TIDMLLOY
RNS Number : 6045H
Lloyds Banking Group PLC
13 March 2018
13 March 2018
AMMENT TO THE ANNOUNCEMENT MADE ON 12 MARCH 2018 IN RESPECT OF
THE DISPOSAL OF SHARES INFORMATION
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')
On 21 February 2018, the Group published details of upcoming
remuneration disclosures for the Group, including salary, Long-Term
Incentive Plan (LTIP) vesting, Group Performance Share (bonus),
Group Ownership Share (LTIP) awards and Fixed Share Awards for
PDMRs ('Summary Remuneration Announcement'). Where awards had not
yet been made, estimates were provided.
This announcement should be read in conjunction with the Summary
Remuneration Announcement and disclosures in the 2017 Annual Report
and Accounts published on 21 February 2018. The 2017 Annual Report
and Accounts is available on the 'Annual Reports' page in the
'Investors & Performance' section of the Group's website
www.lloydsbankinggroup.com.
2017 Group Performance Share Awards
As announced on 21 February 2018 and detailed in the
announcement released on 9 March 2018, for the 2017 Group
Performance Share awards, 50 per cent of the upfront Shares are
delivered immediately, subject to a holding period ending in March
2019. Details of these shares are as follows:
Number of Shares Vested immediately
(subject to a one year holding
Name period) (1)
António Horta-Osório 206,075
George Culmer 93,336
Juan Colombás 93,336
Karin Cook 50,645
Antonio Lorenzo 79,297
Vim Maru 78,689
Zak Mian 74,786
David Oldfield 86,961
Janet Pope 42,055
Stephen Shelley 80,118
(1) Net amount vesting immediately.
Deferred Bonus Awards for 2014, 2015 and 2016 Performance
As announced on 21 February 2018, Deferred Bonus Awards are due
to be released in 2018 which relate to performance in 2014, 2015
and 2016. In accordance with the Group's deferral policy, a
proportion of the Shares are released over three years, being
received in tranches in March and September.
In this respect, the Group announces that today, 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. A further announcement will
be made in September for the September release.
Name 2014 2015 2016
--------------------------------- ---------------- ---------------- -----------
António Horta-Osório 530,463(1) 308,526(2) 187,854
George Culmer - 167,706 88,467
Juan Colombás - 165,376 88,983
Karin Cook 14,918 17,827 59,233
Antonio Lorenzo 28,664 43,621 84,290
Vim Maru 28,512 26,488 69,868
Zak Mian 7,209 5,688 47,327
David Oldfield 18,363 23,119 92,013
Janet Pope 11,739 5,767 11,295
Stephen Shelley 19,339 19,245 25,385
(1) Subject to holding period until March 2020
(2) Subject to holding period until March 2021
Release of Long-Term Incentive Awards made in March 2015
As announced on 21 February 2018, the Long Term Incentive Plan
(LTIP) awards made in 2015 are vesting at 66.3 per cent.
In this respect, the Group announces that, after the settlement
of income tax and national insurance contributions, the PDMRs
listed in the table below today received (for no payment) the
number of Shares (including Shares in respect of dividend
equivalents) as set out by their name, following the partial
vesting of LTIP awards made in March 2015. Executive Directors and
Material Risk Takers at the time of the award in 2015 are required
to retain any Shares vesting for a further two years.
Name Shares
------------------------------- ---------
António Horta-Osório 1,792,442
George Culmer 969,681
Juan Colombás 956,214
Karin Cook 146,920
Antonio Lorenzo 883,487
Vim Maru 320,974
Zak Mian 124,882
David Oldfield 781,132
Janet Pope 109,358
Stephen Shelley 318,329
Disposal of Shares
The Group announces the sale of Shares by PDMRs as set out
below. Following the sale of Shares, the PDMRs continue to comply
with the Group's shareholding policy requirements and hold Shares
as set out below, including Shares subject to holding periods of up
to a further two years post vesting.
Name of PDMR Number Price Per Transaction date Number of Shares
of Shares Share held by the PDMR
Sold (and persons closely
associated)
following the sale
-------------- ----------- -------------- ----------------- ----------------------
Karin Cook 91,978 67.1043 pence 12 March 2018 2,131,292 2,328,857
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 the Ordinary Shares of 10p each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 206,075
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 206,075
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 530,463
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 308,526
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 187,854
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 1,026,843
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 1,792,442
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 1,792,442
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
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 the Ordinary Shares of 10p each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 93,336
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 93,336
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 and 2016 Deferred
Bonus Award on a net of income tax
and national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2015) GBP00.0000 167,706
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 88,467
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 256,173
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 969,681
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 969,681
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
---- --------------------------------------------------------------------------------------
a) Name Juan Colombás
---- ------------------------------------- -----------------------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------------------------
a) Position/status Chief Operating 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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 93,336
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 93,336
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 and 2016 Deferred
Bonus Award on a net of income tax
and national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2015) GBP00.0000 165,376
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 88,983
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 254,359
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 956,214
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 956,214
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
---- -------------------------------------------------------------------------------------
a) Name Karin Cook
---- ------------------------------------ -----------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------------
a) Position/status Group Services 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 the Ordinary Shares of 10p each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------ -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------ -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------- -----------------
Price(s) Volume(s)
---- ------------------------- -----------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 50,645
----------------------------- -----------------
d) Aggregated information
- Aggregated volume 50,645
- Price GBP00.0000
---- ------------------------------------ -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------ -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------ -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------ -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------ -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------- -----------------
Price(s) Volume(s)
---- ------------------------- -----------------
Deferred Bonus Plan
(2014) GBP00.0000 14,918
----------------------------- -----------------
Deferred Bonus Plan
(2015) GBP00.0000 17,827
----------------------------- -----------------
Deferred Bonus Plan
(2016) GBP00.0000 59,233
----------------------------- -----------------
d) Aggregated information
- Aggregated volume 91,978
- Price GBP00.0000
---- ------------------------------------ -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------ -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------ -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------ -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------ -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------- -----------------
Price(s) Volume(s)
---- ------------------------- -----------------
2015 LTIP GBP00.0000 146,920
----------------------------- -----------------
d) Aggregated information
- Aggregated volume 146,920
- Price GBP00.0000
---- ------------------------------------ -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------ -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------ -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------ -----------------------------------------------
b) Nature of the transaction Disposal of shares
---- ------------------------------------ -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------- -----------------
Price(s) Volume(s)
---- ------------------------- -----------------
Disposal of shares GBP00.671043 91,978
----------------------------- -----------------
d) Aggregated information
- Aggregated volume 91,978
- Price GBP00.671043
---- ------------------------------------ -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------ -----------------------------------------------
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 and
Wealth
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 79,297
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 79,297
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 28,664
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 43,621
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 84,290
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 156,575
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 883,487
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 883,487
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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, Retail
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 78,689
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 78,689
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 28,512
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 26,488
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 69,868
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 124,868
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 320,974
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 320,974
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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, Transformation
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 74,786
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 74,786
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 7,209
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 5,688
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 47,327
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 60,224
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 124,882
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 124,882
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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, 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 the Ordinary Shares of 10p each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 86,961
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 86,961
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 18,363
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 23,119
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 92,013
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 133,495
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 781,132
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 781,132
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
---- --------------------------------------------------------------------------------------
a) Name Janet Pope
---- ------------------------------------- -----------------------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------------------------
a) Position/status Chief of Staff and Group Director,
Corporate Affairs and Responsible
Business & Inclusion
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 42,055
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 42,055
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 11,739
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 5,767
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 11,295
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 28,801
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 109,358
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 109,358
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
---- --------------------------------------------------------------------------------------
a) Name Stephen Shelley
---- ------------------------------------- -----------------------------------------------
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 the Ordinary Shares of 10p each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
release of part of the 2017 Group
Performance Share Award on a net
of income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2017 Group Performance
Share Award Partial
Release GBP00.0000 80,118
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 80,118
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2014, 2015 and 2016
Deferred Bonus Award on a net of
income tax and national insurance
contributions (NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
Deferred Bonus Plan
(2014) GBP00.0000 19,339
---------------------------- ------------------
Deferred Bonus Plan
(2015) GBP00.0000 19,245
---------------------------- ------------------
Deferred Bonus Plan
(2016) GBP00.0000 25,385
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 63,969
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -----------------------------------------------
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 each
financial instrument,
type of instrument
Identification code GB0008706128
---- ------------------------------------- -----------------------------------------------
b) Nature of the transaction Shares acquired in respect of the
vesting of the 2015 Long-Term Incentive
Award on a net of income tax and
national insurance contributions
(NICs) basis.
---- ------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---- ------------------------ ------------------
Price(s) Volume(s)
---- ------------------------ ------------------
2015 LTIP GBP00.0000 318,329
---------------------------- ------------------
d) Aggregated information
- Aggregated volume 318,329
- Price GBP00.0000
---- ------------------------------------- -----------------------------------------------
e) Date of the transaction 12 March 2018
---- ------------------------------------- -----------------------------------------------
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
DSHGGUWGWUPRGAW
(END) Dow Jones Newswires
March 13, 2018 12:00 ET (16:00 GMT)
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