Director/PDMR Shareholding

Lloyds Banking Group PLC
24 June 2024
 

24 June 2024

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 should be read in conjunction with the disclosures in the 2023 Annual Report and Accounts published on 22 February 2024. The 2023 Annual Report and Accounts is available on the 'Financial downloads' page in the 'Investors' section of the Group's website www.lloydsbankinggroup.com.

 

Fixed Share Awards

This announcement details the number of Shares acquired by PDMRs in respect of the second quarter of 2024 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 21 June 2024, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 56.1446 pence per Share.

 

The Shares will be held on behalf of the PDMRs and will be released over a three-year period, with one-third being released each year on 21 June.

 

Name

Shares

Charlie Nunn

257,709

William Chalmers

123,700

 

 

Exercise of options to acquire Shares

Sharon Doherty, Ron van Kemenade and John Winter acquired Shares following the exercise of share buyout awards (for nil consideration) on 24 June 2024. The number of Shares acquired by each, after the settlement of income tax and national insurance contributions, is as set out below by their name. The Shares Ron and John received are subject to holding periods in line with the periods applicable to the awards from their previous employers which were bought out.

 

Name

 

 

Net Shares

Sharon Doherty

 

 

1,662,336

Ron van Kemenade



70,403

John Winter



179,460





 

 

 

 

ENQUIRIES:

 

Investor Relations

Douglas Radcliffe

Group Investor Relations Director

Email: douglas.radcliffe@lloydsbanking.com

 

Group Corporate Affairs

Matt Smith

Head of Media Relations

Email: matt.smith@lloydsbanking.com

 

+44 (0) 20 7356 1571

 

 

 

 

+44 (0) 7788 352 487

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Charlie Nunn

 

2

Reason for the notification

 

a)

Position/status

 

Group Chief Executive

 

b)

Initial notification / Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Lloyds Banking Group plc

b)

LEI

 

549300PPXHEU2JF0AM85

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 10p each

 

 

 

GB0008706128

b)

Nature of the transaction

 

 

Acquisition of Shares - In respect of the second quarter of 2024 under the Group's Fixed Share Award after the settlement of income tax and national insurance contributions

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)




GBP00.561446

257,709







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A (single transaction)

 

 

e)

Date of the transaction

 

2024-06-21

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

William Chalmers

 

2

Reason for the notification

 

a)

Position/status

 

Chief Financial Officer

 

b)

Initial notification / Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Lloyds Banking Group plc

b)

LEI

 

549300PPXHEU2JF0AM85

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 10p each

 

 

 

GB0008706128

b)

Nature of the transaction

 

 

Acquisition of Shares - In respect of the second quarter of 2024 under the Group's Fixed Share Award after the settlement of income tax and national insurance contributions

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)




GBP00.561446

123,700







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A (single transaction)

 

e)

Date of the transaction

 

2024-06-21

f)

Place of the transaction

London Stock Exchange (XLON)

 

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Sharon Doherty

2

Reason for the notification

 

a)

Position/status

 

Chief People & Places Officer

b)

Initial notification / Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Lloyds Banking Group plc

b)

LEI

 

549300PPXHEU2JF0AM85

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 10p each

 

 

 

GB0008706128

b)

Nature of the transaction

 

 

Acquisition of Shares following the exercise of a share award after the settlement of income tax and national insurance contributions

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)




GBP00.0000

1,662,336







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A (single transaction)

 

 

e)

Date of the transaction

 

2024-06-24

f)

Place of the transaction

Outside a trading venue

 

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

 Ron van Kemenade

2

Reason for the notification

 

a)

Position/status

 

Group Chief Operating Officer

b)

Initial notification / Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Lloyds Banking Group plc

b)

LEI

 

549300PPXHEU2JF0AM85

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 10p each

 

 

 

GB0008706128

b)

Nature of the transaction

 

 

Acquisition of Shares following the exercise of a share award after the settlement of income tax and national insurance contributions

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)




GBP00.0000

70,403







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A (single transaction)

 

 

e)

Date of the transaction

 

2024-06-24

f)

Place of the transaction

Outside a trading venue

 

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

John Winter

2

Reason for the notification

 

a)

Position/status

 

CEO Corporate & Institutional Banking

b)

Initial notification / Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Lloyds Banking Group plc

b)

LEI

 

549300PPXHEU2JF0AM85

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 10p each

 

 

 

GB0008706128

b)

Nature of the transaction

 

 

Acquisition of Shares following the exercise of a share award after the settlement of income tax and national insurance contributions

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)




GBP00.0000

179,460







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A (single transaction)

 

 

e)

Date of the transaction

 

2024-06-24

f)

Place of the transaction

Outside a trading venue

 

 

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