Last checked at 19 May 2017 11:51
19 May 2017
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")
Group Chief Executive Acquisition of Shares
As described in the Summary Remuneration Announcement, the form of the Group Chief Executive's increase in base salary will follow that for 2016, with 2 per cent delivered in cash (in line with other colleagues) and the remainder delivered in Shares.
In this respect, the Group announces that, after the settlement of income tax and national insurance contributions, 4,520 Shares were acquired on 17 May 2017 on behalf of António Horta-Osório in respect of his May 2017 salary. The acquisition price was 70.84 pence per Share.
Dividend Reinvestment Plan Share Acquisitions
Described below are the details of the number of Shares acquired by PDMRs through the reinvestment of the final dividend in respect of the year ended 31 December 2016 and a special dividend paid by the Group on 16 May 2017:
|
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 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
| Acquisition of Shares - Portion of the Group Chief Executive's increase in base salary delivered in Shares (as described in the Summary Remuneration Announcement) in respect of May 2017 salary. | |||
c) | Price(s) and volume(s) | ||||
Price(s)
| Volume(s) | ||||
GBP00.7084 | 4,520 | ||||
d) | Aggregated information
- Aggregated volume
- Price |
N/A (Single Transaction)
| |||
e) | Date of the transaction
| 17 May 2017 | |||
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 through the reinvestment of the final dividend for 2016 and a special dividend. | ||||||
c)
| Price(s) and volume(s)
Share Incentive Plan
|
| ||||||
d)
| Aggregated information
| N/A (Single transaction)
| ||||||
e)
| Date of the transaction
| 16 May 2017 | ||||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend. | ||||||
c)
| Price(s) and volume(s)
Halifax Share Dealing Account (as nominee or in an ISA)
Global Nominee Account
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
258,302
GBP 00. 7170 | ||||||
e)
| Date of the transaction
| 17 May 2017 | ||||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend. | ||||
c)
| Price(s) and volume(s)
Global nominee account |
| ||||
d)
| Aggregated information
- Aggregated volume - Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 17 May 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend. | |||||
c)
| Price(s) and volume(s)
Share Incentive Plan
|
| |||||
d)
| Aggregated information - Aggregated volume - Price
| N/A (Single transaction) | |||||
e)
| Date of the transaction
| 16 May 2017 | |||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend. | |||||||||
c)
| Price(s) and volume(s)
Share Incentive Plan
|
| |||||||||
d)
| Aggregated information - Aggregated volume
- Price
| N/A (Single Transaction)
| |||||||||
e)
| Date of the transaction
| 16 May 2017 | |||||||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend. | |||||||||
c)
| Price(s) and volume(s)
Halifax Share Dealing Account (as nominee or in an ISA)
Global Nominee Account
Held in own name |
| |||||||||
d)
| Aggregated information - Aggregated volume
- Price
|
10,203
GBP 00. 7222 | |||||||||
e)
| Date of the transaction
| 17 May 2017 | |||||||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend. | |||||
c)
| Price(s) and volume(s)
Share Incentive Plan
|
| |||||
d)
| Aggregated information - Aggregated volume - Price
| N/A (Single transaction) | |||||
e)
| Date of the transaction
| 16 May 2017 | |||||
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
| Acquisition of Shares through the reinvestment of the final dividend for 2016 and a special dividend paid.
| ||||||
c)
| Price(s) and volume(s)
Halifax Share Dealing Account (as nominee or in an ISA)
Global Nominee Account
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
77,212
GBP 00. 7222 | ||||||
e)
| Date of the transaction
| 17 May 2017 | ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| ||||||