REG - Lloyds Banking Group - Director/PDMR Shareholding
22/09/2023 14:00
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RNS Number : 4059N Lloyds Banking Group PLC 22 September 2023
22 September 2023
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
2022 Annual Report and Accounts published on 22 February 2023. The 2022 Annual
Report and Accounts is available on the 'Financial downloads' page in the
'Investors' section of the Group's website www.lloydsbankinggroup.com
(http://www.lloydsbankinggroup.com) .
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs in respect of
the third quarter of 2023 under the Group's Fixed Share Award. In this
respect, the PDMRs listed in the table below acquired on 21 September 2023,
after the settlement of income tax and national insurance contributions, the
number of Shares as set out by their name. The acquisition price was 44.6050
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 21 September.
Name Shares
Charlie Nunn 311,904
William Chalmers 149,714
Long Term Share Plan (LTSP) awards for Chirantan Barua and Ron van Kemenade
Chirantan Barua and Ron van Kemenade joined the Group in Q2 2023. LTSP awards
were made on 21 September 2023 under the rules of the Long Term Share Plan.
These awards have been granted as a result of Chirantan and Ron becoming
ineligible for the grant of 2022 performance year awards at their previous
employers due to their resignations, in order to join Lloyds Banking Group.
No awards are due to vest any earlier than March 2026 with vested Shares
subject to a 12 month holding period.
Name Shares
Chirantan Barua 1,806,323
Ron van Kemenade 1,806,323
ENQUIRIES:
Investor Relations
Douglas Radcliffe +44 (0) 20 7356 1571
Group Investor Relations Director
Email: douglas.radcliffe@lloydsbanking.com
Group Corporate Affairs
Matt Smith +44 (0) 7788 352 487
Head of Media Relations
Email: matt.smith@lloydsbanking.com
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Acquisition of Shares - in respect of the third quarter of 2023 under the
Group's Fixed Share Award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.446050 311,904
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2023-09-21
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Acquisition of Shares - in respect of the third quarter of 2023 under the
Group's Fixed Share Award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.446050 149,714
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2023-09-21
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Chirantan Barua
2 Reason for the notification
a) Position/status Chief Executive Officer, Insurance, Pensions & Investments
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Award of Shares under Long Term Share Plan - 2023 awards.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.0000 1,806,323
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2023-09-21
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ron van Kemenade
2 Reason for the notification
a) Position/status Group Chief Operating 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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Award of Shares under Long Term Share Plan - 2023 awards.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.0000 1,806,323
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2023-09-21
f) Place of the transaction Outside a trading venue
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