Lloyds Banking Group PLC Director/PDMR Shareholding (3241Q)

TIDMLLOY

RNS Number : 3241Q

Lloyds Banking Group PLC

16 June 2015

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")

On 15 June 2015, the Group was notified of the disposal of Shares by PDMRs as set out below:

 
 Name of PDMR               Number     Price Per    Transaction 
                         of Shares         Share           date 
                              Sold 
 Vim Maru                  500,000   86.34 pence   15 June 2015 
 Miguel-Ángel       2,300,000   86.20 pence   15 June 2015 
  Rodríguez-Sola 
 Toby Strauss            2,100,000   86.35 pence   15 June 2015

In addition, the Group was notified on 15 June 2015 that Andrew Bester, a PDMR, had acquired 1,669,428 Shares in the Group following the exercise on the same day of a share buyout award for nil consideration. The details of the share buyout award were announced in August 2012 at the time of the award. Mr Bester has retained 624,829 Shares after the disposal of 786,599 Shares to meet income tax and national insurance contributions arising from the acquisition, and a further disposal of 258,000 Shares. The Shares were sold at 86.418 pence per Share.

Following the above disposals, the above PDMRs continue to meet their current shareholding requirements.

These disclosures are made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4. The transactions 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

Interim Investor Relations Director

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