18 Oct 2016 14:00
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18 October 2016 |
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LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ("SHARES")
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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.
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In this respect, the Group announces that, after the settlement of income tax liabilities and National Insurance contributions, 3,549 Shares were acquired on 18 October 2016 on behalf of António Horta-Osório in respect of his October 2016 salary. The acquisition price was 53.226 pence per Share.
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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 |
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The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.
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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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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) Â | LEI Â | 549300PPXHEU2JF0AM85 Â | ||||
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 00.53226 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.  | ||||
c) Â | Price(s) and volume(s) Â Â Â Â | Â
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d)  | Aggregated information  - Aggregated volume  - Price  |   N/A (single transaction) | ||||
e)  | Date of the transaction  | 18 October 2016 | ||||
f)  | Place of the transaction  | London Stock Exchange (XLON) |
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