Lloyds Banking Group PLC has announced the monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan (SIP) for certain Persons Discharging Managerial Responsibilities (PDMRs) who are participants in the SIP. The transactions took place on 11 December 2023. The announcement also includes details of a share disposal by Janet Pope, a PDMR, who sold 770,427 shares on 7 December 2023 at a price of 45.4307 pence per share. Following the sale, Pope continues to comply with the Group's shareholding policy requirements.
The announcement provides the contact details for Investor Relations and Group Corporate Affairs for any enquiries. The contact for Investor Relations is Douglas Radcliffe, Group Investor Relations Director, and the contact for Group Corporate Affairs is Matt Smith, Head of Media Relations.
The announcement also includes notifications of transactions by other PDMRs, including Chirantan Barua, CEO of Insurance, Pensions & Investments, Kate Cheetham, Chief Legal Officer and Company Secretary, and Joanna Harris, CEO of Mass Affluent. These transactions involve the acquisition of shares under the Group's Share Incentive Plan.
The transactions for each PDMR include the description of the financial instrument (Ordinary Shares of 10p each), the nature of the transaction (acquisition of shares under the SIP), the price and volume of Partnership Shares and Matching Shares acquired, the aggregated information of volume and price, the date of the transaction, and the place of the transaction (outside a trading venue).
Overall, the announcement provides details of the monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan for certain PDMRs, as well as a share disposal by Janet Pope. It also includes notifications of transactions by other PDMRs, including Chirantan Barua, Kate Cheetham, and Joanna Harris.