21 December 2015
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 details the number of Shares acquired by PDMRs in respect of the fourth quarter of 2015 under the Group's Fixed Share Award, as described in the Summary Remuneration announcement dated 27 February 2015 and disclosures in the Group's 2014 Annual Report and Accounts.
In this respect, the Group was notified on 21 December 2015 that on the same day, after the settlement of associated income tax liabilities and national insurance contributions, Shares were acquired on behalf of the PDMRs as listed in the table below. The acquisition price was 71.41 pence per Share.
The Shares will be held on behalf of the PDMRs and will be released over five years, with 20 per cent being released each year on the anniversary of the award.
Name |
Shares |
António Horta-Osório |
166,993 |
Juan Colombás |
92,217 |
George Culmer |
93,516 |
Andrew Bester |
90,918 |
Karin Cook |
75,332 |
Antonio Lorenzo |
92,013 |
Vim Maru |
75,332 |
David Oldfield |
84,424 |
Miguel-Ángel Rodríguez-Sola |
75,982 |
Matt Young |
64,941 |
Following these transactions, all Executive Directors and Members of the Group Executive Committee continue to comply with the Group's shareholding policy requirements.
These disclosures are made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4. The transactions took place in the UK and the Shares are listed on the London Stock Exchange.
ENQUIRIES:
Investor Relations
Douglas Radcliffe +44 (0) 20 7356 1571
Group Investor Relations Director
Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs
Matt Smith +44 (0) 20 7356 3522
Head of Corporate Media
Email: matt.smith@lloydsbanking.com