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Lloyds Banking Group (NYSE: LYG) seeks large block share admission

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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
block admission application regulatory
"has made a block admission application to the London Stock Exchange"
ordinary shares of 10p each financial
"for 500,000,000 ordinary shares of 10p each in the capital"
Share Incentive Plan financial
"under the Lloyds Banking Group Share Incentive Plan"
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.
Sharesave Scheme 2017 financial
"the Lloyds Banking Group Sharesave Scheme 2017"
Long Term Incentive Plan 2023 financial
"the Lloyds Banking Group Long Term Incentive Plan 2023"

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
 
 
 26 May 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, 26 May 2026
           re: Block Admission Application
 
 
 
26 May 2026
 
LLOYDS BANKING GROUP PLC - BLOCK ADMISSION APPLICATION
 
Lloyds Banking Group plc (the "Company") has made a block admission application to the London Stock Exchange for 500,000,000 ordinary shares of 10p each in the capital of the Company to be admitted to trading on the Main Market of the London Stock Exchange. These shares will be allotted and issued from time to time pursuant to the Company's obligations under the Lloyds Banking Group Share Incentive Plan, the Lloyds Banking Group Sharesave Scheme 2017, the Lloyds Banking Group Deferred Bonus Plan 2021, the Lloyds Banking Group Long Term Share Plan 2020 and the Lloyds Banking Group Long Term Incentive Plan 2023. These shares will, on issue, rank equally with the existing issued ordinary shares in the capital of the Company. Admission of these shares is expected on 27 May 2026.
 
 
 
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
 
 
 
 
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: 26 May 2026

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.

How many new shares is Lloyds Banking Group (LYG) seeking to admit?

The company is seeking admission for 500,000,000 ordinary shares of 10p each. These shares provide capacity to issue stock over time under several Lloyds Banking Group employee and incentive plans, rather than all being issued immediately on admission.

For what purpose are the new Lloyds Banking Group (LYG) shares intended?

The shares are intended to satisfy obligations under the Lloyds Banking Group Share Incentive Plan, Sharesave Scheme 2017, Deferred Bonus Plan 2021, Long Term Share Plan 2020 and Long Term Incentive Plan 2023, supporting ongoing employee and executive share-based awards.

When is admission of the new Lloyds Banking Group (LYG) shares expected?

Admission of the block of 500,000,000 ordinary shares to trading on the Main Market of the London Stock Exchange is expected on 27 May 2026, following the company’s block admission application as described in the regulatory news announcement.

Will the new Lloyds Banking Group (LYG) shares differ from existing ordinary shares?

The company states that the new ordinary shares, when issued, will rank equally with existing issued ordinary shares. This means they will have the same rights as current ordinary shares in the capital of Lloyds Banking Group.