Director/PDMR Shareholding

RNS Number : 4756D

Lloyds Banking Group PLC

28 March 2014

 



28 March 2014

 

ANTONIO HORTA-OSÓRIO EXERCISES OPTIONS TO ACQUIRE SHARES IN LLOYDS BANKING GROUP PLC ("GROUP")

On 28 March 2014, the Group was notified that António Horta-Osório, a person discharging managerial responsibilities, had acquired 4,005,764 ordinary shares of 10 pence each in the Group (the "Shares") following the exercise on the same day of a share buy out award for a total consideration of £4. The details of the share buy out award were announced in March 2011 at the time of the award. Mr Horta-Osório retained all the Shares apart from 1,887,432 Shares which were sold at a price of 73.39 pence per Share to meet income tax and national insurance contributions.  

This disclosure is made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4.  The transaction took place in the UK and the Shares are listed on the London Stock Exchange.

ENQUIRIES:

Investor Relations

Douglas Radcliffe                                                                   [phone]

Head of Operations & Reporting

Email: [e-mail]

Group Corporate Affairs

Matt Smith                                                                               [phone]

Head of Corporate Media

Email: [e-mail]

 

END

 

 

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