Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc, dated June 20, 2007, serves as a Regulatory News Service Announcement. The document discloses a transaction involving the shareholding of a Director/Person Discharging Managerial Responsibility (PDMR) in compliance with DR 3.1.4R(1).
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a regulatory notification regarding director shareholdings and does not contain financial performance data.
Material Changes
The filing reports a minor acquisition of shares by Mr. Archibald Gerard Kane, a director of the company.
- Transaction: 48 Ordinary Shares of 25p each were purchased on May 2, 2007.
- Price: 584.08p per share.
- Context: The purchase was executed by Lloyds TSB Registrars (ISA) Nominees Limited for Mr. Kane's single company maxi ISA. The director was unaware of the transaction until notified by the registrar and reported it immediately upon receipt of information.
- Impact: The percentage of the issued class acquired is described as "minimal."
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is strictly a compliance notification regarding a specific share transaction.
Investor Verification Points
- Verify the total shareholding of Mr. Archibald Gerard Kane, which includes direct holdings, holdings via connected persons (Mrs. Kane), nominee accounts, and conditional awards under performance and long-term incentive plans.
- Confirm the total number of options held by the director following this notification, stated as 1,017,898.
- Note that the transaction was an automatic ISA purchase rather than a discretionary market trade by the director.