REG - Lloyds Banking Group - Director/PDMR Shareholding
24/03/2025 15:00
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RNS Number : 9244B Lloyds Banking Group PLC 24 March 2025
24 March 2025
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
2024 Annual Report and Accounts published on 20 February 2025. The 2024 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 first quarter of 2025 under the Group's Fixed Share Award. In this
respect, the PDMRs listed in the table below acquired on 20 March 2025, after
the settlement of income tax and national insurance contributions, the number
of Shares as set out by their name. The acquisition price was 70.16
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 March.
Name Net Shares
Charlie Nunn 252,180
William Chalmers 160,847
Transfer of Shares into an Individual Savings Account ("ISA")
To effect a transfer into an ISA, on 21 March 2025 William Chalmers, a PDMR,
sold 11,338 Shares from his personal holding at a price of 70.2 pence per
Share and on 21 March 2025 purchased 11,266 Shares at a price of 70.21 pence
per Share. William continues to comply with the Group's shareholder policy
requirements.
Exercise of options to acquire Shares
Charlie Nunn, Chirantan Barua, Ron van Kemenade, and Jayne Opperman acquired
Shares following the exercise of share buyout awards (for nil consideration)
on 21 March 2025. The number of Shares acquired by each, after the settlement
of income tax and national insurance contributions, is as set out below by
their name. The Shares are subject to holding periods in line with the periods
applicable to the awards from their previous employer which were bought out.
Name Net Shares
Charlie Nunn 725,564
Chirantan Barua 226,729
Ron van Kemenade 51,760
Jayne Opperman 336,743
Disposal of Shares
Two PDMRs sold Shares as set out below. Following these sales of Shares,
Chirantan continues to be on track to achieve, and Stephen continues to comply
with, the Group's shareholding policy requirements.
Name Number of Price per Transaction date
Shares sold Share
Chirantan Barua 77,181 70.8464p 20 March 2025
Stephen Shelley 2,250,000 70.2604p 21 March 2025
ENQUIRIES:
Investor Relations
Douglas Radcliffe +44 (0) 20 7356 1571
Group Investor Relations Director
Email: douglas.radcliffe@lloydsbanking.com
Group Corporate Affairs
Matt Smith
Head of Media Relations +44 (0) 7788 352 487
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 first quarter of 2025 under the
Group's Fixed Share Award
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.701600 252,180
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-20
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Acquisition of Shares following the exercise of a share award on a net of
income tax and national insurance contributions (NICs) basis
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.00 725,564
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-21
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Acquisition of Shares - In respect of the first quarter of 2025 under the
Group's Fixed Share Award
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.701600 160,847
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-20
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Disposal of ordinary shares (to effect transfer to ISA).
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.702 11,338
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-21
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Acquisition of ordinary shares (to effect
transfer to ISA).
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.7021 11,266
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-21
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 CEO, 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 Acquisition of Shares following the exercise of a share award on a net of
income tax and national insurance contributions (NICs) basis
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.00 226,729
d) Aggregated information
N/A (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2025-03-21
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Disposal of Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.708464 77,181
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-20
f) Place of the transaction London Stock Exchange (XLON)
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 Acquisition of Shares following the exercise of a share award on a net of
income tax and national insurance contributions (NICs) basis
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.00 51,760
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-21
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jayne Opperman
2 Reason for the notification
a) Position/status CEO, Consumer Relationships
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 following the exercise of a share award on a net of
income tax and national insurance contributions (NICs) basis
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.00 336,743
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-21
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 Ordinary Shares of 10p each
Identification code
GB0008706128
b) Nature of the transaction Disposal of Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP00.702604 2,250,000
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 2025-03-21
f) Place of the transaction London Stock Exchange (XLON)
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