SEC Form 6-K Summary: Lloyds TSB Group plc
Business Context and Reporting Period
This filing is a Form 6-K Report of Foreign Private Issuer dated April 24, 2006, submitted by Lloyds TSB Group plc. The document serves as a Regulatory News Service Announcement regarding the notification of transactions involving directors and persons discharging managerial responsibilities (PDMRs). The specific transactions reported occurred on April 20, 2006, with the issuer informed on April 21, 2006.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It is strictly a disclosure of insider share transactions.
Key transaction details include:
- Share Class: Ordinary Shares of 25p each.
- Transaction Price: 531.13p per share.
- Transaction Type: Acquisitions under the Lloyds TSB Group Shareplan (comprising "partnership" and "matching" shares).
- Percentage of Issued Class: Described as "MINIMAL" for all transactions.
Material Changes Versus Prior Period
The filing does not provide comparative financial data or material changes in business operations versus prior periods. The only changes reported are incremental increases in shareholdings for six specific directors resulting from the April 20, 2006 share plan acquisitions.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, risk factors, or contingencies. It is a compliance notification required under DR 3.1.4R(1) and Section 324 of the Companies Act 1985.
Important Facts for Investor Verification
- Directors Involved: John Eric Daniels, Michael Edward Fairey, Archibald Gerard Kane, Carol Frances Sergeant, Christopher Michael Wiscarson, and Frans Hijkoop.
- Transaction Volume: Acquisitions ranged from 11 shares (Mr. Fairey) to 29 shares (Mrs. Sergeant) per director on the transaction date.
- Option Holdings: The filing discloses total options held following notification for each director, ranging from 470,090 (Mrs. Sergeant) to 2,371,087 (Mr. Daniels).
- Shareholding Structure: Holdings are split across personal accounts, nominee accounts (LTSBRCNL AESOP1), offshore trusts (HSOTC), and conditional performance share awards.
- Market Listing: Shares are listed on the London Stock Exchange.