Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc (now Lloyds Banking Group Plc) is dated January 23, 2007. The document serves as a Regulatory News Service (RNS) announcement regarding the notification of interests of directors and employees in the company's share capital.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly a disclosure of shareholding movements and does not contain financial performance data.
Material Changes
The primary material change reported is a transfer of 115,745 ordinary shares (25p each) within the Lloyds TSB Group Shareplan. These shares were moved from an allocated account (AESOP1) to an unallocated account (AESOP2) following the forfeiture of shares by participants who left the group.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a compliance notification made pursuant to paragraph 3.1.4(R)(1)(b) of the disclosure rules.
Important Facts for Investors
- Share Transfer: 115,745 shares were transferred from allocated to unallocated status due to employee departures.
- Director Interests: Seven directors (Sir Victor Blank, Mr. J.E. Daniels, Ms. T.A. Dial, Mr. M.E. Fairey, Mr. A.G. Kane, Mr. G.T. Tate, and Mrs. H.A. Weir) are listed as potential participants interested in the 996,984 unallocated shares held by the trustee.
- Employee Participation: Approximately 77,000 other employees are also potential participants in the Shareplan.
- Trustee Details: Hill Samuel ESOP Trustees Limited acts as the trustee for the Lloyds TSB Group Shareplan.