Lloyds Banking Group (LLOY)

 

LSE:LLOY: Director/PDMR Shareholding

Lloyds Banking Group

16 Aug 2017 13:00:01

Lloyds Banking Group

RNS Number : 1748O
Lloyds Banking Group PLC
16 August 2017
 

16 August 2017

                                                                                                                                        

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

 

Group Chief Executive Acquisition of Shares

As described in the Summary Remuneration Announcement, the form of the Group Chief Executive's increase in base salary will follow that for 2016, with 2 per cent delivered in cash (in line with other colleagues) and the remainder delivered in Shares.

 

In this respect, the Group announces that, after the settlement of income tax and national insurance contributions, 4,873 Shares were acquired on 16 August 2017 on behalf of António Horta-Osório in respect of his August 2017 salary. The acquisition price was 65.71 pence per Share. 

 

 

 

ENQUIRIES:

 

Investor Relations

Douglas Radcliffe

Group Investor Relations Director

Email: [email protected]finance.lloydsbanking.com

 

Group Corporate Affairs

Fiona Laffan

Director of Corporate Communications

Email: [email protected]

 

+44 (0) 20 7356 1571

 

 

 

 

 

+44 (0) 20 7356 2081

 

 

 

 

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

 

 

Acquisition of Shares - Portion of the Group Chief Executive's increase in base salary delivered in Shares (as described in the Summary Remuneration Announcement) in respect of August 2017 salary.

 

c)

Price(s) and volume(s)







Price(s)

 

Volume(s)




GBP00.6571

4,873







d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A (Single Transaction)

 

 

e)

Date of the transaction

 

16 August 2017

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHBBGDIRXBBGRL