Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc (now Lloyds Banking Group Plc) is a Regulatory News Service Announcement dated June 6, 2005. The document serves as a Schedule 11 notification regarding the shareholding interests of a director and does not contain financial performance data for a specific reporting period.
Key Financial Metrics
The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity. This document is strictly a disclosure of director share transactions and holdings.
Material Changes
The material change disclosed is a reduction in the shareholding of Director John Eric Daniels. On May 31, 2005, Mr. Daniels sold 95,000 ordinary shares at a price of 454p per share. Following this transaction, his direct holding decreased to 157,792 shares.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a statutory notification of a director's transaction.
Important Facts for Investors
- Transaction Type: Director John Eric Daniels sold 95,000 shares.
- Transaction Date: May 31, 2005.
- Transaction Price: 454p per share.
- Post-Transaction Holdings: Mr. Daniels holds 157,792 shares directly, plus 2,922 shares via LTSBRCNL AESOP1 and 57,737 shares via Hill Samuel Offshore Trust Company Limited (excluding conditional performance shares).
- Options: Mr. Daniels holds options over 2,699,270 shares following this notification.
- Percentage Ownership: The total percentage holding of the issued class is described as "minimal."