Director/PDMR Shareholding

RNS Number : 4131J

Lloyds Banking Group PLC

06 August 2012

 



            6 August 2012

LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ORDINARY SHARES OF THE GROUP OF 10P EACH ("SHARES")

The Group announces that on 6 August 2012 the following share buy out awards were made to the Executives detailed below, subject to vesting timetables where applicable, for the loss of deferred share benefits forfeited as a result of their resignation from their previous employment.

Name	Maximum number of shares awarded	Note
George Culmer	2,216,187 2,243,816	a, g b, g
Andrew Bester	450,432 365,336 197,837 148,157 507,666 682,761	a, h b, h c, h d, h e, h f, h

a)  Vesting on 31 March 2013

b)  Vesting on 31 March 2014

c)  Vesting on 31 March 2015

d)  Vesting on 30 June 2013

e)  Vesting on 30 June 2014

f)   Vesting on 30 June 2015

g)  The awards are based on a share price of 28.675 pence

h)  The awards are based on a share price of 31.080 pence

This announcement is made pursuant to Disclosure Rule 3.1.4. No consideration is payable for the grant of awards notified in this announcement. The transactions took place in the UK and the shares are listed on the London Stock Exchange.

For further information:

Kate O'Neill                                                                             [phone]

Managing Director, Investor Relations

Email: kate.o'[e-mail]  

Sarah Swailes, Group Media Relations                                  [phone]

Email: [e-mail]  

 

END

 

 

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