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Lloyds Banking Group (LYG) PDMRs receive Partnership and Matching Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Lloyds Banking Group reported routine share acquisitions by several senior executives under its Share Incentive Plan. On 9 June 2026, CEO Insurance, Pensions & Investments Chirantan Barua acquired 30 Partnership Shares at GBP0.9906 each and received 45 Matching Shares at no cost.

Chief Legal Officer and Company Secretary Kate Cheetham acquired 151 Partnership Shares at GBP0.9906 and 45 Matching Shares. Other participants included Chief People and Places Officer Sharon Doherty, Chief Risk Officer Stephen Shelley, CEO Consumer Relationships Jasjyot Singh, and Chief Sustainability Officer and Chief Corporate Affairs Officer Andrew Walton, each receiving small Partnership and Matching Share awards outside a trading venue.

Positive

  • None.

Negative

  • None.
Partnership Share price GBP0.9906 per share Price for Partnership Shares on 9 June 2026
Chirantan Barua Partnership Shares 30 shares Acquired under Share Incentive Plan at GBP0.9906
Chirantan Barua Matching Shares 45 shares Awarded at GBP0.0000 under Share Incentive Plan
Kate Cheetham Partnership Shares 151 shares Acquired under Share Incentive Plan at GBP0.9906
Kate Cheetham total shares 196 shares Aggregated volume including Matching Shares
Transaction date 9 June 2026 Date of Share Incentive Plan acquisitions
Instrument nominal value 10 pence per share Ordinary Shares of Lloyds Banking Group
Share Incentive Plan financial
"award of Matching Shares under the Group's Share Incentive Plan ('SIP')"
A share incentive plan is a company program that gives employees or directors the chance to receive or buy company shares, often after staying with the firm or meeting performance goals. It matters to investors because it’s like giving workers a slice of the company pie to boost performance and loyalty, but issuing those slices can reduce each existing owner’s portion and change metrics such as earnings per share and share count.
Partnership Shares financial
"monthly acquisition of Partnership Shares and award of Matching Shares"
Matching Shares financial
"Matching Shares | GBP00.0000 | 45"
persons discharging managerial responsibilities regulatory
"NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')"
Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.
Ordinary Shares of 10p each financial
"Description of the financial instrument... Ordinary Shares of 10p each"
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16a
of the Securities Exchange Act of 1934
 
 
 12 June 2026
LLOYDS BANKING GROUP plc
(Translation of registrant's name into English)
 
5th Floor
25 Gresham Street
London
EC2V 7HN
United Kingdom
 
 
(Address of principal executive offices)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
 
Form 20-F..X..     Form 40-F 
 
 
Index to Exhibits
 
 
Item
 
 No. 1 Regulatory News Service Announcement, 12 June 2026
           reDirector/PDMR Shareholding
 
12 June 2026
 
 
LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')
 
 
Monthly Partnership and Matching Shares
This announcement includes details in respect of the monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan ('SIP'), made on 9 June 2026, in respect of those PDMRs who are participants in the SIP.
 
 
ENQUIRIES:
 
Investor Relations
Douglas Radcliffe
Group Investor Relations Director
Email: douglas.radcliffe@lloydsbanking.com
 
Group Corporate Affairs
Matt Smith
Head of Media Relations
Email: matt.smith@lloydsbanking.com
 
+44 (0) 20 7356 1571
 
 
 
 
 
+44 (0) 7788 352 487
 
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Chirantan Barua
2
Reason for the notification
 
a)
Position/status
 
CEO, Insurance, Pensions & Investments
b)
Initial notification / Amendment
 
Initial Notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
 
Lloyds Banking Group plc
b)
LEI
 
549300PPXHEU2JF0AM85
 
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary Shares of 10p each
 
GB0008706128
 
b)
Nature of the transaction
 
Acquisition of Shares under the Group's Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
 
Volume(s)
 
Partnership Shares
GBP00.9906
 
30
Matching Shares
GBP00.0000
45
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
75
 
See 4(c)
e)
Date of the transaction
 
2026-06-09
f)
Place of the transaction
Outside a trading venue
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Kate Cheetham
 
2
Reason for the notification
 
a)
Position/status
 
Chief Legal Officer and Company Secretary
b)
Initial notification / Amendment
 
Initial Notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
 
Lloyds Banking Group plc
b)
LEI
 
549300PPXHEU2JF0AM85
 
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
b)
Nature of the transaction
 
Acquisition of Shares under the Group's Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
 
Volume(s)
 
Partnership Shares
GBP00.9906
 
151
Matching Shares
GBP00.0000
45
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
196
 
See 4(c)
e)
Date of the transaction
 
2026-06-09
f)
Place of the transaction
Outside a trading venue
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Sharon Doherty
 
2
Reason for the notification
 
a)
Position/status
 
Chief People and Places Officer
b)
Initial notification / Amendment
 
Initial Notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
 
Lloyds Banking Group plc
b)
LEI
 
549300PPXHEU2JF0AM85
 
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each

GB0008706128
b)
Nature of the transaction
 
Acquisition of Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
Price(s)
 
Volume(s)
 
Partnership Shares
GBP00.9906
 
152
Matching Shares
GBP00.0000
45
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
197
 
See 4(c)
e)
Date of the transaction
 
2026-06-09
f)
Place of the transaction
Outside a trading venue
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Stephen Shelley
 
2
Reason for the notification
 
a)
Position/status
 
Chief Risk Officer
 
b)
Initial notification / Amendment
 
Initial Notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
Lloyds Banking Group plc
 
b)
LEI
 
549300PPXHEU2JF0AM85
 
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
b)
Nature of the transaction
 
Acquisition of Shares under the Group's Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
 
Volume(s)
 
Partnership Shares
GBP00.9906
 
152
Matching Shares
GBP00.0000
45
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
197
 
See 4(c)
 
e)
Date of the transaction
 
2026-06-09
f)
Place of the transaction
Outside a trading venue
 
  

1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Jasjyot Singh
2
Reason for the notification
 
a)
Position/status
 
CEO, Consumer Relationships
 
b)
Initial notification / Amendment
 
Initial Notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
Lloyds Banking Group plc
 
b)
LEI
 
549300PPXHEU2JF0AM85
 
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
b)
Nature of the transaction
 
 
Acquisition of Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
Price(s)
 
Volume(s)
 
Partnership Shares
GBP00.9906
 
101
Matching Shares
GBP00.0000
45
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
146
 
See 4(c)
 
e)
Date of the transaction
 
2026-06-09
f)
Place of the transaction
Outside a trading venue
 
 
 
1
Details of the person discharging managerial responsibilities / person closely associated
 
a)
Name
 
Andrew Walton
 
2
Reason for the notification
 
a)
Position/status
 
Chief Sustainability Officer and Chief Corporate Affairs Officer
b)
Initial notification / Amendment
 
Initial Notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
Name
Lloyds Banking Group plc
 
b)
LEI
 
549300PPXHEU2JF0AM85
 
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary Shares of 10p each
 
GB0008706128
b)
Nature of the transaction
 
Acquisition of Shares under the Group's Share Incentive Plan.
 
c)
Price(s) and volume(s)
Price(s)
 
Volume(s)
 
Partnership Shares
GBP00.9906
 
30
Matching Shares
GBP00.0000
45
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
75
 
See 4(c)
e)
Date of the transaction
 
2026-06-09
f)
Place of the transaction
Outside a trading venue
 
 
 
 
 
 
Signatures
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
LLOYDS BANKING GROUP plc
 (Registrant)
 
 
 
By: Douglas Radcliffe
Name: Douglas Radcliffe
Title: Group Investor Relations Director
 
 
 
 
 
Date: 12 June 2026

FAQ

What did Lloyds Banking Group (LYG) disclose in this Form 6-K?

Lloyds Banking Group disclosed routine share acquisitions by several senior executives under its Share Incentive Plan. These transactions involve Partnership Shares bought at market price and Matching Shares awarded for free as part of long-term incentive compensation.

Which Lloyds Banking Group (LYG) executives acquired shares in June 2026?

Executives include Chirantan Barua, Kate Cheetham, Sharon Doherty, Stephen Shelley, Jasjyot Singh, and Andrew Walton. Each acquired Partnership Shares and received Matching Shares under the Share Incentive Plan on 9 June 2026 as part of ongoing participation in the scheme.

At what price were Lloyds Banking Group (LYG) Partnership Shares acquired?

Partnership Shares were acquired at a price of GBP0.9906 per share. This price applied across the reported transactions for participating executives under the Share Incentive Plan on 9 June 2026, reflecting the purchase cost for their employee share contributions.

How many shares did Lloyds executive Kate Cheetham acquire under the plan?

Chief Legal Officer and Company Secretary Kate Cheetham acquired 151 Partnership Shares at GBP0.9906 each and received 45 Matching Shares. In total, 196 shares were reported for her transaction under the Share Incentive Plan on 9 June 2026.

What are Matching Shares in the Lloyds Banking Group (LYG) Share Incentive Plan?

Matching Shares are additional shares awarded to executives at a price of GBP0.0000 under the Share Incentive Plan. They are granted alongside purchased Partnership Shares, forming part of the long-term incentive structure rather than an open-market share purchase.

Where were the Lloyds Banking Group (LYG) PDMR transactions carried out?

The transactions were recorded as taking place outside a trading venue. This reflects that the acquisitions and awards occurred within the Group's Share Incentive Plan framework, rather than through typical exchange-based open-market trades in Lloyds Banking Group shares.