Last checked at 21 Mar 2018 14:00
21 March 2018
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')
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.
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs in respect of the first quarter of 2018 under the Group's Fixed Share Award, as described in the Summary Remuneration Announcement. In this respect, the Group announces that, after the settlement of income tax and national insurance contributions, Shares were acquired on 19 March 2018 on behalf of the PDMRs as listed in the table below. The acquisition price was 67.396 pence per Share.
The Shares will be held on behalf of the PDMRs and will be released over five years, with 20 per cent being released each year on the anniversary of the award.
Name | Shares |
António Horta-Osório | 176,939 |
Juan Colombás | 97,710 |
George Culmer | 99,085 |
Karin Cook | 79,819 |
Antonio Lorenzo | 98,261 |
Vim Maru | 89,453 |
Zak Mian | 89,453 |
David Oldfield | 96,333 |
Janet Pope | 68,809 |
Stephen Shelley | 97,710 |
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 176,939 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 97,710 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||
a) | Name
| George Culmer
| |||
2 | Reason for the notification
| ||||
a) | Position/status
| Chief Financial Officer
| |||
b) | Initial notification / 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 at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 99,085 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 79,819 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 98,261 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 89,453 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||
a) | Name
| Zak Mian
| |||
2 | Reason for the notification
| ||||
a) | Position/status
| Group Director, 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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 89,453 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 96,333 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 68,809 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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
| Acquisition of Shares at GBP 00.67396 each in respect of the first quarter of 2018 under the Group's Fixed Share Award.
| |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
Fixed Share Award | GBP00.67396 | 97,710 | |||
d) | Aggregated information
- Aggregated volume
- Price |
N/A
| |||
e) | Date of the transaction
| 19 March 2018 | |||
f) | Place of the transaction | London Stock Exchange (XLON)
| |||