Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc is dated February 4, 2005. The report serves as a Regulatory News Service (RNS) announcement regarding director shareholdings and compliance with listing rules, rather than a financial results report.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The only financial figure disclosed is a historical special dividend of 68.3p per share paid in 1996 to former TSB Group plc shareholders, which was not originally paid to optionholders.
Material Changes
The filing details a specific transaction involving the Lloyds TSB Group employee share ownership trust:
- Hill Samuel Offshore Trust Company Limited transferred 1,488 ordinary shares to individuals who exercised share options.
- This transfer served as compensation for the 1996 special dividend.
- The trust retains 1,464,168 shares, in which the listed directors are treated as interested parties.
Guidance, Outlook, and Risks
The filing contains no management commentary, future guidance, outlook, or discussion of risks and contingencies. The document is strictly a notification to comply with paragraph 16.13 of the listing rules regarding director interests.
Investor Verification Points
- Verify the total number of shares held by the employee share ownership trust (1,464,168 remaining).
- Confirm the list of directors treated as interested in the trust shares: Mr. J.E. Daniels, Mr. M.E. Fairey, Mr. A.G. Kane, Mr. D.P. Pritchard, Mr. G.T. Tate, Mr. M.A. van den Bergh, and Mrs. H.A. Weir.
- Note that this filing does not contain operational or financial performance data for the period.