Director/PDMR Shareholding

RNS Number : 0578K
Lloyds Banking Group PLC
16 December 2022
 

16 December 2022

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 2021 Annual Report and Accounts published on 24 February 2022. The 2021 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 fourth quarter of 2022 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 16 December 2022, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 45.47 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 16 December.

 

Name

Shares

 

Charlie Nunn

305,970


William Chalmers

146,866


Antonio Lorenzo

145,642


David Oldfield

142,786


Janet Pope

101,990


Stephen Shelley

144,826


Andrew Walton

101,990


 

Disposal of Shares

Antonio Lorenzo, a PDMR, sold 1,600,000 Shares on 16 December 2022 at a price of 45.455 pence per Share. Following the sale of Shares, Antonio Lorenzo 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

 

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 fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.4547

305,970







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

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 fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.4547

146,866







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

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

 

CEO Scottish Widows and CEO Insurance, Pensions and Investments

 

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 fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.4547

145,642







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

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 Shares

c)

Price(s) and volume(s)






Price(s)

 

Volume(s)



GBP00.454550

1,600,000

 






d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

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

 

Interim 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 - In respect of the fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.4547

142,786







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

2022-12-16

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 Chief Sustainability 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 fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.4547

101,990







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

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 fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award


GBP00.4547

144,826


 

 





d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

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

 

Chief Corporate Affairs 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 fourth quarter of 2022 under the Group's Fixed Share Award.

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)


Fixed Share Award

 


GBP00.4547

101,990


d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

 

 

 

e)

Date of the transaction

 

2022-12-16

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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