Rule 2.10 Announcement

RNS Number : 5355L

Lloyds TSB Group PLC

13 January 2009

 



13 January 2009

Lloyds TSB Group plc (the "Company") - Disclosure in accordance with Rule 2.10 of the City Code

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), Lloyds TSB Group plc confirms that it has in issue 8,569,508,872 ordinary shares of 25 pence each with voting rights.  The ISIN reference for the ordinary shares is GB0008706128.

The Company holds no treasury shares.

Lloyds TSB Group plc shares are traded in the USA through an NYSE-listed sponsored ADR facility, with The Bank of New York as the depositary.  The ADRs are traded on the New York Stock Exchange under the symbol LYG.  The ISIN number is US5394391099 and the ratio of ADRs to ordinary shares is 1:4.

The total number of shares issued by Lloyds TSB Group plc with voting rights which are exercisable in all circumstances at general meetings is therefore 8,569,508,872. This figure may be used by shareholders to determine the percentage of issued share capital they hold in the Company and if they are required to notify their interest in, or a change in their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information:-

Investor Relations

Michael Oliver                                                                         [phone]

Director of Investor Relations

Email: [e-mail] 

Douglas Radcliffe                                                                   [phone]

Senior Manager, Investor Relations

Email: [e-mail] 

Media Relations

Amy Mankelow                                                                         [phone]

Senior Manager, Media Relations

Email: [e-mail] 

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of Lloyds TSB Group plc or of HBOS plc ("HBOS"), all dealings in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3:30pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends.  If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of Lloyds TSB Group plc or of HBOS, they will be deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of Lloyds TSB Group plc or of HBOS by Lloyds TSB Group plc or HBOS, or by any of their respective "associates", must be disclosed by no later than 12:00 noon (London time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.

"Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities.  In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the Panel's website.  If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel.

 

END

 

 

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