Notification of a transaction by a PDMR

RNS Number : 4018M

Lloyds Banking Group PLC

23 August 2013

 



23 August 2013

 

LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ("SHARES")

On 23 August 2013, the Group was notified that on the same day Alison Brittain, a PDMR, exercised a share buy out award over 5,872,757 Shares for a total consideration of £1 and sold 5,872,757 Shares at a price of 74.31 pence per Share. 

The award was granted in September 2011 for the loss of deferred share benefits forfeited as a result of her resignation from the Santander Group.  The value of the award at grant was £1.8 million based on a Share price of 30.65 pence on 5 September 2011, the date she joined the Group.

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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