Director/PDMR Shareholding

RNS Number : 5406T

Lloyds Banking Group PLC

25 March 2021

 

25 March 2021

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')

This announcement should be read in conjunction with the Summary Remuneration Announcement and disclosures in the 2020 Annual Report and Accounts published on 24 February 2021. The 2020 Annual Report and Accounts is available on the 'Financial downloads' page in the 'Investors' section of the Group's website www.lloydsbankinggroup.com .

Fixed Share Awards

This announcement details the number of Shares acquired by PDMRs in respect of the first quarter of 2021 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 25 March 2021, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 42.162 pence per Share.

The Shares will be held on behalf of the PDMRs and will be released over a three year period, with one-third being released each year on 25 March.

Name	Shares
António Horta-Osório	329,977
William Chalmers	158,389
Antonio Lorenzo	157,069
Vim Maru	157,069
Zak Mian	142,990
David Oldfield	153,989
Janet Pope	109,992
Stephen Shelley	156,189
Andrew Walton	109,992

Disposal of Shares

The Group announces the sales of Shares by PDMRs as set out below. Following the sales of Shares, the PDMRs continue to comply with the Group's shareholding policy requirements and hold Shares as set out below, including Shares subject to holding periods of up to a further two years post vesting. 

Name of PDMR	Number of Shares Sold	Price Per Share	Transaction Date	Number of Shares held by PDMR (and persons closely associated) following the sale (but prior to release of  relevant Fixed Share Award)
Vim Maru	500,000	41.66p	24/03/2021	5,868,833
	500,000	41.475p	24/03/2021
Andrew Walton	138,485	41.571p	24/03/2021	790,269
	81,926	41.4421p	24/03/2021

ENQUIRIES:

Investor Relations Douglas Radcliffe Group Investor Relations Director Email: douglas.radcliffe@ lloydsbanking.com Group Corporate Affairs Matt Smith Head of Media Relations Email: [e-mail]

[phone] [phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			António Horta-Osório
2	Reason for the notification
a)	Position/status			Group Chief Executive
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	329,977
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			William Chalmers
2	Reason for the notification
a)	Position/status			Chief Financial Officer
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	158,389
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Antonio Lorenzo
2	Reason for the notification
a)	Position/status			Chief Executive, Scottish Widows and Group Director, Insurance and Wealth
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	157,069
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Vim Maru
2	Reason for the notification
a)	Position/status			Group Director, Retail
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	157,069
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Disposal of Shares.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
					GBP00.416600	500,000
					GBP00.41475	500,000
d)		Aggregated information - Aggregated volume - Price	1,000,000 GBP00.415675
e)		Date of the transaction	2021-03-24
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Zak Mian
2	Reason for the notification
a)	Position/status			Group Director, Transformation
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	142,990
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			David Oldfield
2	Reason for the notification
a)	Position/status			Group Director, Commercial Banking
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	153,989
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Janet Pope
2	Reason for the notification
a)	Position/status			Chief of Staff and Group Director, Corporate Affairs and Responsible Business & Inclusion
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	109,992
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Stephen Shelley
2	Reason for the notification
a)	Position/status			Chief Risk Officer
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	156,189
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Andrew Walton
2	Reason for the notification
a)	Position/status			Group Corporate Affairs Director
b)	Initial notification / Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Lloyds Banking Group plc
b)	LEI			549300PPXHEU2JF0AM85
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Acquisition of Shares - In respect of the first quarter of 2021 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.421620	109,992
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2021-03-25
f)		Place of the transaction	London Stock Exchange (XLON)
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p each GB0008706128
b)		Nature of the transaction	Disposal of Shares.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
					GBP00.415710	138,485
					GBP00.414421	81,926
d)		Aggregated information - Aggregated volume - Price	220,411 GBP00.41506
e)		Date of the transaction	2021-03-24
f)		Place of the transaction	London Stock Exchange (XLON)

 

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