Director/PDMR Shareholding
Source: RNS23 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: 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) 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
|
|||||
|
|
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
|
||||
|
|
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
|
|||||
|
|
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
|
||||||||
|
|
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
|
|||||
|
|
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
|
|||||
|
|
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
|
|||||
|
|
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
|
|||||
|
|
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)
|
|||||
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