Director/PDMR Shareholding

RNS Number : 1515S

Lloyds Banking Group PLC

19 September 2014

 

19 September 2014

 

TOBY STRAUSS EXERCISES OPTION TO ACQUIRE SHARES IN LLOYDS BANKING GROUP PLC ("GROUP")

On 18 September 2014, the Group was notified that Toby Strauss, a person discharging managerial responsibilities, had acquired 951,353 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 nil consideration. The details of the share buy out award were announced in October 2011 at the time of the award. Mr Strauss retained all the Shares apart from 448,391 Shares which were sold at a price of 75.77 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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