Last checked at 13 Mar 2018 16:00
13 March 2018
AMENDMENT 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:
| Name | Number of Shares Vested immediately (subject to a one year holding 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 | 530,4631 | 308,5262 | 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 of Shares Sold | Price Per Share | Transaction date | Number of Shares held by the PDMR (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 Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs Fiona Laffan Director of Corporate Communications Email: fiona.laffan@lloydsbanking.com |
+44 (0) 20 7356 1571
+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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
206,075
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
1,026,843
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
1,792,442
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
93,336
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
256,173
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
969,681
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
93,336
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
254,359
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
956,214
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
50,645
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
91,978
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
146,920
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
91,978
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
79,297
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
156,575
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
883,487
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
78,689
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
124,868
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
320,974
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
74,786
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
60,224
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
124,882
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
86,961
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
133,495
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
781,132
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
42,055
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
28,801
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
109,358
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 / Amendment
| Initial Notification | |||
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
80,118
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
63,969
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 financial instrument, type of instrument
Identification code
| Ordinary Shares of 10p each
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
- Price |
318,329
GBP00.0000
| |||
e) | Date of the transaction
| 12 March 2018 | |||
f) | Place of the transaction | Outside a trading venue
| |||