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Lloyds Banking Group (NYSE: LYG) corrects PDMR 600,000-share disposal

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

Rhea-AI Filing Summary

Lloyds Banking Group plc filed an amended report correcting a previous disclosure about a senior executive’s share sale. The amendment clarifies that CEO, Insurance, Pensions & Investments Chirantan Barua sold 600,000 ordinary shares on 10 March 2026, not 600,00 as originally stated.

The shares of 10p each were disposed of in three trades: 300,000 shares at 99.012p, 200,000 shares at 99.192p and 100,000 shares at 98.1056p, all on the London Stock Exchange. After these sales, the company states that Barua remains on track to meet the Group’s shareholding policy requirements.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 
 
FORM 6-K/A
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16a
of the Securities Exchange Act of 1934
 
 
16 March 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, 16 March 2026
           re: Director/PDMR Shareholding - Replacement
 
 
 
 
 
The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 13 March 2026.
 
Deleting "600,00" and replacing it with "600,000".
 
All other details remain unchanged.
 
The full amended text is shown below.
 
 
13 March 2026
 
LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTIONS BY  PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')
 
 
Chirantan Barua, a PDMR, sold 600,000 Shares on 10 March 2026, as set out below. 
 
Number of Shares sold
 
Price per Share
300,000
99.012p
200,000 
99.192p
100,000
 
98.1056p
 
Following these sales of Shares, Chirantan continues to be on track to achieve compliance with the Group's shareholding policy requirements.
 
ENQUIRIES:
 
Investor Relations
Douglas Radcliffe                                                                    +44 (0) 20 7356 1571
Group Investor Relations Director
Email: douglas.radcliffe@lloydsbanking.com
 
Group Corporate Affairs
Matt Smith                                                                               +44 (0) 7788 352 487
Head of Media Relations
Email: matt.smith@lloydsbanking.com
 
 
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
 
Disposal of Shares
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
GBP00.99012
 
300,000
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
N/A
 
 
 
e)
Date of the transaction
 
2026-03-10
f)
Place of the transaction
London Stock Exchange (XLON)
 
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
 
Disposal of Shares
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
GPB00.99192
 
200,000
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
N/A
 
 
e)
Date of the transaction
 
2026-03-10
f)
Place of the transaction
London Stock Exchange (XLON)
 
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
 
Disposal of Shares
c)
Price(s) and volume(s)
 
 
 
 
 
 
Price(s)
 
Volume(s)
 
 
 
GBP00.981056
 
100,000
 
 
 
 
 
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
N/A
 
 
e)
Date of the transaction
 
2026-03-10
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
 
 
 
 
 
 
 
 
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: 16 March 2026

FAQ

What did Lloyds Banking Group (LYG) correct in this Form 6-K/A?

The amendment corrects a prior disclosure, confirming that PDMR Chirantan Barua sold 600,000 shares, not 600,00. The change is purely numerical, with all other transaction details and dates remaining the same as previously announced.

How many Lloyds Banking Group (LYG) shares did Chirantan Barua sell?

Chirantan Barua sold 600,000 ordinary shares of 10p each in Lloyds Banking Group. The trades occurred on 10 March 2026 in three separate transactions executed on the London Stock Exchange at prices around 99 pence per share.

On what date were the Lloyds Banking Group (LYG) shares sold by the PDMR?

All of Chirantan Barua’s share disposals took place on 10 March 2026. The transactions were executed on the London Stock Exchange and disclosed as disposals of ordinary shares of 10p each in Lloyds Banking Group plc.

What role does Chirantan Barua hold at Lloyds Banking Group (LYG)?

Chirantan Barua is identified as CEO, Insurance, Pensions & Investments at Lloyds Banking Group. In this capacity, he is classified as a person discharging managerial responsibilities, making his share transactions subject to detailed disclosure requirements.

Does the Lloyds Banking Group (LYG) filing mention compliance with shareholding policy?

Yes. The filing states that following these sales, Chirantan Barua remains on track to achieve compliance with Lloyds Banking Group’s shareholding policy requirements, indicating the disposals do not prevent him meeting internal ownership guidelines.

On which market were the Lloyds Banking Group (LYG) shares sold?

The transactions were carried out on the London Stock Exchange (XLON). Each trade involved ordinary shares of 10p in Lloyds Banking Group, with prices recorded in pounds sterling and reported under European PDMR transaction disclosure rules.
Lloyds Banking

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