Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc is dated April 25, 2005. The document serves as a regulatory notification regarding director shareholdings and does not contain financial results for a specific reporting period.
Key Financial Metrics
The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity. The only financial data present relates to a specific share transaction:
- Shares Purchased: 1,534,582 ordinary shares (25p each).
- Purchase Date: April 21, 2005.
- Purchase Price: 456.15p per share.
- Total Unallocated Shares: 2,201,087 shares held by the nominee.
Material Changes
The filing reports a material change in director interests due to the acquisition of shares by Hill Samuel ESOP Trustees Limited. These shares were purchased to satisfy allocations of "free shares" to staff under the Lloyds TSB Group Shareplan, scheduled for April 28, 2005. Approximately 77,000 employees, including six named directors, are potential participants in this plan.
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.
Key Facts for Investor Verification
- Verify the total number of unallocated shares held by the nominee (2,201,087) and the specific allocation date (April 28, 2005).
- Confirm the list of directors treated as interested parties: Mr. J.E. Daniels, Mr. M.E. Fairey, Mr. A.G. Kane, Mr. D.P. Pritchard, Mr. G.T. Tate, and Mrs. H.A. Weir.
- Note that this filing does not impact the company's financial statements directly but reflects internal equity compensation activity.