REG - Lloyds Banking Group - Director/PDMR Shareholding <Origin Href="QuoteRef">LLOY.L</Origin>

Lloyds BankingAnnouncement

29/10/2014 07:56

RNS Number : 7538Q
Lloyds Banking Group PLC
03 September 2014
3 September 2014
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")
As previously announced, the deferred bonus awards for 2010, 2011, 2012 and 2013 performance would vest in tranches over the period September 2011 to September 2017 and be released in Shares.
In this respect, the Group announces that on 2 September 2014, after the settlement of income tax and national insurance contributions, the PDMRs listed in the table belowreceived the number of Shares as set out by their name. The Shares were acquired for nil consideration.
Name
Shares 
Andrew Bester
188,151
Alison Brittain
432,798
Juan Colombs
231,604
Antnio Lorenzo
357,284
David Nicholson
88,494
David Oldfield
118,122
Miguel-ngel Rodrguez-Sola
237,239
Toby Strauss
128,049
Matt Young
191,447
David Oldfield sold the 118,122 Shares released to him at 75.9259 pence per Share.
Mr Horta-Osrio waived his right to be considered for a bonus in 2011. His conditional bonus awards for 2012 and 2013 performance are subject to deferral for five years and accordingly do not vest in 2014. The conditional bonus award to Mr Culmer for 2012 performance and to Mr Colombs and Mr Culmer for 2013 performance are subject to deferral until 2015 and 2016 respectively and accordingly do not vest in 2014. 
This disclosure is made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4. The transactions took place in the UK and the Shares are listed on the London Stock Exchange. 
ENQUIRIES:
Investor Relations
Douglas Radcliffe  +44 (0) 20 7356 1571
Head of Operations & Reporting
Email: douglas.radcliffe@finance.lloydsbanking.com
Group Corporate Affairs
Andrew Swailes  +44 (0) 20 7356 1714
Media Relations Manager, Corporate
Email: andrew.swailes@lloydsbanking.com

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