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Lloyds Banking Group - Director/PDMR Shareholding

RNS Number : 8316Q
Lloyds Banking Group PLC
23 June 2020
 

23 June 2020

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 reports various transactions in Shares by PDMRs pursuant to the employee share plan and incentive arrangements operated by the Group and also reports details of an Individual Savings Account transaction by Zak Mian. This announcement should be read in conjunction with the disclosures in the 2019 Annual Report and Accounts published on 20 February 2020. The 2019 Annual Report and Accounts are available on the 'Annual Reports' page in the 'Investors & Performance' 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 2020 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 22 June 2020, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 31.755 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 22 June.

 

Name

Shares

António Horta-Osório

438,119

Juan Colombás

207,378

William Chalmers

210,297

Antonio Lorenzo

208,546

Vim Maru

208,546

Zak Mian

189,853

David Oldfield

204,455

Janet Pope

146,039

Stephen Shelley

207,378

Andrew Walton

131,437

 

Transfer of Shares into an Individual Savings Account ("ISA")

The Group announces that Zak Mian, a PDMR, has on 22 June 2020 sold 63,910 ordinary shares from his personal holding at a price of 31.31502 pence per share and has on 23 June 2020 purchased 61,774 ordinary shares at a price of 32.177 pence per share to effect a transfer into an ISA.

 

Following the transfer of Shares, Zak Mian (and persons closely associated) holds 3,886,959 Shares, including Shares subject to holding periods of up to a further two years post vesting, and continues to comply with the Group's shareholding policy requirements.

 

 

ENQUIRIES:

 

Investor Relations

Douglas Radcliffe

Group Investor Relations Director

Email: [email protected]lloydsbanking.com

 

Group Corporate Affairs

Matt Smith

Head of Media Relations

Email: [email protected]

 

+44 (0) 20 7356 1571

 

 

 

 

 

+44 (0) 20 7356 3522

 



 

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

 

António Horta-Osório

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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

438,119







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Juan Colombás

 

2

Reason for the notification

 

a)

Position/status

 

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 - In respect of the second quarter of 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

207,378







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

210,297







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Antonio Lorenzo

 

2

Reason for the notification

 

a)

Position/status

 

Chief Executive, Scottish Widows and Group Director, Insurance and Wealth

 

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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

208,546







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Vim Maru

 

2

Reason for the notification

 

a)

Position/status

 

Group Director, Retail

 

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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

208,546







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Zak Mian

 

2

Reason for the notification

 

a)

Position/status

 

Group Director, Transformation

 

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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

189,853







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

 

Disposal of ordinary shares (to effect transfer to ISA).

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Sale of Shares:


GBP00.3131502

63,910







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A (single transaction)

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

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 ordinary shares (to effect

transfer to ISA).

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Purchase of Shares:


GBP00.32177

61,774







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A (single transaction)

 

e)

Date of the transaction

 

2020-06-23

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

David Oldfield

 

2

Reason for the notification

 

a)

Position/status

 

Group Director, Commercial 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 - In respect of the second quarter of 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

204,455







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Janet Pope

 

2

Reason for the notification

 

a)

Position/status

 

Chief of Staff and Group Director, Corporate Affairs and Responsible Business & Inclusion

 

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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

146,039







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Stephen Shelley

 

2

Reason for the notification

 

a)

Position/status

 

Chief Risk 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 2020 under the Group's Fixed Share Award.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

207,378







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

Andrew Walton

 

2

Reason for the notification

 

a)

Position/status

 

Group Corporate Affairs Director

 

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 2020 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.31755

131,437







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2020-06-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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