Director/PDMR Shareholding

Lloyds Banking Group PLC

26 March 2024

 

26 March 2024

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 2023 Annual Report and Accounts published on 22 February 2024. The 2023 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 2024 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 25 March 2024, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 52.1236 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
Charlie Nunn	266,913
William Chalmers	128,118

Exercise of options to acquire Shares

Charlie Nunn, Chira Barua, Jayne Opperman and Ron van Kemenade acquired Shares following the exercise of share buyout awards (for nil consideration) on 25 March 2024. The number of Shares acquired by each, after the settlement of income tax and national insurance contributions, is as set out below by their name. The Shares received are subject to holding periods in line with the periods applicable to the awards from their previous employer which were bought out.

Name			Net Shares
Charlie Nunn			711,874
Chira Barua			157,985
Jayne Opperman			269,043
Ron van Kemenade			55,793

Disposal of Shares

Chira Barua sold 204,234 Shares on 22 March 2024 at a price of 52.0005 pence per Share. Following that sale of Shares, Chira continues to be on track to achieve the Group's shareholding policy requirements.

ENQUIRIES:

Investor Relations Douglas Radcliffe Group Investor Relations Director Email: [e-mail] 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 2024 under the Group's Fixed Share Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.521236	266,913
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-25
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	Acquisition of Shares following the exercise of a share award on a net of income tax and national insurance contributions (NICs) basis
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.0000	711,874
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-25
f)	Place of the transaction	Outside a trading venue

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 2024 under the Group's Fixed Share Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.521236	128,118
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chirantan Barua
2	Reason for the notification
a)	Position/status	CEO, Scottish Widows and CEO, Insurance, Pensions & Investments
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 following the exercise of a share award on a net of income tax and national insurance contributions (NICs) basis
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.0000	157,985
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-25
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
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.520005	204,234
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-22
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jayne Opperman
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Consumer Relationships
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 following the exercise of a share award on a net of income tax and national insurance contributions (NICs) basis
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.0000	269,043
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-25
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ron van Kemenade
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 following the exercise of a share award on a net of income tax and national insurance contributions (NICs) basis
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP00.0000	55,793
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2024-03-25
f)	Place of the transaction	Outside a trading venue

 

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