REG - Lloyds Banking Group - Director/PDMR Shareholding <Origin Href="QuoteRef">LLOY.L</Origin>
RNS Number : 8247WLloyds Banking Group PLC17 November 201717 November 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, 4,833Shares were acquired on 16 November 2017 on behalf of Antnio Horta-Osrio in respect of his November 2017 salary. The acquisition price was 66.2419 pence per Share.
ENQUIRIES:
Investor Relations
Douglas Radcliffe
Group Investor Relations Director
Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs
Fiona Laffan
Director of Corporate Communications
Email: fiona.laffan@lloydsbanking.com
+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
Antnio Horta-Osrio
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 November 2017 salary.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
GBP00.662419
4,833
d)
Aggregated information
- Aggregated volume
- Price
N/A (Single Transaction)
e)
Date of the transaction
16 November 2017
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHBGBDBUUBBGRR
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