Business Context and Reporting Period
This Form 6-K filing by Lloyds Banking Group Plc, dated March 6, 2024, reports a regulatory notification regarding a change in major shareholdings. The filing discloses an acquisition of voting rights by Norges Bank, the central bank of Norway, which crossed a notifiable threshold on March 4, 2024.
Key Financial Metrics
This filing is a regulatory disclosure of shareholding changes and does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The filing text does not provide a clear value for any financial performance indicators.
Material Changes Versus Prior Period
The material change disclosed is the increase in Norges Bank's total voting rights in Lloyds Banking Group Plc to 3.020365% (1,935,747,756 voting rights). This position consists of:
- Direct Voting Rights (Ordinary Shares): 1,927,747,756 shares (3.007883%)
- Direct Voting Rights (Depository Receipts): 8,000,000 shares (0.012482%)
- Financial Instruments: 0.000000%
The filing does not explicitly state the previous percentage holding, only that a threshold was crossed or reached on the notification date.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a standard notification form (TR-1) required under the Disclosure and Transparency Rules (DTR) regarding major holdings.
Important Facts for Investors to Verify
- Shareholder Identity: Norges Bank (Oslo, Norway) is the entity subject to the notification obligation.
- Total Stake: Norges Bank holds 3.020365% of the total voting rights attached to shares.
- Instrument Composition: The holding is comprised entirely of direct voting rights attached to shares (Ordinary Shares and Depositary Receipts) with no financial instruments contributing to the voting percentage.
- Threshold Trigger: The notification was triggered by an acquisition or disposal of voting rights resulting in the current position as of March 4, 2024.