Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc is dated March 4, 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 figure disclosed is a historical special dividend of 68.3p per share paid in 1996 to former TSB Group plc shareholders.
Material Changes
No material changes to financial performance or operations are reported. The filing details a specific transaction where the Lloyds TSB Group employee share ownership trust transferred 2,234 shares to individuals who exercised share options. This transfer served as compensation for the 1996 special dividend, which was not originally paid to optionholders.
Guidance, Outlook, and Risks
The filing contains no management commentary, future guidance, outlook, or discussion of risks and contingencies. It is a compliance notification made pursuant to paragraph 16.13 of the listing rules.
Important Facts for Investors
- The trust holds 1,453,954 shares in which six named directors and approximately 77,000 other employees are treated as interested parties.
- The 2,234 shares transferred were compensation for a 1996 special dividend of 68.3p per share.
- This filing is a regulatory update on director interests and does not reflect the company's current financial health or operational results.