Last checked at 19 Sep 2016 15:58
19 September 2016
LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') AND PERSONS CLOSELY ASSOCIATED WITH THEM IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')
This announcement should be read in conjunction with the Summary Remuneration Announcement published on 25 February 2016 and disclosures in the 2015 Annual Report and Accounts published on 8 March 2016. The 2015 Annual Report and Accounts is available on the 'Annual Reports' page in the 'Investors & Performance' section of the Group's website www.lloydsbankinggroup.com.
Deferred Bonus Awards for 2012, 2013, 2014 and 2015 Performance
As announced on 25 February 2016, Deferred Bonus Awards are due to be released in 2016 which relate to performance in 2012, 2013, 2014 and 2015. In accordance with the Group's deferral policy, a proportion of the Shares are released over a period as set out at time of award, being received in tranches in March and September.
In this respect, the Group announces that on 16 September 2016, 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. The release on 16 September 2016 of tranches of the 2012 and 2013 Deferred Bonus Awards incorporates performance adjustments following the Group's settlement with the FCA with regard to aspects of its Payment Protection Insurance (PPI) complaint handling process during the period March 2012 to May 2013 as announced on 5 June 2015.
Name | 2012 | 2013 | 2014 | 2015 |
Juan Colombás | 44,355 | 277,981 | - | - |
George Culmer | - | 295,534 | - | - |
Andrew Bester | 67,741 | 53,305 | 33,153 | 50,506 |
Karin Cook | - | 17,357 | 14,918 | 35,654 |
Antonio Lorenzo | 37,634 | 47,034 | 28,664 | 87,242 |
Vim Maru | - | 23,927 | 28,512 | 52,978 |
Zak Mian | - | - | 7,209 | 48,295 |
David Oldfield | 21,690 | 19,854 | 18,363 | 46,239 |
Matt Young | 47,490 | 43,470 | 23,921 | 65,094 |
António Horta-Osório's annual bonus awards for 2012, 2013 and 2014 performance are subject to additional conditions including deferral for five years and accordingly will not be released in 2016. Juan Colombás and George Culmer's annual bonus awards for 2014 are subject to deferral until at least March 2017 and the annual bonus awards for 2015 performance for António Horta-Osório, Juan Colombás and George Culmer are subject to deferral until at least March 2018 and accordingly will not be released in 2016.
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 announces that, after the settlement of income tax liabilities and National Insurance contributions, 3,330 Shares were acquired on 16 September 2016 on behalf of António Horta-Osório in respect of his September 2016 salary. The acquisition price was 56.73 pence per Share.
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs in respect of the third quarter of 2016 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 liabilities and National Insurance contributions, Shares were acquired on 16 September 2016 on behalf of the PDMRs as listed in the table below. The acquisition price was 56.73 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 | 210,206 |
Juan Colombás | 116,080 |
George Culmer | 117,715 |
Andrew Bester | 114,445 |
Karin Cook | 94,826 |
Simon Davies | 114,445 |
Antonio Lorenzo | 116,734 |
Vim Maru | 94,826 |
Zak Mian | 17,517 |
David Oldfield | 106,270 |
Matt Young | 81,746 |
Share Disposals
The Group announces the disposal of Shares by PDMRs as set out below:
Name of PDMR | Number of Shares Sold | Price Per Share | Transaction date |
Andrew Bester | 360,933 | 56.30 pence | 16 September 2016 |
239,067 | 56.642 pence | 16 September 2016 | |
David Oldfield | 106,146 | 56.65 pence | 16 September 2016 |
Transfer of shares
The Group announces that Karin Cook, a PDMR, transferred 56,754, Shares to her husband, Timothy Cook, a person closely associated with her, on 16 September 2016, who acquired the Shares for nil consideration.
Sharesave
The Group announces that in order to participate, along with other PDMRs, in the current 2016 Sharesave offer, Juan Colombás and Zak Mian, both PDMRs, have each cancelled, on 15 September 2016 and 17 September 2016 respectively, their savings contracts from an earlier Sharesave. Accordingly their options over 29,990 Shares granted under the Group's Sharesave Scheme, an all-employee share plan, on 2 October 2014 at 60.02 pence per Share have lapsed. Details of the number of options to be awarded to PDMRs under the 2016 Sharesave will be announced when the options are granted.
Shareholding Requirement
Following these transactions, all Executive Directors and Members of the Group Executive Committee continue to comply with the Group's shareholding policy requirements.
ENQUIRIES:
Investor Relations Douglas Radcliffe Group Investor Relations Director Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs Matt Smith Head of Corporate Media Email: matt.smith@lloydsbanking.com
|
+44 (0) 20 7356 1571
+44 (0) 20 7356 3522 |
The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide 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
| 1. Acquisition of Shares at GBP 00.5673 each. 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. 2. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
213,536
GBP 00.5673
| ||||||||||
e)
| Date of the transaction | 16 September 2016 | ||||||||||
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 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
| 1 - 2. Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 3. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
438,416
GBP 00.5673 | ||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||||||||||
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
| Options over Ordinary Shares of 10p each granted on 2 October 2014 at GBP 00.6002 per Share under the Lloyds Banking Group Sharesave Scheme 2007, an all-employee share plan.
N/A | ||||
b)
| Nature of the transaction
| Juan Colombás cancelled his savings contract in connection with the options granted to him under the Group's Sharesave Scheme on 2 October 2014 at GBP 00.6002 per Share and therefore his option over 29,990 Shares has lapsed. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
| N/A | ||||
e)
| Date of the transaction
| 15 September 2016 | ||||
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
| 1. Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 2. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
413,249
GBP 00.5673 | ||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||||||||||||||||
a)
| Name
| Andrew Bester | ||||||||||||||||||||||
2
| Reason for the notification
| |||||||||||||||||||||||
a)
| Position/status
| Group Director & Chief Executive, 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
| 1 - 4 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 5. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
319,150
GBP 00.5673 | ||||||||||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||||||||||||||||||
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)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price
|
600,000 GBP 00.564363 | ||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||
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 Director Operations
| ||||||||||||||||||
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
| 1 - 3 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 4. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award.
| ||||||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
162,755
GBP 00.5673 | ||||||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||||||||||||||
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
| Transfer of Shares to her husband, Timothy Cook, a person closely associated, who acquired the Shares for nil consideration. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price
| N/A
| ||||
e)
| Date of the transaction
| 16 September 2016 | ||||
f)
| Place of the transaction
| Outside a trading venue
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Timothy Cook | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| A person closely associated with Karin Cook, a PDMR | ||||
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 for nil consideration from his wife, Karin Cook, a PDMR. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e)
| Date of the transaction
| 16 September 2016 | ||||
f)
| Place of the transaction
| Outside a trading venue
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| Simon Davies | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| Chief People, Legal and Strategy 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
| 1. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award.
| ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||
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 | ||||||||||||||||||||||
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
| 1 - 4 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 5. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||||||||||
d)
| Aggregated information - Aggregated volume - Price
|
317,308 GBP 00.5673 | ||||||||||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||||||||||
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, Group Customer Products & Marketing | ||||||||||||||||||
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
| 1 - 3 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 4. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||||||
d)
| Aggregated information
- Aggregated volume - Price
|
200,243 GBP 00.5673
| ||||||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||||||
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, Retail and Consumer Finance | ||||||||||||||||||||||
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
| 1 - 4 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 5. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award.
| ||||||||||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||||||||||
d)
| Aggregated information
- Aggregated volume - Price
|
212,416 GBP 00.5673 | ||||||||||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||||||||||||||||||
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)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price
| N/A
| ||||
e)
| Date of the transaction
| 16 September 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||||||||||||||||
a)
| Name
| Matt Young | ||||||||||||||||||||||
2
| Reason for the notification
| |||||||||||||||||||||||
a)
| Position/status
| Group Corporate Affairs 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
| 1 - 4 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 5. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award.
| ||||||||||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
261,721
GBP 00.5673 | ||||||||||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||||||||||
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, Digital | ||||||||||||||
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
| 1 - 2 Acquisition of Shares for nil consideration following the release of Deferred Bonus Awards under the Group's Deferred Bonus Plan. 3. Acquisition of Shares at GBP 00.5673 each in respect of the third quarter of 2016 under the Group's Fixed Share Award. | ||||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
73,021
GBP 00.5673 | ||||||||||||||
e)
| Date of the transaction
| 16 September 2016 | ||||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||||||||||
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
| Options over Ordinary Shares of 10p each granted on 2 October 2014 at GBP 00.6002 per Share under the Lloyds Banking Group Sharesave Scheme 2007, an all-employee share plan.
N/A | ||||
b)
| Nature of the transaction
| Zak Mian cancelled his savings contract in connection with the options granted to him under the Group's Sharesave Scheme on 2 October 2014 at GBP 00.6002 per Share and therefore his option over 29,990 Shares has lapsed. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
| N/A | ||||
e)
| Date of the transaction
| 17 September 2016 | ||||
f)
| Place of the transaction
| Outside a trading venue
| ||||