Last checked at 18 Jul 2016 13:30
18 July 2016
LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ("SHARES")
Group Chief Executive Acquisition of Shares
As described in the Summary Remuneration Announcement, the Group Chief Executive's 4 per cent additional increase in base salary is delivered monthly in Shares and the Shares will be held until the Government has sold its shareholding in the Group.
In this respect, the Group was notified on 18 July 2016 that, after the settlement of income tax liabilities and National Insurance contributions, 3,377 Shares were acquired on 18 July 2016 on behalf of António Horta-Osório in respect of his July 2016 salary. The acquisition price was 55.94 pence per Share.
ENQUIRIES:
Investor Relations
Douglas Radcliffe +44 (0) 20 7356 1571
Group Investor Relations Director
Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs
Matt Smith +44 (0) 20 7356 3522
Head of Corporate Media
Email: matt.smith@lloydsbanking.com
The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| António Horta-Osório | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Chief Executive | ||||
b)
| Initial notification /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
| Acquisition of Shares as described above. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction) | ||||
e)
| Date of the transaction
| 18 July 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||