for 2012, 2013 and
2014 performance are subject to additional conditions including
deferral for five years and accordingly will not be released in
2016. Juan Colombás and George Culmer's annual bonus awards for
2014 are subject to deferral until at least March 2017 and the
annual bonus awards for 2015 performance for António Horta-Osório,
Juan Colombás and George Culmer are subject to deferral until at
least March 2018 and accordingly will not be released in 2016.
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 announces that, after the settlement
of income tax liabilities and National Insurance contributions,
3,330 Shares were acquired on 16 September 2016 on behalf of
António Horta-Osório in respect of his September 2016 salary. The
acquisition price was 56.73 pence per Share.
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs
in respect of the third quarter of 2016 under the Group's Fixed
Share Award, as described in the Summary Remuneration Announcement.
In this respect, the Group announces that, after the settlement of
income tax liabilities and National Insurance contributions, Shares
were acquired on 16 September 2016 on behalf of the PDMRs as listed
in the table below. The acquisition price was 56.73 pence per
Share.
The Shares will be held on behalf of the PDMRs and will be
released over five years, with 20 per cent being released each year
on the anniversary of the award.
Name Shares
António Horta-Osório 210,206
Juan Colombás 116,080
George Culmer 117,715
Andrew Bester 114,445
Karin Cook 94,826
Simon Davies 114,445
Antonio Lorenzo 116,734
Vim Maru 94,826
Zak Mian 17,517
David Oldfield 106,270
Matt Young 81,746
Share Disposals
The Group announces the disposal of Shares by PDMRs as set out
below:
Name of PDMR Number Price Per Transaction
of Shares Share date
Sold
Andrew Bester 360,933 56.30 pence 16 September
2016
239,067 56.642 pence 16 September
2016
David Oldfield 106,146 56.65 pence 16 September
2016
Transfer of shares
The Group announces that Karin Cook, a PDMR, transferred 56,754,
Shares to her husband, Timothy Cook, a person closely associated
with her, on 16 September 2016, who acquired the Shares for nil
consideration.
Sharesave
The Group announces that in order to participate, along with
other PDMRs, in the current 2016 Sharesave offer, Juan Colombás and
Zak Mian, both PDMRs, have each cancelled, on 15 September 2016 and
17 September 2016 respectively, their savings contracts from an
earlier Sharesave. Accordingly their options over 29,990 Shares
granted under the Group's Sharesave Scheme, an all-employee share
plan, on 2 October 2014 at 60.02 pence per Share have lapsed.
Details of the number of options to be awarded to PDMRs under the
2016 Sharesave will be announced when the options are granted.
Shareholding Requirement
Following these transactions, all Executive Directors and
Members of the Group Executive Committee continue to comply with
the Group's shareholding policy requirements.
ENQUIRIES:
Investor Relations
Douglas Radcliffe
Group Investor Relations
Director +44 (0) 20 7356 1571
Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs
Matt Smith
Head of Corporate Media
Email: matt.smith@lloydsbanking.com +44 (0) 20 7356 3522
The following notifications, made pursuant to Article 19(3) of
the Market Abuse Regulation, provide 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 1. Acquisition of Shares
transaction at GBP 00.5673 each. 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.
2. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 Acquisition GBP 00.5673 3,330
of Shares ------------- ----------
------------ GBP 00.5673 210,206
2 Fixed Share ------------- ----------
Award
------------
--- ------------------------- -----------------------------------
d) Aggregated information
- Aggregated volume 213,536
- Price GBP 00.5673
--- ------------------------- -----------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Juan Colombás
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Chief Risk Officer
--- ------------------------- ---------------------------------
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 1 - 2. Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
3. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2012 Deferred GBP 00.5673 44,355
Bonus Award ------------- ----------
-------------- GBP 00.5673 277,981
2 2013 Deferred ------------- ----------
Bonus Award GBP 00.5673 116,080
-------------- ------------- ----------
3 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 438,416
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
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 Options over Ordinary Shares
the financial of 10p each
instrument, type granted on 2 October 2014
of instrument at GBP 00.6002 per Share
under the Lloyds Banking
Group Sharesave Scheme 2007,
Identification an all-employee share plan.
code
N/A
--- ------------------------- ------------------------------------
b) Nature of the Juan Colombás cancelled
transaction his savings contract in connection
with the options granted
to him under the Group's
Sharesave Scheme on 2 October
2014 at GBP 00.6002 per Share
and therefore his option
over 29,990 Shares has lapsed.
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
GBP 00.6002 29,990
------------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information N/A
--- ------------------------- ------------------------------------
e) Date of the transaction 15 September 2016
--- ------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name George Culmer
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------- ---------------------------------
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 1. Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
2. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2013 Deferred GBP 00.5673 295,534
Bonus Award ------------- ----------
-------------- GBP 00.5673 117,715
2 Fixed Share ------------- ----------
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 413,249
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Andrew Bester
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Group Director & Chief Executive,
Commercial Banking
--- ------------------------- ----------------------------------
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 1 - 4 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
5. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2012 Deferred GBP 00.5673 67,741
Bonus Award ------------- ----------
-------------- GBP 00.5673 53,305
2 2013 Deferred ------------- ----------
Bonus Award GBP 00.5673 33,153
-------------- ------------- ----------
3 2014 Deferred GBP 00.5673 50,506
Bonus Award ------------- ----------
-------------- GBP 00.5673 114,445
4 2015 Deferred ------------- ----------
Bonus Award
--------------
5 Fixed Share
Award
--------------
--- ------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 319,150
- Price GBP 00.5673
--- ------------------------- ----------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ----------------------------------
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 Disposal of Shares
transaction
--- ------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- ----------
GBP 00.566420 239,067
--------------- ----------
GBP 00.563000 360,933
--------------- ----------
--- ------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 600,000
- Price GBP 00.564363
--- ------------------------- ------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Karin Cook
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Group Director Operations
--- ------------------------- ---------------------------------
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 1 - 3 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
4. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2013 Deferred GBP 00.5673 17,357
Bonus Award ------------- ----------
-------------- GBP 00.5673 14,918
2 2014 Deferred ------------- ----------
Bonus Award GBP 00.5673 35,654
-------------- ------------- ----------
3 2015 Deferred GBP 00.5673 94,826
Bonus Award ------------- ----------
--------------
4 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 162,755
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
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 Transfer of Shares to her
transaction husband, Timothy Cook, a
person closely associated,
who acquired the Shares for
nil consideration.
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
GBP 00.5673 56,754
------------- ----------
--- ------------------------- -----------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- -----------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name Timothy Cook
--- ------------------------- ----------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position/status A person closely associated
with Karin Cook, a PDMR
--- ------------------------- ----------------------------
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 for
transaction nil consideration from his
wife, Karin Cook, a PDMR.
--- ------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
GBP 00.5673 56,754
------------- ----------
--- ------------------------- ----------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
--- ------------------------- ----------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ----------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Simon Davies
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Chief People, Legal and Strategy
Officer
--- ------------------------- ---------------------------------
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 1. Acquisition of Shares
transaction at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 Fixed Share GBP 00.5673 114,445
Award ------------- ----------
------------
--- ------------------------- ---------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Antonio Lorenzo
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Chief Executive, Scottish
Widows and Group Director,
Insurance
--- ------------------------- ---------------------------------
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 1 - 4 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
5. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2012 Deferred GBP 00.5673 37,634
Bonus Award ------------- ----------
-------------- GBP 00.5673 47,034
2 2013 Deferred ------------- ----------
Bonus Award GBP 00.5673 28,664
-------------- ------------- ----------
3 2014 Deferred GBP 00.5673 87,242
Bonus Award ------------- ----------
-------------- GBP 00.5673 116,734
4 2015 Deferred ------------- ----------
Bonus Award
--------------
5 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 317,308
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Vim Maru
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Group Director, Group Customer
Products & Marketing
--- ------------------------- ---------------------------------
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 1 - 3 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
4. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2013 Deferred GBP 00.5673 23,927
Bonus Award ------------- ----------
-------------- GBP 00.5673 28,512
2 2014Deferred ------------- ----------
Bonus Award GBP 00.5673 52,978
-------------- ------------- ----------
3 2015 Deferred GBP 00.5673 94,826
Bonus Award ------------- ----------
--------------
4 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 200,243
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name David Oldfield
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Group Director, Retail and
Consumer Finance
--- ------------------------- ---------------------------------
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 1 - 4 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
5. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2012 Deferred GBP 00.5673 21,690
Bonus Award ------------- ----------
-------------- GBP 00.5673 19,854
2 2013 Deferred ------------- ----------
Bonus Award GBP 00.5673 18,363
-------------- ------------- ----------
3 2014 Deferred GBP 00.5673 46,239
Bonus Award ------------- ----------
-------------- GBP 00.5673 106,270
4 2015 Deferred ------------- ----------
Bonus Award
--------------
5 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 212,416
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
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 Disposal of Shares
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
GBP 00.5665 106,146
------------- ----------
--- ------------------------- -----------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Matt Young
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Group Corporate Affairs Director
--- ------------------------- ---------------------------------
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 1 - 4 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
5. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2012 Deferred GBP 00.5673 47,490
Bonus Award ------------- ----------
-------------- GBP 00.5673 43,470
2 2013 Deferred ------------- ----------
Bonus Award GBP 00.5673 23,921
-------------- ------------- ----------
3 2014 Deferred GBP 00.5673 65,094
Bonus Award ------------- ----------
-------------- GBP 00.5673 81,746
4 2015 Deferred ------------- ----------
Bonus Award
--------------
5 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 261,721
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Zak Mian
--- ------------------------- ---------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Group Director, Digital
--- ------------------------- ---------------------------------
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 1 - 2 Acquisition of Shares
transaction for nil consideration following
the release of Deferred Bonus
Awards under the Group's
Deferred Bonus Plan.
3. Acquisition of Shares
at GBP 00.5673 each in respect
of the third quarter of 2016
under the Group's Fixed Share
Award.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1 2014 Deferred GBP 00.5673 7,209
Bonus Award ------------- ----------
-------------- GBP 00.5673 48,295
2 2015 Deferred ------------- ----------
Bonus Award GBP 00.5673 17,517
-------------- ------------- ----------
3 Fixed Share
Award
--------------
--- ------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 73,021
- Price GBP 00.5673
--- ------------------------- ---------------------------------
e) Date of the transaction 16 September 2016
--- ------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ---------------------------------
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 Options over Ordinary Shares
the financial of 10p each
instrument, type granted on 2 October 2014
of instrument at GBP 00.6002 per Share
under the Lloyds Banking
Group Sharesave Scheme 2007,
Identification an all-employee share plan.
code
N/A
--- ------------------------- --------------------------------
b) Nature of the Zak Mian cancelled his savings
transaction contract in connection with
the options granted to him
under the Group's Sharesave
Scheme on 2 October 2014
at GBP 00.6002 per Share
and therefore his option
over 29,990 Shares has lapsed.
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
GBP 00.6002 29,990
------------- ----------
--- ------------------------- --------------------------------
d) Aggregated information N/A
--- ------------------------- --------------------------------
e) Date of the transaction 17 September 2016
--- ------------------------- --------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBSGDCLUBBGLC
(END) Dow Jones Newswires
September 19, 2016 10:59 ET (14:59 GMT)
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