Lloyds Banking Group PLC — Director's Dealing 2017

Mar 31, 2017

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

31 March 2017

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 31 March 2017

re: Director/PDMR Shareholding

31 March 2017

LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTIONS BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')

Exercise of options to acquire Shares

Simon Davies, a PDMR, acquired 245,218 Shares, following the exercise of a share buyout award (for nil consideration) on 31 March 2017. The award was granted and announced in March 2016 for the loss of benefits forfeited as a result of his departure from Linklaters LLP. Simon Davies has retained all the Shares apart from 115,659 Shares which were sold (at 66.16 pence per Share) to meet income tax and national insurance contributions arising from the acquisition.

Following the acquisition of Shares, Simon Davies (and persons closely associated) holds 657,947 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 Corporate Media 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 — 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 | Acquisition
of Shares following the exercise of a share award (Gross) before
sale of Shares for income tax and NICs. | |
| c) | Price(s)
and volume(s) | | |
| | | Price(s) | Volume(s) |
| | | GBP00.0000 | 245,218 |
| d) | Aggregated
information -
Aggregated volume -
Price | N/A
(Single transaction) | |
| e) | Date of
the transaction | 31
March 2017 | |
| 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 on behalf of PDMR to meet income tax and national
insurance contributions due on the exercise of share
award. | |
| c) | Price(s)
and volume(s) | | |
| | | Price(s) | Volume(s) |
| | | GBP00.6616 | 115,659 |
| d) | Aggregated
information -
Aggregated volume -
Price | N/A
(single transaction) | |
| e) | Date of
the transaction | 31
March 2017 | |
| 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: 31 March 2017

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