Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc (now Lloyds Banking Group Plc) is dated July 21, 2006. The document serves as a Regulatory News Service (RNS) announcement regarding the notification of interests of directors and other participants in the Lloyds TSB Group Shareplan.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly a disclosure of shareholding movements and does not contain financial performance data.
Material Changes
The material change reported is a transfer of 162,304 ordinary shares (25p each) from the allocated share account (AESOP1) to the unallocated share account (AESOP2). This transfer occurred following the forfeiture of shares by participants who left the group under the rules of the Shareplan.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is a compliance notification made pursuant to paragraph 3.1.4(R)(1)(b) of the disclosure rules.
Important Facts for Investors
- Share Transfer: 162,304 shares were moved from allocated to unallocated status due to employee departures.
- Unallocated Holdings: The unallocated account (AESOP2) holds 328,047 shares.
- Interested Parties: Seven named directors (Sir Victor Blank, Mr. J.E. Daniels, Ms. T.A. Dial, Mr. M.E. Fairey, Mr. A.G. Kane, Mr. G.T. Tate, Mrs. H.A. Weir) and approximately 77,000 other employees are treated as interested in the unallocated shares.
- Trustee: Hill Samuel ESOP Trustees Limited acts as the trustee for the Shareplan.