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 January 4, 2005. The document serves as a "Blocklisting Six Monthly Return" submitted to the UK Listing Authority and Financial Services Authority. The reporting period covers the six months from July 1, 2004, to December 31, 2004.
Key Financial Metrics
The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity figures. The document is strictly a regulatory report regarding share schemes and does not contain financial performance data.
Key capitalization data provided includes:
- Total Shares in Issue: 5,596,397,111 ordinary shares of 25p each as of December 31, 2004.
- Share Schemes Reported: The filing details activity across 12 distinct employee share and option schemes, including the Lloyds TSB Group Shareplan, various executive share option schemes (1987, 1996, 1997), and staff sharesave schemes.
Material Changes Versus Prior Period
The filing reports specific movements in shares allotted under various schemes during the six-month period compared to the start of the period:
- Lloyds TSB Group staff sharesave scheme: 241,649 shares were issued/allotted.
- Lloyds TSB Group sharesave scheme 1997: 258,659 shares were issued/allotted.
- Lloyds Bank senior executives' UK share option scheme 1987: 29,744 shares were issued/allotted.
- Lloyds TSB Group executive share option scheme: 11,348 shares were issued/allotted.
- No Activity: Several schemes, including the Lloyds TSB Group Shareplan and the Lloyds Bank senior executives' overseas share option scheme 1987, reported "Nil" shares issued during the period.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, or specific risk factors. The document includes a standard disclaimer stating that the Financial Services Authority (FSA) gives no warranty as to the accuracy of the document and accepts no liability for errors or omissions.
Important Facts for Investor Verification
- Share Count Confirmation: Verify the total number of shares in issue (5,596,397,111) against the company's latest annual report to ensure consistency.
- Dilution Impact: Assess the total number of shares issued under employee schemes (approx. 541,399 shares across all schemes in this period) relative to the total share count to understand dilution effects.
- Scheme Balances: Note the significant number of shares remaining unissued under the "Lloyds TSB Group sharesave scheme 1997" (35,834,539) and "Lloyds Bank staff savings-related share option scheme 1990" (11,819,484), which represent potential future dilution.
- Regulatory Compliance: Confirm that the blocklisting of shares for these schemes remains compliant with UK Listing Authority rules as of the filing date.