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 November 24, 2005, 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 (PDMR) in accordance with DR 3.1.4R(1) and Section 324 of the Companies Act 1985.
Key Financial Metrics
The filing does not contain consolidated financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data provided relates to specific share transactions:
- Share Class: Ordinary Shares of 25p each.
- Transaction Price: 478p per share.
- Transaction Date: November 21, 2005.
- Transaction Type: Acquisitions under the Lloyds TSB Group Shareplan (comprising "partnership" and "matching" shares).
Material Changes
The filing details minor increases in shareholdings for six directors/PDMRs resulting from the acquisition of shares under the company shareplan. No material changes to the company's financial position, operations, or capital structure are reported in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, risk factors, or contingencies. It is strictly a compliance notification of insider shareholdings.
Investor Verification Checklist
- Verify the total number of shares acquired by each director under the shareplan (ranging from 12 to 32 shares per individual).
- Confirm the total option holdings reported for each director, which range from approximately 470,000 to 2.7 million shares.
- Note that the percentage of issued class acquired by each individual is reported as "minimal."
- Confirm that no shares were disposed of by these individuals during the reporting period.
Director Transaction Summary
| Director Name | Shares Acquired | Total Options Held |
|---|---|---|
| Christopher Michael Wiscarson | 32 | 1,143,380 |
| Carol Frances Sergeant | 32 | 470,090 |
| John Eric Daniels | 32 | 2,699,270 |
| Michael Edward Fairey | 12 | 2,210,376 |
| Archibald Gerard Kane | 32 | 1,887,352 |
| Frans Hijkoop | 27 | 471,728 |