Business Context and Reporting Period
This Form 6-K filing by Lloyds Banking Group Plc, dated March 6, 2024, reports a regulatory notification regarding a change in major shareholdings. The filing discloses an acquisition of voting rights by Norges Bank, the central bank of Norway, which crossed a notifiable threshold on March 4, 2024.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It is strictly a disclosure of equity ownership changes.
| Metric | Value |
|---|---|
| Shareholder | Norges Bank |
| Total Voting Rights Held | 1,935,747,756 |
| Total Percentage of Voting Rights | 3.022110% |
| Voting Rights via Financial Instruments | 0.000000% |
Material Changes Versus Prior Period
Norges Bank increased its total holding of voting rights from 2.93% in the previous notification to 3.022110% as of March 4, 2024. The increase was driven by direct holdings of shares, with no voting rights held through financial instruments.
- Previous Position: 2.93% total voting rights.
- Current Position: 3.022110% total voting rights.
- Composition: 1,927,747,756 direct voting rights in ordinary shares (ISIN GB0008706128) and 8,000,000 direct voting rights in another class (ISIN US5394391099).
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, or specific risk factors related to the company's operations. The notification states that Norges Bank is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer.
Important Facts for Investors to Verify
- Confirm the exact date the 3% threshold was crossed (March 4, 2024) versus the notification date (March 5, 2024).
- Verify the breakdown of share classes held by Norges Bank (Ordinary shares vs. other ISINs).
- Check if this holding change triggers any specific regulatory requirements under UK Disclosure and Transparency Rules (DTR).
- Note that this filing contains no operational or financial performance data for Lloyds Banking Group.