11 June 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 announced on 9 March 2012 that part of the deferred bonus awards for 2011 granted under the Lloyds Banking Group Deferred Bonus Plan 2008 would vest in 2012 and be released in Shares.
In this respect, the Group announces that on 8 June 2012 after the settlement of income tax and national insurance contributions, the members of the Group Executive Committee listed in the table below received the number of Shares as set out by their name. The Shares were acquired for nil consideration.
Name |
Shares |
A Brittain |
376,815 |
J Colombás |
277,177 |
M Fisher |
322,467 |
A Lorenzo |
277,177 |
J Maltby |
225,546 |
D Nicholson |
146,740 |
A Risley |
184,784 |
T Strauss |
536,237 |
M Young |
279,894 |
The Group further announces that on 8 June 2012 after the settlement of income tax and national insurance contributions, Mr Nicholson received 85,015 Shares and Ms Risley received 127,379 Shares in respect of their deferred bonus awards for 2008 granted under the Lloyds Banking Group Deferred Bonus Plan 2008. The Shares were acquired for nil consideration.
On 8 June 2012 Angie Risley sold 447,276 Shares at 26.4957 pence per Share and Mark Fisher sold 322,467Shares at 26.4957 pence per Share.
This notification is made in accordance with paragraph 3.1.4 (1) (a) of the United Kingdom Listing Authority Disclosure Rules and Transparency Rules and relates to transactions notified to Lloyds Banking Group plc on 8 June 2012 by the Group's registrar, which handles administrative arrangements relating to the Lloyds Banking Group Deferred Bonus Plan 2008. The transactions took place in the United Kingdom and the Shares are listed on the London Stock Exchange.
For further information:
Douglas Radcliffe +44 (0)20 7356 1571
Head of Operations & Reporting
Email: douglas.radcliffe@ltsb-finance.co.uk
Ed Petter +44 (0) 20 8936 5655
Group Media Relations
Email: Edward.Petter@lloydsbanking.com