Lloyds Banking Group (LYG) reports Q4 2025 fixed share awards to CEO and CFO

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that two senior executives received shares under the Group's Fixed Share Award for the fourth quarter of 2025. On 18 December 2025, Group Chief Executive Charlie Nunn acquired 189,614 ordinary shares of 10 pence each and Chief Financial Officer William Chalmers acquired 120,941 ordinary shares. The acquisition price was 96.11 pence per share.

The shares are being held on behalf of the executives and will be released over a three-year period, with one-third of each award released annually on 18 December. These transactions form part of the Group's previously disclosed fixed share-based remuneration arrangements.

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

22 December 2025

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, 22 December 2025

           re: Director/PDMR Shareholding

22 December 2025

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')

This announcement should be read in conjunction with the disclosures in the 2024 Annual Report and Accounts published on 20 February 2025. The 2024 Annual Report and Accounts is available on the 'Financial downloads' page in the 'Investors' section of the Group's website www.lloydsbankinggroup.com.

Fixed Share Awards

This announcement details the number of Shares acquired by PDMRs in respect of the fourth quarter of 2025 under the Group's Fixed Share Award. In this respect, the PDMRs listed in the table below acquired on 18 December 2025, after the settlement of income tax and national insurance contributions, the number of Shares as set out by their name. The acquisition price was 96.11 pence per Share.

The Shares will be held on behalf of the PDMRs and will be released over a three-year period, with one-third being released each year on 18 December.

Name	Net Shares
Charlie Nunn	189,614
William Chalmers	120,941

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	Charlie Nunn
2	Reason for the notification
a)	Position/status	Group Chief Executive
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 - In respect of the fourth quarter of 2025 under the Group's Fixed Share Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		GBP00.9611	189,614
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2025-12-18
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	William Chalmers
2	Reason for the notification
a)	Position/status	Chief Financial 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 - In respect of the fourth quarter of 2025 under the Group's Fixed Share Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		GBP00.9611	120,941
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2025-12-18
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: 22 December 2025

FAQ

What did Lloyds Banking Group (LYG) disclose in this report?

The report discloses share acquisitions by two senior executives under Lloyds Banking Group's Fixed Share Award for the fourth quarter of 2025, including the number of ordinary shares and the acquisition price.

How many Lloyds (LYG) shares did the Group Chief Executive acquire?

Charlie Nunn, the Group Chief Executive, acquired 189,614 ordinary shares of 10 pence each on 18 December 2025 under the Fixed Share Award.

How many Lloyds (LYG) shares did the Chief Financial Officer acquire?

William Chalmers, the Chief Financial Officer, acquired 120,941 ordinary shares of 10 pence each on 18 December 2025 under the Fixed Share Award.

What was the price paid per Lloyds (LYG) share in these executive awards?

The acquisition price for the ordinary shares under the Fixed Share Award was 96.11 pence per share.

How will the Lloyds (LYG) Fixed Share Award shares be released to executives?

The shares acquired under the Fixed Share Award will be held on behalf of the executives and released over a three-year period, with one-third released each year on 18 December.

On which market were the Lloyds (LYG) executive share transactions conducted?

The transactions in ordinary shares for both executives were conducted on the London Stock Exchange (XLON) on 18 December 2025.

What type of instrument was used in the Lloyds (LYG) executive share transactions?

The transactions involved ordinary shares of 10 pence each in Lloyds Banking Group plc, identified by code GB0008706128.