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Director/PDMR Shareholding

15th Mar 2012 14:11

RNS Number : 4434Z
Lloyds Banking Group PLC
15 March 2012
 



 

15 March 2012

LLOYDS BANKING GROUP PLC ("GROUP") - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ORDINARY SHARES OF THE GROUP OF 10P EACH ("SHARES")

 

The Group announces that today, following the successful delivery of the integration programme, the 2009 LTIP Integration Awards vested for the individuals listed in the table below. They have received the number of Shares as set out by their name, after the appropriate number of Shares had been withheld to cover tax and national insurance contributions. The Shares were acquired for nil consideration.

 

Name

Shares

M Fisher

748,008

J Maltby

480,862

D Nicholson

400,717

A Risley

400,718

 

 

 

The Group further announces that today Mr Fisher exercised an option over 1,984,093 Shares under the Lloyds Banking Group plc Executive Share Plan 2003. The Shares were acquired for nil consideration.  

 

Mr Fisher sold 2,482,101 Shares today at 35.6711 pence per Share, inclusive of the appropriate number of Shares to cover tax and national insurance contributions due on the exercise of his option. Following the above transactions, Mr Fisher's shareholding in the Group increased by 250,000 Shares bringing his total shareholding to 519,738 Shares.

 

This announcement is made pursuant to Disclosure Rule 3.1.4. The transactions took place in the UK and the shares are listed on the London Stock Exchange.

 

For further information:

 

Press Office

Sarah Swailes, Group Media Relations +44 (0)20 7661 4639

Email: sarah.swailes@lloydsbanking.com

 

Investor Relations

Douglas Radcliffe, Head of Operations & Reporting +44 (0)20 7356 1571

Email: douglas.radcliffe@ltsb-finance.co.uk 

 

 

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