Lloyds Banking Group PLC Director/PDMR Shareholding (4756D)
29 March 2014 - 12:11AM
UK Regulatory
TIDMLLOY
RNS Number : 4756D
Lloyds Banking Group PLC
28 March 2014
28 March 2014
ANTONIO HORTA-OSÓRIO EXERCISES OPTIONS TO ACQUIRE SHARES IN
LLOYDS BANKING GROUP PLC ("GROUP")
On 28 March 2014, the Group was notified that António
Horta-Osório, a person discharging managerial responsibilities, had
acquired 4,005,764 ordinary shares of 10 pence each in the Group
(the "Shares") following the exercise on the same day of a share
buy out award for a total consideration of GBP4. The details of the
share buy out award were announced in March 2011 at the time of the
award. Mr Horta-Osório retained all the Shares apart from 1,887,432
Shares which were sold at a price of 73.39 pence per Share to meet
income tax and national insurance contributions.
This disclosure is made pursuant to the Financial Conduct
Authority's Disclosure and Transparency Rule 3.1.4. The transaction
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
Matt Smith +44 (0) 20 7356 3522
Head of Corporate Media
Email: matt.smith@lloydsbanking.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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