6-K 1 a8936c.htm DIRECTOR/PDMR SHAREHOLDING a8936c
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
 
23 June 2021

LLOYDS BANKING GROUP plc

(Translation of registrant's name into English)
 
5th Floor
25 Gresham Street
London
EC2V 7HN
United Kingdom
 
 
(Address of principal executive offices)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
 
Form 20-F..X..     Form 40-F 
 
 
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes         No ..X..
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): 82- ________
 
 
Index to Exhibits
 
 
Item
 
 No. 1 Regulatory News Service Announcement, dated 23 June 2021
          re: Director/PDMR Shareholding
 
 
23 June 2021
 
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')
 
 
This announcement should be read in conjunction with the Summary Remuneration Announcement and disclosures in the 2020 Annual Report and Accounts published on 24 February 2021. The 2020 Annual Report and Accounts is available on the 'Financial downloads' page in the 'Investors' section of the Group's website www.lloydsbankinggroup.com.
 
Fixed Share Awards
This announcement details the number of Shares acquired by PDMRs in respect of the second quarter of 2021 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 23 June 2021, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 47.26 pence per Share.
 
The Shares will be held on behalf of the PDMRs and will be released over a three year period, with one-third being released each year on 23 June.
 
Name
Shares
William Chalmers
181,904
Antonio Lorenzo
140,125
Vim Maru
140,125
David Oldfield
137,378
Janet Pope
98,127
Stephen Shelley
139,340
Andrew Walton
98,127
 
Disposal of Shares
David Oldfield, a PDMR, sold 500,000 Shares on 22 June 2021 at a price of 46.886 pence per Share.  Following this disposal (and prior to the acquisition of the above Shares under the Fixed Share Award), David Oldfield (and persons closely associated) held 4,495,816 Shares, including Shares subject to holding periods of up to a further two years post vesting, and complies with the Group's shareholding policy requirements.
 
ENQUIRIES:
 
Investor Relations
Douglas Radcliffe
Group Investor Relations Director
Email: douglas.radcliffe@lloydsbanking.com
 
Group Corporate Affairs
Matt Smith
Head of Media Relations
Email: matt.smith@lloydsbanking.com
 
+44 (0) 20 7356 1571
 
 
 
 
+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
 
William Chalmers
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Chief Financial Officer and Interim Group Chief Executive
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
181,904
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
 
 
a)
Name
 
Antonio Lorenzo
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Chief Executive, Scottish Widows and Group Director, Insurance and Wealth
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
140,125
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
 
 
a)
Name
 
Vim Maru
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Group Director, Retail
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
140,125
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
 
 
a)
Name
 
David Oldfield
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Group Director, Commercial Banking
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Disposal of Shares.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.468860
500,000
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
500,000
 
GBP00.468860
 
 
 
e)
Date of the transaction
 
2021-06-22
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
137,378
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction) 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
 
 
a)
Name
 
Janet Pope
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Chief of Staff and Group Director, Corporate Affairs and Responsible Business & Inclusion
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each

GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
98,127
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
 
 
a)
Name
 
Stephen Shelley
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Chief Risk Officer
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
139,340
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
 
 
a)
Name
 
Andrew Walton
 
 
 
2
Reason for the notification
 
 
 
a)
Position/status
 
Group Corporate Affairs Director
 
 
 
b)
Initial notification / Amendment
 
Initial Notification
 
 
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 the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
 
 
b)
Nature of the transaction
 
 
Acquisition of Shares - In respect of the second quarter of 2021 under the Group's Fixed Share Award.
 
 
 
c)
Price(s) and volume(s)
 
 
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
Fixed Share Award
 
GBP00.472600
98,127
 
 
 
 
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A (single transaction)
 
 
 
 
 
e)
Date of the transaction
 
2021-06-23
 
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
 
 
Signatures
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
LLOYDS BANKING GROUP plc
 (Registrant)
 
 
 
By: Douglas Radcliffe
Name: Douglas Radcliffe
Title: Group Investor Relations Director
 
 
 
 
 
Date: 23 June 2021