Director/PDMR Shareholding

RNS Number : 8205P

Lloyds Banking Group PLC

07 October 2011

 



                                                                                                                               7 October 2011

LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ("SHARES")

The Group announces that on 7 October 2011 a share buy out award was made to Toby Strauss a member of the Group Executive Committee as detailed below subject to vesting timetables for the loss of deferred share benefits forfeited as a result of his resignation from Aviva plc.  The award is based on a Share price of 33.45 pence.

Maximum number of Shares awarded	Note
1,199,605	a
1,458,977	b
951,353	c

a) vesting in April 2012 subject to remaining in employment

b) vesting in April 2013 subject to remaining in employment

c) vesting in April 2014 subject to remaining in employment

This announcement is made pursuant to Disclosure Rule 3.1.4. No consideration is payable for the grant of awards notified in this announcement. The transactions took place in the UK.  Lloyds Banking Group plc's shares are listed on the London Stock Exchange.

For further information:

Corporate Affairs

Sarah Swailes

Media Relations Manager                                                                        [phone]

Email: [e-mail]

Investor Relations

Douglas Radcliffe                                                                                     [phone]

Head of Operations & Reporting, Investor Relations
Email: [e-mail]

 

END

 

 

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