TIDMLLOY

RNS Number : 6828F

Lloyds Banking Group PLC

19 May 2017

19 May 2017

LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") 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 form of the Group Chief Executive's increase in base salary will follow that for 2016, with 2 per cent delivered in cash (in line with other colleagues) and the remainder delivered in Shares.

In this respect, the Group announces that, after the settlement of income tax and national insurance contributions, 4,520 Shares were acquired on 17 May 2017 on behalf of António Horta-Osório in respect of his May 2017 salary. The acquisition price was 70.84 pence per Share.

Dividend Reinvestment Plan Share Acquisitions

Described below are the details of the number of Shares acquired by PDMRs through the reinvestment of the final dividend in respect of the year ended 31 December 2016 and a special dividend paid by the Group on 16 May 2017:

 
  Name                 Shares 
   George Culmer       258,774 
   Andrew Bester        88,163 
   Simon Davies            130 
   Zak Mian             10,809 
    Antonio Lorenzo         72 
   Matt Young           77,212 
 

ENQUIRIES:

Investor Relations

   Douglas Radcliffe                                                             +44 (0) 20 7356 1571 

Group Investor Relations Director

Email: douglas.radcliffe@finance.lloydsbanking.com

Group Corporate Affairs

Matt Smith +44 (0) 20 7356 3522

Head of Corporate Media

Email: matt.smith@lloydsbanking.com

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                  Acquisition of Shares - Portion 
        transaction                    of the Group Chief Executive's 
                                       increase in base salary delivered 
                                       in Shares (as described in 
                                       the Summary Remuneration 
                                       Announcement) in respect 
                                       of May 2017 salary. 
----  -----------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
----                                  ---------------------  --------------- 
                                       Price(s)               Volume(s) 
----                                  ---------------------  --------------- 
    GBP00.7084                                                4,520 
   --------------------------------------------------------  --------------- 
 
 d)    Aggregated information 
 
        - Aggregated volume             N/A (Single Transaction) 
 
        - Price 
----  -----------------------------  ----------------------------------------- 
 e)    Date of the transaction        17 May 2017 
----  -----------------------------  ----------------------------------------- 
 f)    Place of the transaction       London Stock Exchange (XLON) 
----  -----------------------------  ----------------------------------------- 
 
 
  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              Acquisition of Shares through 
       transaction                the reinvestment of the final 
                                  dividend for 2016 and a special 
                                  dividend. 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)      Price(s)        Volume(s) 
                                  --------------  ---------- 
 
       Share Incentive              GBP 00.7030     472 
       Plan                       --------------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information     N/A (Single transaction) 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    16 May 2017 
---  -------------------------  --------------------------------- 
 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              Acquisition of Shares through 
       transaction                the reinvestment of the final 
                                  dividend for 2016 and a special 
                                  dividend. 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)      Price(s)       Volume(s) 
                                  -------------  ---------- 
       Halifax Share               GBP00.7131     153,929 
       Dealing Account            -------------  ---------- 
       (as nominee or              GBP 00.7228    104,373 
       in an ISA)                 -------------  ---------- 
 
       Global Nominee 
       Account 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         258,302 
 
       - Price                     GBP 00. 7170 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    17 May 2017 
---  -------------------------  --------------------------------- 
 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              Acquisition of Shares through 
       transaction                the reinvestment of the final 
                                  dividend for 2016 and a special 
                                  dividend. 
---  -------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)       Price(s)       Volume(s) 
                                   -------------  ---------- 
                                    GBP 00.7228    88,163 
       Global nominee              -------------  ---------- 
       account 
---  -------------------------  ---------------------------------- 
 d)   Aggregated information     N/A (Single transaction) 
 
       - Aggregated volume 
       - Price 
---  -------------------------  ---------------------------------- 
 e)   Date of the transaction    17 May 2017 
---  -------------------------  ---------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ---------------------------------- 
 
 
 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 the            Ordinary Shares of 10p 
       financial instrument,         each 
       type of instrument 
 
       Identification code 
                                     GB0008706128 
---  ----------------------------  --------------------------------- 
 b)   Nature of the transaction     Acquisition of Shares through 
                                     the reinvestment of the 
                                     final dividend for 2016 
                                     and a special dividend. 
---  ----------------------------  --------------------------------- 
 c)   Price(s) and volume(s)         Price(s)       Volume(s) 
                                     -------------  ---------- 
                                      GBP 00.7030    130 
       Share Incentive               -------------  ---------- 
       Plan 
---  ----------------------------  --------------------------------- 
 d)   Aggregated information        N/A (Single transaction) 
       - Aggregated volume 
       - Price 
---  ----------------------------  --------------------------------- 
 e)   Date of the transaction       16 May 2017 
---  ----------------------------  --------------------------------- 
 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 the            Ordinary Shares of 10p 
       financial instrument,         each 
       type of instrument 
 
       Identification code           GB0008706128 
---  ----------------------------  ------------------------------ 
 b)   Nature of the transaction     Acquisition of Shares through 
                                     the reinvestment of the 
                                     final dividend for 2016 
                                     and a special dividend. 
---  ----------------------------  ------------------------------ 
 c)   Price(s) and volume(s)         Price(s)       Volume(s) 
                                     -------------  ---------- 
                                      GBP 00.7030    606 
       Share Incentive               -------------  ---------- 
       Plan 
---  ----------------------------  ------------------------------ 
 d)   Aggregated information        N/A (Single Transaction) 
       - Aggregated volume 
 
       - Price 
---  ----------------------------  ------------------------------ 
 e)   Date of the transaction       16 May 2017 
---  ----------------------------  ------------------------------ 
 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 the            Ordinary Shares of 10p 
       financial instrument,         each 
       type of instrument 
 
       Identification code 
                                     GB0008706128 
---  ----------------------------  ------------------------------ 
 b)   Nature of the transaction     Acquisition of Shares through 
                                     the reinvestment of the 
                                     final dividend for 2016 
                                     and a special dividend. 
---  ----------------------------  ------------------------------ 
 c)   Price(s) and volume(s)         Price(s)        Volume(s) 
                                     --------------  ---------- 
       Halifax Share Dealing          GBP 00.7131     593 
       Account (as nominee           --------------  ---------- 
       or in an ISA)                  GBP 00.7228     9,599 
                                     --------------  ---------- 
       Global Nominee Account 
                                       GBP 00.7086     11 
       Held in own name              --------------  ---------- 
---  ----------------------------  ------------------------------ 
 d)   Aggregated information 
       - Aggregated volume            10,203 
 
       - Price                        GBP 00. 7222 
---  ----------------------------  ------------------------------ 
 e)   Date of the transaction       17 May 2017 
---  ----------------------------  ------------------------------ 
 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 the            Ordinary Shares of 10p 
       financial instrument,         each 
       type of instrument 
 
       Identification code 
                                     GB0008706128 
---  ----------------------------  ------------------------------ 
 b)   Nature of the transaction     Acquisition of Shares through 
                                     the reinvestment of the 
                                     final dividend for 2016 
                                     and a special dividend. 
---  ----------------------------  ------------------------------ 
 c)   Price(s) and volume(s)         Price(s)       Volume(s) 
                                     -------------  ---------- 
                                      GBP 00.7030    72 
       Share Incentive               -------------  ---------- 
       Plan 
---  ----------------------------  ------------------------------ 
 d)   Aggregated information        N/A (Single transaction) 
       - Aggregated volume 
       - Price 
---  ----------------------------  ------------------------------ 
 e)   Date of the transaction       16 May 2017 
---  ----------------------------  ------------------------------ 
 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              Acquisition of Shares through 
       transaction                the reinvestment of the final 
                                  dividend for 2016 and a special 
                                  dividend paid. 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)      Price(s)       Volume(s) 
                                  -------------  ---------- 
       Halifax Share               GBP 00.7131    4,732 
       Dealing Account            -------------  ---------- 
       (as nominee or              GBP 00.7228    72,480 
       in an ISA)                 -------------  ---------- 
 
       Global Nominee 
       Account 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         77,212 
 
       - Price                     GBP 00. 7222 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    17 May 2017 
---  -------------------------  --------------------------------- 
 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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