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Lloyds Banking Group PLC — Director's Dealing 2016
Sep 19, 2016
4691_ffr_2016-09-19_11d0db27-c5fb-4bdb-9519-7fcbcabbfff3.zip
Director's Dealing
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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
(19 September 2016)
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 19 September 2016
re: Director/PDMR Shareholding
19 September 2016
LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') AND PERSONS CLOSELY ASSOCIATED WITH THEM IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')
This announcement should be read in conjunction with the Summary Remuneration Announcement published on 25 February 2016 and disclosures in the 2015 Annual Report and Accounts published on 8 March 2016. The 2015 Annual Report and Accounts is available on the 'Annual Reports' page in the 'Investors & Performance' section of the Group's website www.lloydsbankinggroup.com .
Deferred Bonus Awards for 2012, 2013, 2014 and 2015 Performance
As announced on 25 February 2016, Deferred Bonus Awards are due to be released in 2016 which relate to performance in 2012, 2013, 2014 and 2015. In accordance with the Group's deferral policy, a proportion of the Shares are released over a period as set out at time of award, being received in tranches in March and September.
In this respect, the Group announces that on 16 September 2016, after the settlement of income tax and national insurance contributions, the PDMRs listed in the table below received the number of Shares (for no payment) as set out by their name. The release on 16 September 2016 of tranches of the 2012 and 2013 Deferred Bonus Awards incorporates performance adjustments following the Group's settlement with the FCA with regard to aspects of its Payment Protection Insurance (PPI) complaint handling process during the period March 2012 to May 2013 as announced on 5 June 2015.
| Name | 2012 | 2013 | 2014 | 2015 |
|---|---|---|---|---|
| Juan | ||||
| Colombás | 44,355 | 277,981 | - | - |
| George | ||||
| Culmer | - | 295,534 | - | - |
| Andrew | ||||
| Bester | 67,741 | 53,305 | 33,153 | 50,506 |
| Karin | ||||
| Cook | - | 17,357 | 14,918 | 35,654 |
| Antonio | ||||
| Lorenzo | 37,634 | 47,034 | 28,664 | 87,242 |
| Vim | ||||
| Maru | - | 23,927 | 28,512 | 52,978 |
| Zak | ||||
| Mian | - | - | 7,209 | 48,295 |
| David | ||||
| Oldfield | 21,690 | 19,854 | 18,363 | 46,239 |
| Matt | ||||
| Young | 47,490 | 43,470 | 23,921 | 65,094 |
António Horta-Osório's annual bonus awards for 2012, 2013 and 2014 performance are subject to additional conditions including deferral for five years and accordingly will not be released in 2016. Juan Colombás and George Culmer's annual bonus awards for 2014 are subject to deferral until at least March 2017 and the annual bonus awards for 2015 performance for António Horta-Osório, Juan Colombás and George Culmer are subject to deferral until at least March 2018 and accordingly will not be released in 2016.
Group Chief Executive Acquisition of Shares
As described in the Summary Remuneration Announcement, t he Group Chief Executive's 4 per cent additional increase in base salary is delivered monthly in Shares and the Shares will be held until the Government has sold its shareholding in the Group.
In this respect, t he Group announces that, after the settlement of income tax liabilities and National Insurance contributions , 3,330 Shares were acquired on 16 September 2016 on behalf of António Horta-Osório in respect of his September 2016 salary. The acquisition price was 56.73 pence per Share.
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs in respect of the third quarter of 2016 under the Group's Fixed Share Award, as described in the Summary Remuneration Announcement. In this respect, the Group announces that, after the settlement of income tax liabilities and National Insurance contributions, Shares were acquired on 16 September 2016 on behalf of the PDMRs as listed in the table below. The acquisition price was 56.73 pence per Share.
The Shares will be held on behalf of the PDMRs and will be released over five years, with 20 per cent being released each year on the anniversary of the award.
| Name | Shares |
|---|---|
| António | |
| Horta-Osório | 210,206 |
| Juan | |
| Colombás | 116,080 |
| George | |
| Culmer | 117,715 |
| Andrew | |
| Bester | 114,445 |
| Karin | |
| Cook | 94,826 |
| Simon | |
| Davies | 114,445 |
| Antonio | |
| Lorenzo | 116,734 |
| Vim | |
| Maru | 94,826 |
| Zak | |
| Mian | 17,517 |
| David | |
| Oldfield | 106,270 |
| Matt | |
| Young | 81,746 |
Share Disposals
The Group announces the disposal of Shares by PDMRs as set out below:
| Name of PDMR | Number of Shares Sold | Price Per Share | Transaction date |
|---|---|---|---|
| Andrew | |||
| Bester | 360,933 | 56.30 | |
| pence | 16 | ||
| September 2016 | |||
| 239,067 | 56.642 | ||
| pence | 16 | ||
| September 2016 | |||
| David | |||
| Oldfield | 106,146 | 56.65 | |
| pence | 16 | ||
| September 2016 |
Transfer of shares
The Group announces that Karin Cook, a PDMR, transferred 56,754, Shares to her husband, Timothy Cook, a person closely associated with her, on 16 September 2016, who acquired the Shares for nil consideration.
Sharesave
The Group announces that in order to participate, along with other PDMRs, in the current 2016 Sharesave offer, Juan Colombás and Zak Mian, both PDMRs, have each cancelled, on 15 September 2016 and 17 September 2016 respectively, their savings contracts from an earlier Sharesave. Accordingly their options over 29,990 Shares granted under the Group's Sharesave Scheme, an all-employee share plan, on 2 October 2014 at 60.02 pence per Share have lapsed. Details of the number of options to be awarded to PDMRs under the 2016 Sharesave will be announced when the options are granted.
Shareholding Requirement
Following these transactions, all Executive Directors and Members of the Group Executive Committee continue to comply with the Group's shareholding policy requirements.
ENQUIRIES:
Investor Relations Douglas Radcliffe Group Investor Relations Director Email: [email protected] Group Corporate Affairs Matt Smith Head of Corporate Media Email: [email protected] +44 (0) 20 7356 1571 +44 (0) 20 7356 3522
The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details .
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — 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 | | 1. Acquisition of Shares at GBP
00.5673 each. As described in the Summary
Remuneration Announcement, t he Group Chief Executive's 4 per
cent additional increase in base salary is delivered monthly in
Shares and the Shares will be held until the Government has sold
its shareholding in the Group. 2. Acquisition of Shares at GBP
00.5673 each in respect of the third quarter
of 2016 under the Group's Fixed Share Award. | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | Acquisition of
Shares | GBP
00.5673 | 3,330 |
| | 2 | Fixed
Share Award | GBP
00.5673 | 210,206 |
| d) | Aggregated information - Aggregated volume - Price | | 213,536 GBP 00.5673 | |
| e) | Date of the transaction | | 16
September 2016 | |
| f) | Place of the transaction | | London
Stock Exchange (XLON) | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Juan
Colombás | | |
| --- | --- | --- | --- | --- |
| 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 | 1 - 2.
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 3. Acquisition of Shares at GBP
00.5673 each in respect of the third quarter of 2016 under the
Group's Fixed Share Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2012
Deferred Bonus Award | GBP 00.5673 | 44,355 |
| | 2 | 2013
Deferred Bonus Award | GBP 00.5673 | 277,981 |
| | 3 | Fixed
Share Award | GBP 00.5673 | 116,080 |
| d) | Aggregated information - Aggregated volume - Price | 438,416 GBP
00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 4 — a) | 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 — Description of the financial instrument, type of
instrument Identification
code | Options
over Ordinary Shares of 10p each granted
on 2 October 2014 at GBP 00.6002 per Share under the Lloyds Banking
Group Sharesave Scheme 2007, an all-employee share
plan. N/A | |
| --- | --- | --- | --- |
| b) | Nature of the transaction | Juan
Colombás cancelled his savings contract in connection with the
options granted to him under the Group's Sharesave Scheme on 2
October 2014 at GBP 00.6002 per Share and therefore his option over
29,990 Shares has lapsed. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP
00.6002 | 29,990 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 15
September 2016 | |
| f) | Place of the transaction | Outside
a trading venue | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — 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 | 1.
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 2. Acquisition of Shares at GBP
00.5673 each in respect of the third
quarter of 2016 under the Group's Fixed Share
Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2013
Deferred Bonus Award | GBP 00.5673 | 295,534 |
| | 2 | Fixed
Share Award | GBP
00.5673 | 117,715 |
| d) | Aggregated information - Aggregated volume - Price | 413,249 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Andrew
Bester | | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | Group
Director & Chief Executive, 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 | 1 - 4
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 5. Acquisition of Shares at GBP
00.5673 each in respect of the third quarter of 2016 under the
Group's Fixed Share Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2012
Deferred Bonus Award | GBP 00.5673 | 67,741 |
| | 2 | 2013
Deferred Bonus Award | GBP 00.5673 | 53,305 |
| | 3 | 2014
Deferred Bonus Award | GBP 00.5673 | 33,153 |
| | 4 | 2015
Deferred Bonus Award | GBP 00.5673 | 50,506 |
| | 5 | Fixed
Share Award | GBP 00.5673 | 114,445 |
| d) | Aggregated information - Aggregated volume - Price | 319,150 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 4 — a) | 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 — 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) |
| | | GBP
00.566420 | 239,067 |
| | | GBP
00.563000 | 360,933 |
| d) | Aggregated information - Aggregated volume - Price | 600,000 GBP
00.564363 | |
| e) | Date of the transaction | 16
September 2016 | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Karin
Cook | | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | Group
Director Operations | | |
| 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 | 1 - 3
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 4. Acquisition of Shares at GBP
00.5673 each in respect of the third quarter of 2016 under the
Group's Fixed Share Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2013
Deferred Bonus Award | GBP
00.5673 | 17,357 |
| | 2 | 2014
Deferred Bonus Award | GBP
00.5673 | 14,918 |
| | 3 | 2015
Deferred Bonus Award | GBP
00.5673 | 35,654 |
| | 4 | Fixed
Share Award | GBP
00.5673 | 94,826 |
| d) | Aggregated information - Aggregated volume - Price | 162,755 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 4 — a) | 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 — Description of the financial instrument, type of
instrument Identification
code | Ordinary Shares of 10p each GB0008706128 | |
| --- | --- | --- | --- |
| b) | Nature of the transaction | Transfer
of Shares to her husband, Timothy Cook, a person closely
associated, who acquired the Shares for nil
consideration. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP
00.5673 | 56,754 |
| d) | Aggregated information - Aggregated volume - Price | N/A | |
| e) | Date of the transaction | 16
September 2016 | |
| f) | Place of the transaction | Outside
a trading venue | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Timothy
Cook | |
| --- | --- | --- | --- |
| 2 | Reason for the notification | | |
| a) | Position/status | A
person closely associated with Karin Cook, a PDMR | |
| 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 for nil consideration from his wife, Karin Cook, a
PDMR. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP
00.5673 | 56,754 |
| d) | Aggregated information - Aggregated volume - Price | N/A | |
| e) | Date of the transaction | 16
September 2016 | |
| f) | Place of the transaction | Outside
a trading venue | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | | Simon
Davies | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | | Chief
People, Legal and Strategy 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 | | 1. Acquisition of Shares at GBP
00.5673 each in respect of the third quarter of 2016 under the
Group's Fixed Share Award. | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | Fixed
Share Award | GBP
00.5673 | 114,445 |
| d) | Aggregated information - Aggregated volume - Price | | N/A | |
| e) | Date of the transaction | | 16
September 2016 | |
| f) | Place of the transaction | | London
Stock Exchange (XLON) | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Antonio Lorenzo | | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | Chief Executive, Scottish Widows and Group Director,
Insurance | | |
| 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 | 1 - 4
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 5. Acquisition of Shares at GBP
00.5673 each in respect of the third
quarter of 2016 under the Group's Fixed Share
Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2012
Deferred Bonus Award | GBP 00.5673 | 37,634 |
| | 2 | 2013
Deferred Bonus Award | GBP 00.5673 | 47,034 |
| | 3 | 2014
Deferred Bonus Award | GBP 00.5673 | 28,664 |
| | 4 | 2015
Deferred Bonus Award | GBP 00.5673 | 87,242 |
| | 5 | Fixed
Share Award | GBP 00.5673 | 116,734 |
| d) | Aggregated information - Aggregated volume - Price | 317,308 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Vim
Maru | | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | Group
Director, Group Customer Products & Marketing | | |
| 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 | 1 - 3
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 4. Acquisition of Shares at GBP
00.5673 each in respect of the third
quarter of 2016 under the Group's Fixed Share
Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2013
Deferred Bonus Award | GBP 00.5673 | 23,927 |
| | 2 | 2014Deferred
Bonus Award | GBP 00.5673 | 28,512 |
| | 3 | 2015
Deferred Bonus Award | GBP 00.5673 | 52,978 |
| | 4 | Fixed
Share Award | GBP 00.5673 | 94,826 |
| d) | Aggregated information - Aggregated volume - Price | 200,243 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | David
Oldfield | | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | Group
Director, Retail and Consumer Finance | | |
| 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 | 1 - 4
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 5. Acquisition of Shares at GBP
00.5673 each in respect of the third quarter of 2016 under the
Group's Fixed Share Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2012
Deferred Bonus Award | GBP 00.5673 | 21,690 |
| | 2 | 2013
Deferred Bonus Award | GBP 00.5673 | 19,854 |
| | 3 | 2014
Deferred Bonus Award | GBP 00.5673 | 18,363 |
| | 4 | 2015
Deferred Bonus Award | GBP 00.5673 | 46,239 |
| | 5 | Fixed
Share Award | GBP 00.5673 | 106,270 |
| d) | Aggregated information - Aggregated volume - Price | 212,416 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 4 — a) | 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 — 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) |
| | | GBP 00.5665 | 106,146 |
| d) | Aggregated information - Aggregated volume - Price | N/A | |
| e) | Date of the transaction | 16
September 2016 | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Matt
Young | | |
| --- | --- | --- | --- | --- |
| 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 | 1 - 4
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 5. Acquisition of Shares at GBP
00.5673 each in respect of the third
quarter of 2016 under the Group's Fixed Share
Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2012
Deferred Bonus Award | GBP 00.5673 | 47,490 |
| | 2 | 2013
Deferred Bonus Award | GBP 00.5673 | 43,470 |
| | 3 | 2014
Deferred Bonus Award | GBP 00.5673 | 23,921 |
| | 4 | 2015
Deferred Bonus Award | GBP 00.5673 | 65,094 |
| | 5 | Fixed
Share Award | GBP 00.5673 | 81,746 |
| d) | Aggregated information - Aggregated volume - Price | 261,721 GBP 00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 1 — a) | Details of the person discharging managerial responsibilities /
person closely associated — Name | Zak Mian | | |
| --- | --- | --- | --- | --- |
| 2 | Reason for the notification | | | |
| a) | Position/status | Group Director, Digital | | |
| 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 | 1 - 2
Acquisition of Shares for nil consideration following the release
of Deferred Bonus Awards under the Group's Deferred Bonus
Plan. 3. Acquisition of Shares at GBP
00.5673 each in respect of the third
quarter of 2016 under the Group's Fixed Share
Award. | | |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) |
| | 1 | 2014
Deferred Bonus Award | GBP
00.5673 | 7,209 |
| | 2 | 2015 Deferred Bonus Award | GBP
00.5673 | 48,295 |
| | 3 | Fixed Share Award | GBP
00.5673 | 17,517 |
| d) | Aggregated information - Aggregated volume - Price | 73,021 GBP
00.5673 | | |
| e) | Date of the transaction | 16
September 2016 | | |
| f) | Place of the transaction | London
Stock Exchange (XLON) | | |
| 4 — a) | 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 — Description of the financial instrument, type of
instrument Identification
code | Options
over Ordinary Shares of 10p each granted
on 2 October 2014 at GBP 00.6002 per Share under the Lloyds Banking
Group Sharesave Scheme 2007, an all-employee share
plan. N/A | |
| --- | --- | --- | --- |
| b) | Nature of the transaction | Zak
Mian cancelled his savings contract in connection with the options
granted to him under the Group's Sharesave Scheme on 2 October 2014
at GBP 00.6002 per Share and therefore his option over 29,990
Shares has lapsed. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | GBP
00.6002 | 29,990 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 17
September 2016 | |
| f) | Place of the transaction | Outside
a trading venue | |
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: 19 September 2016
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