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Lloyds Banking Group alert service

RNS Number : 2387T
Lloyds Banking Group PLC
24 March 2016

24 March 2016



Exercise of option to acquire Shares 

The Group was notified on 24 March 2016 that Vim Maru, a PDMR, acquired on the same day 548,724 Shares following the exercise of a share buyout award. The award was granted in June 2012 for the loss of deferred share benefits forfeited as a result of his resignation from the Santander Group.  Mr Maru has retained all the Shares apart from 258,695 Shares which were sold (at 68.52 pence per Share) to meet income tax and national insurance contributions arising from the acquisition.


Share Disposals

The Group was notified on 23 March 2016 of disposals of Shares by PDMRs on the same day as set out below:


Name of PDMR

Number of Shares


Price Per Share

Karin Cook


68.56 pence

David Oldfield


68.64 pence


Shareholding Requirement

Following these transactions, the above mentioned PDMRs continue to comply with the Group's shareholding policy 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.




Investor Relations

Douglas Radcliffe                                                             +44 (0) 20 7356 1571

Group Investor Relations Director



Group Corporate Affairs

Matt Smith                                                                         +44 (0) 20 7356 3522

Head of Corporate Media


This information is provided by RNS
The company news service from the London Stock Exchange


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