Director/PDMR Shareholding

RNS Number : 3241Q

Lloyds Banking Group PLC

16 June 2015

 

16 June 2015

 

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")

On 15 June 2015, the Group was notified of the disposal of Shares by PDMRs as set out below:

Name of PDMR	Number of Shares Sold	Price Per Share	Transaction date
Vim Maru	500,000	86.34 pence	15 June 2015
Miguel-Ángel Rodríguez-Sola	2,300,000	86.20 pence	15 June 2015
Toby Strauss	2,100,000	86.35 pence	15 June 2015

In addition, the Group was notified on 15 June 2015 that Andrew Bester, a PDMR, had acquired 1,669,428 Shares in the Group following the exercise on the same day of a share buyout award for nil consideration. The details of the share buyout award were announced in August 2012 at the time of the award. Mr Bester has retained 624,829 Shares after the disposal of 786,599 Shares to meet income tax and national insurance contributions arising from the acquisition, and a further disposal of 258,000 Shares. The Shares were sold at 86.418 pence per Share.

Following the above disposals, the above PDMRs continue to meet their current shareholding requirements.

These disclosures are made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4.  The transactions took place in the UK and the Shares are listed on the London Stock Exchange.

ENQUIRIES:

Investor Relations

Douglas Radcliffe                                                                   [phone]

Interim Investor Relations Director

Email: [e-mail]

Group Corporate Affairs

Matt Smith                                                                               [phone]

Head of Corporate Media

Email: [e-mail]

 

END

 

 

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