Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group Plc (now Lloyds Banking Group Plc) was submitted on November 27, 2008. The document serves as a regulatory notification regarding a change in major shareholdings rather than a financial performance report. It details a transaction involving Legal & General Group Plc (L&G) and its subsidiaries.
Key Financial Metrics
The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity figures. This document is strictly a disclosure of voting rights and share ownership thresholds.
Material Changes Versus Prior Period
The primary material change disclosed is a reduction in the voting interest held by Legal & General Group Plc in Lloyds TSB Group Plc.
- Threshold Change: L&G's voting interest decreased from 4% to 3%.
- Transaction Date: November 19, 2008.
- Notification Date: November 21, 2008.
- Resulting Position: Following the transaction, L&G held 234,407,870 shares, representing 3.92% of the total voting rights (based on a total voting rights figure of 5,972,853,501).
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a statutory notification of a change in shareholding structure.
Important Facts for Investor Verification
- Verify the total number of voting rights outstanding (5,972,853,501) to confirm the 3.92% calculation.
- Confirm the specific subsidiaries of Legal & Group Plc holding the shares, including Legal & General Assurance (Pensions Management) Limited and Legal & General Investment Management Limited.
- Note that this filing reflects a disposal of voting rights, reducing L&G's stake below the 4% threshold.