Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc (now Lloyds Banking Group Plc) is a Regulatory News Service Announcement dated October 6, 2006. The document serves as a notification of transactions involving directors and persons discharging managerial responsibilities (PDMRs) in compliance with DR 3.1.4R(1) and the Companies Act 1985. The filing covers share acquisitions executed on October 4, 2006, and reported to the issuer on October 5, 2006.
Key Financial Metrics
This filing does not contain consolidated financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. It is strictly a disclosure of insider trading activity. The only financial data provided relates to the specific share transactions:
- Share Class: Ordinary Shares of 25p each.
- Transaction Price: 554.5 pence per share.
- Transaction Date: October 4, 2006.
- Exchange: London Stock Exchange.
Material Changes Versus Prior Period
The filing does not provide comparative financial data or material changes in the company's operational performance. The only changes reported are incremental increases in the shareholdings of five specific directors resulting from the acquisition of shares under the Lloyds TSB Group Shareplan. The percentage of the issued class acquired by each director is described as "minimal."
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, risk factors, or contingencies regarding the company's business operations. The document is a statutory compliance notification regarding director shareholdings.
Important Facts for Investor Verification
- Transaction Nature: Five directors (Teresa Arlene Dial, George Truett Tate, Helen Alison Weir, Carol Frances Sergeant, and Christopher Michael Wiscarson) acquired shares under the Lloyds TSB Group Shareplan.
- Acquisition Details:
- Teresa Arlene Dial: Acquired 10 shares.
- George Truett Tate: Acquired 38 shares.
- Helen Alison Weir: Acquired 24 shares.
- Carol Frances Sergeant: Acquired 34 shares.
- Christopher Michael Wiscarson: Acquired 85 shares.
- Post-Transaction Holdings: Total option holdings following notification were reported as 706,959 (Dial), 1,116,907 (Tate), 861,775 (Weir), 470,090 (Sergeant), and 1,007,017 (Wiscarson).
- Regulatory Compliance: The transactions were notified to the issuer on October 5, 2006, and the filing was signed by M.D. Oliver, Director of Investor Relations.