Lloyds Banking Group (NYSE: LYG) seeks large block share admission
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Lloyds Banking Group plc has applied to the London Stock Exchange for a block admission of 500,000,000 ordinary shares of 10p each to trade on the Main Market. The shares will be issued over time to meet obligations under the group’s employee and incentive share plans and, when issued, will rank equally with existing ordinary shares. Admission of these shares is expected on 27 May 2026.
Positive
- None.
Negative
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Key Figures
Block admission size: 500,000,000 shares
Nominal value per share: 10p per share
Expected admission date: 27 May 2026
+1 more
4 metrics
Block admission size
500,000,000 shares
Ordinary shares to be admitted to LSE Main Market
Nominal value per share
10p per share
Ordinary shares in the capital of the Company
Expected admission date
27 May 2026
Admission of block admission shares
Number of share plans covered
5 plans
Company share incentive and long-term plans named in announcement
Key Terms
block admission application, ordinary shares of 10p each, Share Incentive Plan, Sharesave Scheme 2017, +1 more
5 terms
block admission application regulatory
"has made a block admission application to the London Stock Exchange"
Long Term Incentive Plan 2023 financial
"the Lloyds Banking Group Long Term Incentive Plan 2023"
FAQ
What did Lloyds Banking Group (LYG) announce in this Form 6-K?
Lloyds Banking Group applied for a block admission of 500,000,000 ordinary shares of 10p each to be admitted to trading on the London Stock Exchange’s Main Market, mainly to satisfy obligations under its various employee and incentive share plans.