Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc, dated April 29, 2005, reports a Regulatory News Service (RNS) announcement regarding director shareholdings. The document details transactions related to the Lloyds TSB Group Shareplan, specifically the purchase, transfer, and allocation of ordinary shares to satisfy employee awards.
Key Financial Metrics
The filing does not provide consolidated financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data present relates to specific share transactions:
- Share Purchase 1: 1,551,899 shares purchased on April 27, 2005, at 451.06p per share.
- Share Purchase 2: 382,913 shares purchased on April 28, 2005, at 447p per share.
- Share Acquisition: 6,747 shares acquired from another employee share trust.
- Share Allocation: 8,748,521 shares allocated to participants on April 28, 2005, at 457.4p per share.
- Share Transfer: 28,487 shares transferred from allocated to unallocated accounts due to forfeiture.
Material Changes
The filing reports a material change in the shareholding status of the Lloyds TSB Registrars Corporate Nominee Limited a/c AESOP2 (unallocated shares). Following the transactions described, the holding in this account was reduced to nil. Additionally, the filing notes that 77,000 employees, including six named directors, are potential participants in the Shareplan and are treated as interested parties in these transactions.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is strictly a compliance notification under paragraph 16.13 of the listing rules regarding director interests in share plan transactions.
Key Facts for Investor Verification
- Verify the total number of shares allocated to employees (8,748,521) and the associated cost basis (457.4p per share).
- Confirm the reduction of the unallocated share pool (AESOP2) to zero following the April 28, 2005, transactions.
- Note the specific directors listed as interested parties: J.E. Daniels, M.E. Fairey, A.G. Kane, D.P. Pritchard, G.T. Tate, and H.A. Weir.
- Understand that this filing does not contain operational or financial performance data for the period.