Director/PDMR Shareholding

RNS Number : 9413F

Lloyds Banking Group PLC

24 March 2022

 

24 March 2022

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 disclosures in the 2021 Annual Report and Accounts published on 24 February 2022. The 2021 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 2022 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 23 March 2022, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 50.24 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 23 March.

Name	Shares
Charlie Nunn	276,920
William Chalmers	132,921
Dave Gledhill	143,441
Antonio Lorenzo	131,814
Vim Maru	131,816
David Oldfield	129,229
Janet Pope	92,306
Stephen Shelley	131,075
Andrew Walton	92,306

Exercise of options to acquire Shares

Charlie Nunn acquired 859,340   Shares, following the exercise of a share buy out award (for nil consideration) on 23 March 2022. The details of the share buy out award were announced in September 2021 at the time of the award. Charlie Nunn retained all the Shares apart from 404,092 Shares which were sold at a price of 49.965 pence per Share to meet income tax and National Insurance Contributions.

Disposal of Shares

Vim Maru, a PDMR, sold 1,400,000 Shares on 22 March 2022 at a price of 50.139 pence per Share.

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

Charlie Nunn

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 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Fixed Share Award

GBP00.5024

276,920

d)

Aggregated information - Aggregated volume - Price

N/A (single transaction)

e)

Date of the transaction

2022-03-23

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

Acquisition of Shares following the exercise of a share award.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP00.0000

859,340

d)

Aggregated information - Aggregated volume - Price

N/A (single transaction)

e)

Date of the transaction

2022-03-23

f)

Place of the transaction

Outside a trading venue

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 acquired following the exercise of a share award to meet income tax and NICs due.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP00.49965

404,092

d)

Aggregated information - Aggregated volume - Price

N/A (single transaction)

e)

Date of the transaction

2022-03-23

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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	132,921
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
f)		Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name			Dave Gledhill
2	Reason for the notification
a)	Position/status			Group Chief Operating 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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	143,441
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	131,814
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	131,816
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
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)
					GBP00.50139	1,400,000
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-22
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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	129,229
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
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, 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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	92,306
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	131,075
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
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 2022 under the Group's Fixed Share Award.
c)		Price(s) and volume(s)
					Price(s)	Volume(s)
		Fixed Share Award			GBP00.5024	92,306
d)		Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)		Date of the transaction	2022-03-23
f)		Place of the transaction	London Stock Exchange (XLON)

 

END

 

 

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