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Lloyds Banking Group PLC Director's Dealing 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 5146R
Lloyds Banking Group PLC
08 March 2021
8 March 2021
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')
On 24 February 2021, the Group published details of upcoming remuneration disclosures for the Group, including salary, Group Ownership Share (GOS) vesting, Deferred Group Performance Share (bonus) vesting and Long Term Share Plan (LTSP) awards ('Summary Remuneration Announcement'). Where awards had not yet been made, estimates were provided. The Group now announces that the awards described below were made on 4 March 2021 and that the release of awards described below occurred on 5 March 2021.
This announcement should be read in conjunction with the Summary Remuneration Announcement and disclosures in the 2020 Annual Report and Accounts published on 24 February 2021. The 2020 Annual Report and Accounts is available on the 'Financial downloads' page in the 'Investors' section of the Group's website www.lloydsbankinggroup.com.
Long Term Share Plan - 2021 awards
Awards for the 2020 performance period were made on 4 March 2021 under the rules of the Long Term Share Plan. The Long Term Share Plan is subject to underpin thresholds applicable for the first three years from grant, with vesting spread between the third and seventh anniversary of the award for Executive Directors, PDMRs and other senior colleagues in line with regulatory requirements. No awards vest earlier than the third anniversary.
The Remuneration Committee took the decision that the level of Long Term Share Plan awards should be reduced by 40 per cent to reflect the Group's performance in 2020, the current share price and the wider experience of shareholders.
There is no Long Term Share Plan award for the Group Chief Executive as he will leave the Group in April 2021.
| Name | Maximum number of Shares awarded(1)(2) | Expected value(3) |
| António Horta-Osório | - | - |
| William Chalmers | 1,547,340 | £608,128 |
| Antonio Lorenzo | 1,504,359 | £591,236 |
| Vim Maru | 1,504,359 | £591,236 |
| Zak Mian | 1,373,263 | £539,713 |
| David Oldfield | 1,504,359 | £591,236 |
| Janet Pope | 814,103 | £319,955 |
| Stephen Shelley | 1,373,263 | £539,713 |
| Andrew Walton | 875,920 | £344,250 |
| 1 | Based on a share price of 39.3015 pence, which is determined by the average of the closing share price of the five trading days prior to the date of award. |
| 2 | The awards will be subject to the delivery of underpins over three years ending 31 December 2023. |
| 3 | The values for the Long Term Share Plan awards are shown at full value and before deduction of income tax and NIC. The actual vesting value is subject to the delivery of the underpins and the share price at the date of vesting. These awards are subject to clawback for at least seven years from the date of award. |
Deferred Group Performance Share Awards for 2018 and 2019 Performance
Deferred Group Performance Share Awards were released on 5 March 2021 which related to performance in 2018 and 2019.
In accordance with the Group's deferral policy, subject to any longer deferral required by regulatory requirements, for the 2018 and 2019 awards shares subject to deferral are released over a period of two years in March of each year. 50 per cent of the gross number of shares subject to the 2018 and 2019 Group Performance Share Award are subject to a holding period on release ending March 2022.
In this respect, the Group announces that on 5 March 2021, after the settlement of income tax and national insurance contributions, the PDMRs listed in the table below received (for no payment) the number of Shares as set out by their name.
| Name | Number of Shares (2018 deferral) |
Number of Shares (2018 deferral subject to hold) |
Number of Shares (2019 deferral) |
Number of Shares (2019 deferral subject to hold) |
| António Horta-Osório | 98,994 | 98,995 | - | - |
| William Chalmers | - | - | 41,929 | 41,929 |
| Antonio Lorenzo | 50,784 | 50,787 | 36,385 | 36,385 |
| Vim Maru | 41,150 | 41,154 | 44,257 | 44,257 |
| Zak Mian | 35,773 | 35,778 | 33,785 | 33,785 |
| David Oldfield | 39,189 | 39,192 | - | - |
| Janet Pope | 23,298 | 23,302 | 24,882 | 24,882 |
| Stephen Shelley | 39,302 | 39,305 | 32,642 | 32,642 |
| Andrew Walton | - | - | 33,816 | 33,816 |
Release of Group Ownership Share Awards granted in March 2018
The first tranche of the Executive Group Ownership Share Plan (GOS) awards made in March 2018 vested at 33.75 per cent of the maximum.
In this respect, the Group announces that, after the settlement of income tax and national insurance contributions, the PDMRs listed in the table below on 5 March 2021 received (for no payment) the number of Shares as set out by their name, following the vesting of the first tranche of GOS awards granted in March 2018. Executive Directors and Material Risk Takers (as identified at the time of the award) are required to retain any Shares vesting during a holding period of two years.
| Name | Number of Shares |
| António Horta-Osório | 240,594 |
| William Chalmers | - |
| Antonio Lorenzo | 134,287 |
| Vim Maru | 128,349 |
| Zak Mian | 115,354 |
| David Oldfield | 134,287 |
| Janet Pope | 61,110 |
| Stephen Shelley | 82,599 |
| Andrew Walton | - |
Release of Group Ownership Share Awards granted in March 2017
The second tranche of the Executive Group Ownership Share Plan (GOS) awards made in March 2017 vested at 49.7 per cent of the maximum.
In this respect, the Group announces that, after the settlement of income tax and national insurance contributions, the PDMRs listed in the table below on 5 March 2021 received (for no payment) the number of Shares (including Shares in respect of dividend equivalents) as set out by their name, following the vesting of the second tranche of GOS awards granted in March 2017. The Shares remain subject to a holding period of 12 months.
| Name | Number of Shares |
| António Horta-Osório | 325,292 |
| William Chalmers | - |
| Antonio Lorenzo | 194,183 |
| Vim Maru | 144,594 |
| Zak Mian | 95,365 |
| David Oldfield | 138,682 |
| Janet Pope | 35,994 |
| Stephen Shelley | 67,990 |
| Andrew Walton | - |
Exercise of options to acquire Shares
William Chalmers, a PDMR, acquired 1,124,627 Shares, following the exercise of a share buy out award (for nil consideration) on 4 March 2021. The details of the share buy out award were announced in June 2019 at the time of the award. William Chalmers retained all the Shares apart from 528,826 Shares which were sold at a price of 40.235 pence per Share to meet income tax and National Insurance Contributions.
Following the acquisition and disposal of Shares referred to above (but prior to the release of his Deferred Group Performance Share Award for 2019 performance), William Chalmers (and persons closely associated) held 4,050,145 Shares, including Shares subject to holding periods of up to a further two years post vesting, and complies with the Group's shareholding policy requirements.
Disposal of Shares
On 4 March 2021 David Oldfield, a PDMR, sold 250,000 Shares at a price of 40.356 pence per Share and 250,000 Shares at a price of 40.332 pence per Share. Following these disposals (but prior to the release of his Deferred Group Performance Share Award for 2018 performance and his GOS awards granted in March 2017 and March 2018), David Oldfield (and persons closely associated) held 4,490,800 Shares, including Shares subject to holding periods of up to a further two years post vesting, and complies 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 Media Relations Email: [email protected] |
+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 | Shares acquired in respect of the vesting of the 2018 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 197,989 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 325,292 | ||||
| 2018 GOS | GBP00.0000 | 240,594 | ||||
| d) | Aggregated information - Aggregated volume - Price |
565,886 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 1,547,340 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 83,858 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | 1,124,627 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 to meet income tax and NICs due. |
||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.40235 | 528,826 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 1,504,359 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2018 and 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| Deferred Bonus Plan (2018) | GBP00.0000 | 101,571 | ||||
| Deferred Bonus Plan (2019) | GBP00.0000 | 72,770 | ||||
| d) | Aggregated information - Aggregated volume - Price |
174,341 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 194,183 | ||||
| 2018 GOS | GBP00.0000 | 134,287 | ||||
| d) | Aggregated information - Aggregated volume - Price |
328,470 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 1,504,359 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2018 and 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| Deferred Bonus Plan (2018) | GBP00.0000 | 82,304 | ||||
| Deferred Bonus Plan (2019) | GBP00.0000 | 88,514 | ||||
| d) | Aggregated information - Aggregated volume - Price |
170,818 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 144,594 | ||||
| 2018 GOS | GBP00.0000 | 128,349 | ||||
| d) | Aggregated information - Aggregated volume - Price |
272,943 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 1,373,263 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2018 and 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| Deferred Bonus Plan (2018) | GBP00.0000 | 71,551 | ||||
| Deferred Bonus Plan (2019) | GBP00.0000 | 67,570 | ||||
| d) | Aggregated information - Aggregated volume - Price |
139,121 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 95,365 | ||||
| 2018 GOS | GBP00.0000 | 115,354 | ||||
| d) | Aggregated information - Aggregated volume - Price |
210,719 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 1,504,359 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2018 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 78,381 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 138,682 | ||||
| 2018 GOS | GBP00.0000 | 134,287 | ||||
| d) | Aggregated information - Aggregated volume - Price |
272,969 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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) | |||||
| GBP00.403320 | 250,000 | |||||
| GBP00.403560 | 250,000 | |||||
| d) | Aggregated information - Aggregated volume - Price |
500,000 GBP00.403440 |
||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 814,103 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2018 and 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| Deferred Bonus Plan (2018) | GBP00.0000 | 46,600 | ||||
| Deferred Bonus Plan (2019) | GBP00.0000 | 49,764 | ||||
| d) | Aggregated information - Aggregated volume - Price |
96,364 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 35,994 | ||||
| 2018 GOS | GBP00.0000 | 61,110 | ||||
| d) | Aggregated information - Aggregated volume - Price |
97,104 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 1,373,263 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2018 and 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| Deferred Bonus Plan (2018) | GBP00.0000 | 78,607 | ||||
| Deferred Bonus Plan (2019) | GBP00.0000 | 65,284 | ||||
| d) | Aggregated information - Aggregated volume - Price |
143,891 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Shares acquired in respect of the vesting of the Group Ownership Share (GOS) Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| 2017 GOS | GBP00.0000 | 67,990 | ||||
| 2018 GOS | GBP00.0000 | 82,599 | ||||
| d) | Aggregated information - Aggregated volume - Price |
150,589 GBP00.0000 |
||||
| e) | Date of the transaction | 2021-03-05 | ||||
| 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 | Award of Shares under Long Term Share Plan - 2021 awards. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 875,920 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-04 | ||||
| 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 | Shares acquired in respect of the vesting of the 2019 Deferred Group Performance Share Award on a net of income tax and national insurance contributions (NICs) basis. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) | Volume(s) | |||||
| GBP00.0000 | 67,632 | |||||
| d) | Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
| e) | Date of the transaction | 2021-03-05 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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