TIDMLLOY

RNS Number : 6325C

Lloyds Banking Group PLC

18 April 2017

18 April 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, 5,107 Shares were acquired on 18 April 2017 on behalf of António Horta-Osório in respect of his April 2017 salary. The acquisition price was 62.69 pence per Share.

ENQUIRIES:

 
 Investor Relations 
  Douglas Radcliffe 
  Group Investor Relations Director                       +44 (0) 20 7356 1571 
  Email: douglas.radcliffe@finance.lloydsbanking.com 
 
  Group Corporate Affairs 
  Matt Smith 
  Head of Corporate Media 
  Email: matt.smith@lloydsbanking.com                     +44 (0) 20 7356 3522

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                         António Horta-Osório 
----  ---------------------------  ----------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------- 
 a)    Position/status              Group Chief Executive 
----  ---------------------------  ----------------------------------------- 
 b)    Initial notification         Initial Notification 
        / Amendment 
----  ---------------------------  ----------------------------------------- 
 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               Ordinary Shares of 10p each 
        the financial 
        instrument, type 
        of instrument 
                                     GB0008706128 
        Identification 
        code 
----  ---------------------------  ----------------------------------------- 
 b)    Nature of the                Acquisition of Shares - Portion 
        transaction                  of the Group Chief Executive's 
                                     increase in base salary delivered 
                                     in Shares (as described in 
                                     the Summary Remuneration 
                                     Announcement) in respect 
                                     of April 2017 salary. 
----  ---------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
----                                ----------------------  -------------- 
                                     Price(s)                Volume(s) 
----                                ----------------------  -------------- 
    GBP00. 626900                                            5,107 
   -------------------------------------------------------  -------------- 
 
 d)    Aggregated information 
 
        - Aggregated volume           N/A (Single Transaction) 
 
        - Price 
----  ---------------------------  ----------------------------------------- 
 e)    Date of the transaction      18 April 2017 
----  ---------------------------  ----------------------------------------- 
 f)    Place of the transaction     London Stock Exchange (XLON) 
----  ---------------------------  -----------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 18, 2017 11:01 ET (15:01 GMT)

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