Repurchase and Cancellation o

RNS Number : 1845E

Lloyds Banking Group PLC

16 December 2009

 



16 December 2009

Repurchase and Cancellation of Preference Shares

As described in its previous announcement on 11 December 2009, Lloyds Banking Group plc ("Lloyds Banking Group") has now settled the exchanges described below. On 15 December 2009, Lloyds Banking Group repurchased for cancellation (i) 301,900 preference shares (representing U.S.$301,900,000 in liquidation preference) of its U.S.$750,000,000 6.413 per cent. Non-Cumulative Fixed to Floating Rate Preference Shares (ISIN: GB00B3KSBH82) leaving 448,100 preference shares (representing U.S.$448,100,000 in liquidation preference) outstanding; (ii) 178,922 preference shares (representing U.S.$178,922,000 in liquidation preference) of its U.S.$750,000,000 5.92 per cent. Non-Cumulative Fixed to Floating Rate Preference Shares (ISIN: GB00B3KSBJ07) leaving 571,078 preference shares (representing U.S.$571,078,000 in liquidation preference) outstanding; (iii) 221,292 preference shares (representing U.S.$221,292,000 in liquidation preference) of its U.S.$750,000,000 6.657 per cent. Non-Cumulative Fixed to Floating Rate Preference Shares (ISIN: GB00B3KSBK12) leaving 528,708 preference shares (representing U.S.$528,708,000 in liquidation preference) outstanding; and (iv) 356,648 preference shares (representing U.S.$356,648,000 in liquidation preference) of its U.S.$1,000,000,000 6.267 per cent. Non-Cumulative Fixed to Floating Rate Preference Shares (ISIN: XS0460002693) leaving 643,352 preference shares (representing U.S.$643,352,000 in liquidation preference) outstanding.

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For further information:

Investor Relations

Michael Oliver                                                                                                                          [phone]

Director of Investor Relations

Email: [e-mail]

Moira d'Arcy                                                                                                                             [phone]

Head of Debt Investor Relations

Email: moira.d'[e-mail]

Media Relations

Sara Evans                                                                                                                              [phone]
Media Relations Manager
Email: [e-mail]

This announcement and the information contained herein do not contain or constitute an offer for sale or the solicitation of an offer to purchase securities in the United States. The ECNs referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration under the Securities Act or an available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offer of ECNs in the United States.

 

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