Form 6-K Lloyds Banking Group For: Sep 22
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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
22 September 2022
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 22 September
2022
re: Director/PDMR
Shareholding
22
September 2022
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
disclosures in the 2021 Annual Report and Accounts published on 24
February 2022. The 2021 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 third quarter of 2022 under the Group's Fixed Share
Award. In this respect, the PDMRs listed in the table below
acquired on 22 September 2022, after the settlement of income tax
and national insurance contributions, the number of Shares as set
out by their name. The acquisition price was 48.1791 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 22 September.
|
Name
|
Shares
|
|
Charlie Nunn
|
281,955
|
|
William Chalmers
|
135,338
|
|
Antonio Lorenzo
|
134,210
|
|
David Oldfield
|
131,579
|
|
Janet Pope
|
93,985
|
|
Stephen Shelley
|
133,459
|
|
Andrew Walton
|
93,985
|
Release of Group Ownership Share Awards
The Exec GOS awards which related to performance in 2019 were
partially released on 22 September 2022. In respect of the
portion of these awards that were released, the Group announces
that on 22 September 2022, after the settlement of income tax and
national insurance contributions, the PDMRs listed in the table
below received (for no payment) the number of Shares as set out by
their name.
Executive Directors and Material Risk Takers (as identified at the
time of the award) are required to retain any shares vesting under
the 2019 Exec GOS until March 2023.
|
Name
|
2019 Exec
GOS1
|
|
Antonio Lorenzo
|
185,577
|
|
David Oldfield
|
185,577
|
|
Janet Pope
|
100,427
|
|
Stephen Shelley
|
164,131
|
|
Andrew Walton
|
37,243
|
1 As previously disclosed, the 2019
Exec GOS vested at 41.8%.
BUY OUT AWARD FOR CHIEF PEOPLE AND PLACES OFFICER
Sharon Doherty joined the Group on 6 June 2022 and was
appointed as Chief People and Places Officer. It was agreed that Ms
Doherty would on appointment be granted deferred share awards over
6,272,966 Shares to replace unvested awards from her previous
employer that are forfeit as a result of her joining the Group. The
awards will vest in two parts, 50% in June 2023 and the remaining
50% in June 2024. The awards were granted in accordance with the
regulatory requirements for buy-outs to which the Group is subject,
as detailed in the PRA Rulebook and corresponding FCA
requirements.
ENQUIRIES:
|
Investor Relations
Douglas Radcliffe
Group Investor Relations Director
Email: [email protected]
Group Corporate Affairs
Matt Smith
Head of Media Relations
Email: [email protected]
|
+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
|
Charlie Nunn
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
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 third quarter of 2022
under the Group's Fixed Share Award.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
Fixed Share Award
|
GBP00.481791
|
281,955
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
|
|
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
|
|
|
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 third quarter of 2022
under the Group's Fixed Share Award.
|
|
|
c)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
Fixed Share Award
|
GBP00.481791
|
135,338
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
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
|
CEO, Insurance, Pensions and Investments
|
||
|
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 third quarter of 2022
under the Group's Fixed Share Award.
|
||
|
c)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
Fixed Share Award
|
GBP00.481791
|
134,210
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
||
|
e)
|
Date of the transaction
|
2022-09-22
|
||
|
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
|
Shares acquired in respect of the vesting of the 2019 Group
Ownership Share (GOS) Award on a net of income tax and national
insurance contributions (NICs) basis.
|
||
|
c)
|
Price(s)
and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
|
GBP00.0000
|
185,577
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
||
|
e)
|
Date of the transaction
|
2022-09-22
|
||
|
f)
|
Place of the transaction
|
Outside a trading venue
|
||
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
|||
|
a)
|
Name
|
David Oldfield
|
||
|
2
|
Reason for the notification
|
|||
|
a)
|
Position/status
|
CEO, Commercial Banking and Interim Group Chief Operating
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 third quarter of 2022
under the Group's Fixed Share Award.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
Fixed Share Award
|
GBP00.481791
|
131,579
|
||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
|
||
|
e)
|
Date of the transaction
|
2022-09-22
|
||
|
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
|
Shares acquired in respect of the vesting of the 2019 Group
Ownership Share (GOS) Award on a net of income tax and national
insurance contributions (NICs) basis.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
GBP00.0000
|
185,577
|
||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
||
|
e)
|
Date of the transaction
|
2022-09-22
|
||
|
f)
|
Place of the transaction
|
Outside a trading venue
|
||
|
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, Sustainable
Business
|
|
|
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 third quarter of 2022
under the Group's Fixed Share Award.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
Fixed Share Award
|
GBP00.481791
|
93,985
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
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
|
Shares acquired in respect of the vesting of the 2019 Group
Ownership Share (GOS) Award on a net of income tax and national
insurance contributions (NICs) basis.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
GBP00.0000
|
100,427
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
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 third quarter of 2022
under the Group's Fixed Share Award.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
Fixed Share Award
|
GBP00.481791
|
133,459
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
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
|
Shares acquired in respect of the vesting of the 2019 Group
Ownership Share (GOS) Award on a net of income tax and national
insurance contributions (NICs) basis.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
GBP00.0000
|
164,131
|
||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Andrew Walton
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief Corporate Affairs 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 third quarter of 2022
under the Group's Fixed Share Award.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
Fixed Share Award
|
GBP00.481791
|
93,985
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
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
|
Shares acquired in respect of the vesting of the 2019 Group
Ownership Share (GOS) Award on a net of income tax and national
insurance contributions (NICs) basis.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
GBP00.0000
|
37,243
|
||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
(single transaction)
|
|
|
e)
|
Date of the transaction
|
2022-09-22
|
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
||
|
a)
|
Name
|
Sharon
Doherty
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief People and
Places 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
|
Grant of awards
under the Group's Deferred Bonus Plan 2021 in the form of
options
|
|
|
c)
|
Price(s) and
volume(s)
|
Price(s)
|
Volume(s)
|
|
GBP00.00
|
6,272,966
|
||
|
d)
|
Aggregated
information
- Aggregated
volume
-
Price
|
N/A (single transaction)
|
|
|
e)
|
Date of the
transaction
|
2022-09-22
|
|
|
f)
|
Place of the
transaction
|
Outside a trading
venue
|
|
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: 22
September 2022
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