Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc (now Lloyds Banking Group Plc) is dated April 11, 2007. The document serves as a Regulatory News Service Announcement regarding a notification of transactions involving a Director/Person Discharging Managerial Responsibility (PDMR), specifically Helen Alison Weir, in compliance with DR 3.1.4R(1) and Section 324 of the Companies Act 1985.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a regulatory disclosure of shareholding changes and does not contain financial performance data.
Material Changes
The material change reported is an increase in the shareholding of Director Helen Alison Weir. On March 28, 2007, 1,235 ordinary shares of 25p each were purchased for her single company maxi ISA at a price of 562.5p per share. The transaction was executed by Lloyds TSB Registrars (ISA) Nominees Limited. The director was unaware of the transaction until notified by the registrar and reported it to the company on April 11, 2007.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is strictly a compliance notification regarding director shareholdings.
Important Facts for Investors to Verify
- Transaction Details: 1,235 shares were acquired for Director Helen Alison Weir's ISA on March 28, 2007, at 562.5p per share.
- Total Holdings: Following the transaction, the director's total holding includes 1,430 shares in her own name, 4,770 in her ISA, 36,690 in a trust, and conditional awards totaling 732,871 shares under performance and long-term incentive plans.
- Percentage Impact: The filing states the percentage of the issued class acquired and the total percentage holding following notification is "MINIMAL."
- Reporting Delay: The notification was made on April 11, 2007, after the director received information from the registrar regarding the ISA transaction.