Lloyds Banking Group PLC has announced the redemption of its 6.475% Non-Cumulative Preference Shares (ISIN: GB00B3KSB568) at 100p per Preference Share, along with accrued interest to the date of repayment at 3.2375p per Preference Share. The redemption is set for 15 September 2024, in accordance with the Company's Articles of Association and resolutions adopted by the Board of Directors. Holders of Preference Shares will receive the Redemption Amount and Accrued Interest through CREST or by cheque/direct deposit to their nominated account.
For further information, holders of Preference Shares can contact Group Corporate Treasury, Investor Relations, or Group Corporate Affairs. The contact details for each department have been provided. The redemption process for holders of Preference Shares in both uncertificated and certificated forms has been outlined, ensuring a clear understanding of the payment procedure. Lloyds Banking Group plc's Registered Office address has also been provided for reference.
This announcement provides a clear and concise overview of the redemption process for Lloyds Banking Group PLC's 6.475% Non-Cumulative Preference Shares, ensuring transparency and clarity for the shareholders.