Lloyds Banking Group PLC has released a notification of transactions by persons discharging managerial responsibilities (PDMRs) in ordinary shares of the group. The transactions involve the monthly acquisition of Partnership Shares and the award of Matching Shares under the Group's Share Incentive Plan (SIP), made on 10 June 2024, in respect of those PDMRs who are participants in the SIP.
Chirantan Barua, CEO of Insurance, Pensions & Investments, acquired 55 Partnership Shares at a price of GBP00.548 and 81 Matching Shares at a price of GBP00.000. Kate Cheetham, Chief Legal Officer and Company Secretary, acquired 274 Partnership Shares at a price of GBP00.548 and 82 Matching Shares at a price of GBP00.000. Joanna Harris, CEO of Mass Affluent, acquired 228 Partnership Shares at a price of GBP00.548 and 82 Matching Shares at a price of GBP00.000. Stephen Shelley, Chief Risk Officer, acquired 274 Partnership Shares at a price of GBP00.548 and 82 Matching Shares at a price of GBP00.000.
The transactions were conducted outside a trading venue. The announcement provides detailed information about the nature of the transactions, the financial instruments involved, and the individuals involved in the acquisitions. For further details, the announcement provides contact information for Investor Relations and Group Corporate Affairs.
This notification provides transparency regarding the acquisition of shares by PDMRs under the Group's Share Incentive Plan, aligning with regulatory requirements and ensuring that the market and stakeholders are informed about these transactions.