Lloyds CRO sells 4M shares at about 111p
Lloyds Banking Group’s Chief Risk Officer sold 4 million shares on September 9, 2026 but remains above the group’s shareholding policy threshold.
Rhea-AI Filing Summary
Lloyds Banking Group plc (LYG) reported that Stephen Shelley, Chief Risk Officer and person discharging managerial responsibilities, disposed of ordinary shares on September 9, 2026. He sold 4,000,000 ordinary shares of 10 pence each at an average price of 110.9827 pence (GBP 1.109827) per share on the London Stock Exchange. The transactions comprised 2,518,379 shares at GBP 1.108500 and 1,481,621 shares at GBP 1.00. Following these sales, the company states that Shelley continues to exceed its shareholding policy requirements.
Positive
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Negative
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Key Figures
Total shares sold: 4,000,000 shares
Price and volume leg 1: 2,518,379 shares at GBP 1.108500
Price and volume leg 2: 1,481,621 shares at GBP 1.00
+2 more
5 metrics
Total shares sold
4,000,000 shares
Ordinary shares of 10 pence each sold by Chief Risk Officer on September 9, 2026
Price and volume leg 1
2,518,379 shares at GBP 1.108500
First tranche of the disposal of ordinary shares
Price and volume leg 2
1,481,621 shares at GBP 1.00
Second tranche of the disposal of ordinary shares
Aggregated average price
GBP 1.109827 per share (110.9827 pence)
Average price across 4,000,000 shares sold
Transaction date
September 9, 2026
Date of the reported share disposals
Key Terms
Person Discharging Managerial Responsibilities, PDMR, LEI, Ordinary Shares of 10p each, +1 more
5 terms
Person Discharging Managerial Responsibilities regulatory
"NOTIFICATION OF TRANSACTIONS BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES"
A person discharging managerial responsibilities is an individual who holds a senior role with authority to make or influence a company’s strategic or operational decisions, such as executives, board members, or other top managers. Investors care because these people often have access to confidential information and their buying or selling of company shares must be disclosed—like a referee who knows the score before the crowd, their actions can signal important, non-public insights about a company's prospects.
PDMR regulatory
"transactions by person discharging managerial responsibilities ('PDMR')"
A PDMR (person discharging managerial responsibilities) is an individual who can shape a company’s strategy or finances—typically senior executives, board members, or close advisors with decision-making authority. Investors care because PDMRs often hold material, non‑public information and their buying or selling of shares must be reported; monitoring those disclosures is like watching a ship’s captain to read the likely course and spot possible insider risk.
LEI regulatory
"b) | LEI | 549300PPXHEU2JF0AM85"
A Legal Entity Identifier (LEI) is a unique 20-character code assigned to a company or organization that participates in financial markets, like a corporate passport number. It helps investors and regulators unambiguously identify counterparties across databases and transactions, reducing confusion much like using a vehicle identification number to track a car’s history; clearer identification improves transparency, risk monitoring, and regulatory reporting.
London Stock Exchange (XLON) market
"Place of the transaction | London Stock Exchange (XLON)"
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.
