24 September 2024
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 2023 Annual Report and Accounts published on 22 February 2024. The 2023 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 third quarter of 2024 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 20 September 2024, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 58.1641 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 20 September.
| Name | Shares |
| Charlie Nunn | 248,761 |
| William Chalmers | 119,405 |
Sharesave Scheme 2024 Option to Acquire Shares
The Group announces that an option to acquire Shares was granted on 20 September 2024 under the Lloyds Banking Group Sharesave Scheme 2017, an "all-employee" share plan, at 52.35 pence per Share to the following PDMRs:
| Name | Number of Sharesave Options |
| William Chalmers | 19,530 |
| Kate Cheetham | 19,530 |
| Joanna Harris | 6,601 |
Disposal of Shares
This announcement includes details of sales of Shares by PDMRs. Following the sales of Shares below, the PDMRs continue to comply with the Group's shareholding policy requirements.
| Name | Number of Shares Sold | Price per Share | Transaction date |
| Kate Cheetham | 846,922 | 58.5499p | 19/09/2024 |
| | 30,000 | 58.4566p | 19/09/2024 |
| Joanna Harris | 150,000 | 58.2012p | 20/09/2024 |
| | 450,000 | 58.2000p | 20/09/2024 |
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) 7788 352 487 |
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 third quarter of 2024 under the Group's Fixed Share Award | |||
| c) | Price(s) and volume(s) | | | | |
| | | Price(s)
| Volume(s) | | |
| | | GBP00.581641 | 248,761 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| |||
| e) | Date of the transaction
| 2024-09-20 | |||
| 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 third quarter of 2024 under the Group's Fixed Share Award | |||
| c) | Price(s) and volume(s) | | | | |
| | | Price(s)
| Volume(s) | | |
| | | GBP00.581641 | 119,405 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| |||
| e) | Date of the transaction
| 2024-09-20 | |||
| 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
| Option granted under the Lloyds Banking Group Sharesave Scheme 2017, an "all-employee" share plan, at 52.35 pence per Share. | |||
| c) | Price(s) and volume(s) | | | | |
| | | Price(s)
| Volume(s) | | |
| | | GBP00.5235 | 19,530 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| |||
| e) | Date of the transaction
| 2024-09-20 | |||
| f) | Place of the transaction | Outside a trading venue
| |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a) | Name
| Kate Cheetham | |||
| 2 | Reason for the notification
| ||||
| a) | Position/status
| Chief Legal Officer and Company Secretary | |||
| 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
| Option granted under the Lloyds Banking Group Sharesave Scheme 2017, an "all-employee" share plan, at 52.35 pence per Share. | |||
| c) | Price(s) and volume(s) | | | | |
| | | Price(s)
| Volume(s) | | |
| | | GBP00.5235 | 19,530 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| |||
| e) | Date of the transaction
| 2024-09-20 | |||
| 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) | | |
| | | GBP00.585499 | 846,922 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price |
N/A (single transaction)
| |||
| e) | Date of the transaction
| 2024-09-19 | |||
| 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) | | |
| | | GBP00.584566 | 30,000 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| |||
| e) | Date of the transaction
| 2024-09-19 | |||
| f) | Place of the transaction | London Stock Exchange (XLON)
| |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a) | Name
| Joanna Harris | |||
| 2 | Reason for the notification
| ||||
| a) | Position/status
| Chief Executive Officer, Mass Affluent | |||
| 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
| Option granted under the Lloyds Banking Group Sharesave Scheme 2017, an "all-employee" share plan, at 52.35 pence per Share. | |||
| c) | Price(s) and volume(s) | | | | |
| | | Price(s)
| Volume(s) | | |
| | | GBP00.5235 | 6,601 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction) | |||
| e) | Date of the transaction
| 2024-09-20 | |||
| 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) | | |
| | | GBP00.582000 | 450,000 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price |
N/A (single transaction) | |||
| e) | Date of the transaction
| 2024-09-20 | |||
| 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) | | |
| | | GBP00.582012 | 150,000 | | |
| | | | | | |
| d) | Aggregated information
- Aggregated volume
- Price |
N/A (single transaction) | |||
| e) | Date of the transaction
| 2024-09-20 | |||
| f) | Place of the transaction | London Stock Exchange (XLON)
| |||
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