TIDMLLOY

RNS Number : 1748O

Lloyds Banking Group PLC

16 August 2017

16 August 2017

LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') 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, 4,873 Shares were acquired on 16 August 2017 on behalf of António Horta-Osório in respect of his August 2017 salary. The acquisition price was 65.71 pence per Share.

ENQUIRIES:

 
 Investor Relations 
  Douglas Radcliffe 
  Group Investor Relations Director                       +44 (0) 20 7356 1571 
  Email: douglas.radcliffe@finance.lloydsbanking.com 
 
  Group Corporate Affairs 
  Fiona Laffan 
  Director of Corporate Communications 
  Email: fiona.laffan@lloydsbanking.com                   +44 (0) 20 7356 2081

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 August 2017 salary. 
----  -----------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
----                                  ---------------------  --------------- 
                                       Price(s)               Volume(s) 
----                                  ---------------------  --------------- 
    GBP00.6571                                                4,873 
   --------------------------------------------------------  --------------- 
 
 d)    Aggregated information 
 
        - Aggregated volume             N/A (Single Transaction) 
 
        - Price 
----  -----------------------------  ----------------------------------------- 
 e)    Date of the transaction        16 August 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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August 16, 2017 08:00 ET (12:00 GMT)

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