Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group Plc (now Lloyds Banking Group Plc) is dated March 9, 2006. The document serves as a regulatory notification regarding a significant change in shareholding rather than a periodic financial report.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a disclosure of equity ownership changes and contains no financial performance data.
Material Changes
The primary material change disclosed is the acquisition of shares by Morgan Stanley Securities Limited (MSSL). On March 6, 2006, MSSL acquired an interest resulting in a total holding of 217,790,102 shares, representing approximately 3.89% of the Company's issued share capital.
Outlook, Risks, and Unusual Items
The filing details a specific transaction structure where 216,099,435 of the held shares were transferred to a third party on terms granting MSSL the right to require the return of an equivalent number of shares. This interest is reported pursuant to Section 208(5) of the Companies Act 1985. No management commentary, guidance, or risk factors regarding the company's operations are included in this text.
Investor Verification Checklist
- Verify the total shareholding percentage of Morgan Stanley Securities Limited (3.89%) as of March 6, 2006.
- Confirm the number of shares subject to transfer agreements with third parties (216,099,435 shares).
- Review the Companies Act 1985 sections 198 and 208(5) to understand the attribution and reporting obligations cited.
- Check subsequent filings for any changes in this stake or the status of the transferred shares.