Lloyds Banking Group PLC Circ re. re-launch of Dividend Reinvestment Plan (7108I)
27 March 2015 - 11:24PM
UK Regulatory
TIDMLLOY
RNS Number : 7108I
Lloyds Banking Group PLC
27 March 2015
27 March 2015
LLOYDS BANKING GROUP PLC CIRCULAR TO SHAREHOLDERS IN RESPECT OF
RE-LAUNCH OF THE DIVIDEND REINVESTMENT PLAN ("DRIP")
Lloyds Banking Group plc (the "Company") announced on 27
February 2015 that its Directors were recommending that a dividend
of 0.75 pence per ordinary share be declared for the full year
ended 31 December 2014. Shareholders will be asked to approve this
dividend at the Company's 2015 Annual General Meeting ("AGM").
The Company also announced on 27 February 2015 that the
Directors have decided to re-launch the Company's DRIP. The DRIP
allows shareholders to use their dividend payments to purchase
additional shares in the Company, rather than receive a cash
payment.
In accordance with Listing Rule 9.6.1, the Company has submitted
today to the National Storage Mechanism a circular to shareholders
in respect of the re-launch of the DRIP, comprising the following
documentation:
-- a letter from the Chairman regarding the Company's DRIP;
-- a guide for shareholders entitled "Your Dividend - Your
Choice" explaining the choices available to shareholders, key dates
for the DRIP, frequently asked questions and providing instructions
on how to complete the relevant forms to be sent to shareholders in
relation to the DRIP (the "Guide"). The Guide has been tailored to
shareholders depending on whether they currently participate in the
DRIP or are registered to receive a cash dividend; and
-- the terms and conditions of the DRIP,
(together, the "Circular").
The Circular will shortly be available for inspection at
www.hemscott.com/nsm.do
A copy of the Circular is available through the 'Investors &
Performance' section of our website www.lloydsbankinggroup.com
Mailing of the Circular, relevant forms relating to the DRIP and
other AGM documents commenced today.
If shareholders wish to make a change to their dividend payment
instruction, the relevant instruction forms must be received by the
Company's DRIP administrator, Equiniti Financial Services Limited,
by no later than 5.00 pm on 21 April 2015 for those instructions to
apply in respect of the recommended dividend to be proposed at the
Company's 2015 AGM.
-END-
For further information:
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
Participation in the DRIP is optional, and this announcement
does not constitute advice to join, continue to participate in, or
withdraw from, the DRIP. If shareholders have any doubt about the
action they should take, it is recommended that they consult their
stockbroker, solicitor, accountant or other independent
professional adviser authorised under the Financial Services and
Markets Act 2000.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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