Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc, dated February 21, 2006, reports a Regulatory News Service (RNS) announcement regarding director and employee shareholding interests. The filing does not cover a financial reporting period but rather discloses a specific corporate governance event related to the Lloyds TSB Group Shareplan.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is strictly a notification of share movements and does not contain financial performance data.
Material Changes
The primary material change reported is the transfer of 62,252 ordinary shares (25p each) from the allocated share account (AESOP1) to the unallocated share account (AESOP2) of the Lloyds TSB Registrars Corporate Nominee Limited. This transfer occurred following the forfeiture of shares by participants who left the group under the rules of the Shareplan.
Outlook, Risks, and Management Commentary
There is no management commentary, financial guidance, or discussion of risks and contingencies in this filing. The document serves solely to comply with disclosure rules regarding the interests of directors and other employees in the unallocated shares held by the trustee.
Key Facts for Investor Verification
- Share Transfer: 62,252 ordinary shares were moved from allocated to unallocated status due to employee departures.
- Unallocated Pool: The unallocated share account (AESOP2) holds 729,421 shares.
- Interested Parties: Six named directors (J.E. Daniels, T.A. Dial, M.E. Fairey, A.G. Kane, G.T. Tate, H.A. Weir) and approximately 77,000 other employees are potential participants interested in the unallocated shares.
- Regulatory Compliance: The notification complies with paragraph 3.1.4(R)(1)(b) of the disclosure rules.