Report of Foreign Issuer (6-k)

 

 

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

 

 

24  March 2016


 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

 

 

24 March 2016

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")

 

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 Sold	Price Per Share
Karin Cook	110,000	68.56 pence
David Oldfield	300,000	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.

 

ENQUIRIES:

 

Investor Relations

Douglas Radcliffe                                                             [phone]

Group Investor Relations Director

Email: douglas.radcliffe@ finance.lloydsbanking.com

 

Group Corporate Affairs

Matt Smith                                                                         [phone]

Head of Corporate Media

Email: [e-mail]

 

 

 

 

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: Interim Investor Relations Director

                                                                                                                 

 

 

                                                                                                                                                                                                        

Date: 24 March 2016