0001654954-19-007219.txt : 20190612 0001654954-19-007219.hdr.sgml : 20190612 20190612115952 ACCESSION NUMBER: 0001654954-19-007219 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190612 FILED AS OF DATE: 20190612 DATE AS OF CHANGE: 20190612 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lloyds Banking Group plc CENTRAL INDEX KEY: 0001160106 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15246 FILM NUMBER: 19893116 BUSINESS ADDRESS: STREET 1: 25 GRESHAM STREET CITY: LONDON STATE: X0 ZIP: EC2V 7HN BUSINESS PHONE: 44 0 20 7626 1500 MAIL ADDRESS: STREET 1: 25 GRESHAM STREET CITY: LONDON STATE: X0 ZIP: EC2V 7HN FORMER COMPANY: FORMER CONFORMED NAME: LLOYDS TSB GROUP PLC DATE OF NAME CHANGE: 20010926 6-K 1 a9937b.htm DIRECTOR/PDMR SHAREHOLDING Blueprint
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
 
12 June 2019
 
LLOYDS BANKING GROUP plc
(Translation of registrant's name into English)
 
5th Floor
25 Gresham Street
London
EC2V 7HN
United Kingdom
 
 
(Address of principal executive offices)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
 
Form 20-F..X..     Form 40-F 
 
 
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes         No ..X..
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): 82- ________
 
 
Index to Exhibits
 
 
Item
 
 No. 1 Regulatory News Service Announcement, dated 12 June 2019
        re: Director/PDMR Shareholding
 
12 June 2019
 
 
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. This announcement also reports details of an award granted to Mr William Chalmers in connection with his recruitment. This announcement should be read in conjunction with the Summary Remuneration Announcement and disclosures in the 2018 Annual Report and Accounts published on 20 February 2019. The 2018 Annual Report and Accounts is available on the 'Annual Reports' page in the 'Investors & Performance' section of the Group's website www.lloydsbankinggroup.com.
 
Buy out award for incoming Chief Financial Officer
As announced on 15 February 2019, William Chalmers will succeed George Culmer as Executive Director and Chief Financial Officer of the Group. Mr Chalmers joined the Group on 3 June 2019 and will be appointed as Chief Financial Officer on 1 August 2019 on the retirement of George Culmer, at which point Mr Chalmers will become a PDMR. As previously announced, it was agreed that Mr Chalmers would be granted deferred cash and deferred share awards to replace unvested awards from his former employer that are forfeit as a result of him joining the Group. These awards have now been granted as deferred cash of £2,046,097 and share awards over 4,086,632 Shares.  The deferred cash and the number of Shares over which the deferred share awards were granted was calculated using the USD:GBP exchange rate and the respective mid-market closing prices of Mr Chalmers' previous employer and the Group on 3 June 2019.
 
The awards are subject to a vesting schedule and retention periods that match the vesting schedule and retention periods of the awards forfeited. As a result, the awards will vest in tranches on various vesting dates from July 2019 until January 2022. The awards were granted in accordance with the regulatory requirements for buy-outs to which the Group is subject, as detailed in the PRA Rulebook and corresponding FCA requirements.
 
2018 Group Performance Share Awards
This announcement details the number of Shares to which PDMRs became entitled in respect of the release on 7 June 2019 of Group Performance Share Awards arising from the 2018 Annual Bonus ("GPS Awards"), as announced on 20 February 2019.
 
In this respect, the PDMRs listed in the table below became entitled, for nil consideration, to the number of Shares in respect of the GPS Awards listed below, in each case as shown after the settlement of income tax liabilities and National Insurance contributions. 
 
Name
Shares
António Horta-Osório
212,942
Juan Colombás
94,251
George Culmer
94,251
Antonio Lorenzo
108,352
Vim Maru
87,451
Zak Mian
75,788
David Oldfield
83,197
Janet Pope
48,723
Stephen Shelley
83,442
Jen Tippin
110,058
 
Sale of Shares
The Group announces the sale of Shares in respect of the GPS Awards for the PDMRs (other than Antonio Lorenzo) set out below by way of cash settlement and the sale of Shares by Antonio Lorenzo as set out below. Following the transactions, the PDMRs continue to comply with the Group's shareholding policy requirements and hold Shares as set out below, including Shares subject to holding periods of up to a further two years post vesting.  
 
Name of PDMR
Number of Shares
 
Price Per Share
 
Transaction date
 
Number of Shares held by the PDMR (and persons closely associated)
following the transaction
 
António Horta-Osório
212,942
 
58.1267p
 
7/06/19
 
28,122,134
 
 
 
 
 
Zak Mian
75,788
 
58.1267p
7/06/19
 
2,759,748
 
Janet Pope
48,723
 
58.1267p
7/06/19
 
2,382,193
Stephen Shelley
83,442
 
58.1267p
7/06/19
 
2,855,826
Antonio Lorenzo
250,000
 
58.14p
10/06/19
 
12,060,952
 
 
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs in respect of the second quarter of 2019 under the Group's Fixed Share Award, as described in the Summary Remuneration Announcement. In this respect, the PDMRs listed in the table below acquired on 10 June 2019, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 58.064 pence per Share.
 
The Shares will be held on behalf of the PDMRs and will be released over a five year period, with 20 per cent being released each year on 20 June.
 
Name
Shares
António Horta-Osório
239,606
Juan Colombás
113,414
George Culmer
115,011
Antonio Lorenzo
114,053
Vim Maru
103,830
Zak Mian
103,830
David Oldfield
111,816
Janet Pope
79,868
Stephen Shelley
113,414
Jen Tippin
95,842
Andrew Walton
71,882
 
 
 
Monthly Partnership and Matching Shares
This announcement also includes details in respect of the monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan ("SIP"), made on 10 June 2019, in respect of those PDMRs who are participants in the SIP.
 
Exercise of options to acquire Shares
Zak Mian, a PDMR, acquired 64,013 Shares, following the exercise of a share award (for nil consideration) on 11 June 2019.  The award was granted and announced in December 2017 following the performance outcome of the Group Digital Incentive Plan (Digital MTIP) and the Group IT 2014 Supplementary Bonus award and was subject to a holding period until 13 December 2018. Zak Mian has sold all of the Shares (at 58.43 pence per Share) with part of the sale proceeds being used to meet income tax and national insurance contributions arising from the acquisition.
 
Following the acquisition and disposal of Shares, Zak Mian (and persons closely associated) holds 2,863,693 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.
 
Transfer of Shares into an Individual Savings Account ("ISA")
The Group announces that Zak Mian, a PDMR, has on 11 June 2019 sold 34,352 ordinary shares from his personal holding at a price of 58.26 pence per share and purchased 34,191 ordinary shares at a price of 58.2 pence per share to effect a transfer into an ISA.
 
Following the transfer of Shares, Zak Mian (and persons closely associated) holds 2,863,532 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: douglas.radcliffe@finance.lloydsbanking.com
 
Group Corporate Affairs
Matt Smith
Head of Media Relations
Email: matt.smith@lloydsbanking.com
 
+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
 
Disposal of award over Shares representing the June release of the 2018 Group Performance Share (in part to meet income tax and NICs due).
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
401,777
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
239,606
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
261
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
339
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
 
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
 
Disposal of part of award over Shares representing the June release of the 2018 Group Performance Share to meet income tax and NICs due.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
83,581
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 (after settlement of income tax and NICs) pursuant to June release of the 2018 Group Performance Share.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.0000
94,251
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
113,414
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
217
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
295
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
George Culmer
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
 
Disposal of part of award over Shares representing the June release of the 2018 Group Performance Share to meet income tax and NICs due.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
83,581
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 (after settlement of income tax and NICs) pursuant to June release of the 2018 Group Performance Share.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.0000
94,251
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
115,011
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
217
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
295
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
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
 
Disposal of part of award over Shares representing the June release of the 2018 Group Performance Share to meet income tax and NICs due.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
96,085
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 (after settlement of income tax and NICs) pursuant to June release of the 2018 Group Performance Share.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.0000
108,352
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 Shares.
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
GBP00.5814
250,000
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
10 June 2019
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 Shares - In respect of the second quarter of 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
114,053
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
261
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
339
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
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
 
Disposal of part of award over Shares representing the June release of the 2018 Group Performance Share to meet income tax and NICs due.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
77,552
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 (after settlement of income tax and NICs) pursuant to June release of 2018 Group Performance Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.0000
87,451
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
103,830
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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
 
Disposal of award over Shares representing the June release of the 2018 Group Performance Share (in part to meet income tax and NICs due).
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
142,996
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
103,830
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
52
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
130
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
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.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
GBP00.0000
64,013
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
11 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 Shares acquired following the exercise
of a share award (in part to meet income tax and
NICs due).
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
GBP00.5843
64,013
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
11 June 2019
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:
 
GBP00.5826
34,352
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
N/A (single transaction)
 
e)
Date of the transaction
 
11 June 2019
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:
 
GBP00.582
34,191
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
N/A (single transaction)
 
e)
Date of the transaction
 
11 June 2019
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
 
Disposal of part of award over Shares representing the June release of the 2018 Group Performance Share to meet income tax and NICs due.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
73,779
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 (after settlement of income tax and NICs) pursuant to June release of the 2018 Group Performance Share.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.0000
83,197
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
111,816
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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, 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
 
Disposal of award over Shares representing the June release of the 2018 Group Performance Share (in part to meet income tax and NICs due).
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
91,931
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
79,868
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
217
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
295
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
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
 
Disposal of award over Shares representing the June release of the 2018 Group Performance Share (in part to meet income tax and NICs due).
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
157,438
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
113,414
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
260
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
338
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Jen Tippin
2
Reason for the notification
 
a)
Position/status
 
Group People & Productivity 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 cod
 
Ordinary Shares of 10p each
 
GB0008706128
b)
Nature of the transaction
 
Disposal of part of award over Shares representing the June release of the 2018 Group Performance Share to meet income tax and NICs due.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.581267
97,600
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 (after settlement of income tax and NICs) pursuant to June release of the 2018 Group Performance Share.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
2018 Group Performance Share Award
 
GBP00.0000
110,058
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
e)
Date of the transaction
 
7 June 2019
f)
Place of the transaction
Outside a trading venue
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
95,842
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
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 Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Partnership Shares
 
GBP00.57615
52
 
Matching Shares
 
GBP00.0000
78
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
130
 
See 4(c)
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
Outside a trading venue
 
 
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 2019 under the Group's Fixed Share Award.
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
Fixed Share Award
 
GBP00.58064
71,882
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
e)
Date of the transaction
 
10 June 2019
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
Signatures
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
LLOYDS BANKING GROUP plc
 (Registrant)
 
 
 
By: Douglas Radcliffe
Name: Douglas Radcliffe
Title: Group Investor Relations Director
 
 
 
 
 
Date: 12 June 2019