Lloyds execs buy shares at GBP1.121 in incentive plan

Several senior Lloyds Banking Group executives acquired ordinary shares under the Share Incentive Plan through monthly Partnership and Matching Share awards.

Rhea-AI Filing Summary

Lloyds Banking Group plc (LYG) reported routine equity acquisitions by several persons discharging managerial responsibilities under its Share Incentive Plan on September 9, 2026. Executives acquired ordinary shares of 10 pence each through monthly Partnership Share purchases at GBP1.121 per share and received additional Matching Shares for no consideration.

Named participants include senior leaders such as the CEO, Wealth & Insurance; the Chief Legal Officer and Company Secretary; the Chief People and Places Officer; the CEO, Business & Commercial Banking; the Chief Risk Officer; the CEO, Consumer; and the Chief Sustainability Officer and Chief Corporate Affairs Officer.

Key Figures

Partnership Share price: GBP1.121 per share Matching Share consideration: GBP0.000 per share Shares acquired by Chirantan Barua: 66 shares +3 more

6 metrics

Partnership Share price GBP1.121 per share Purchase price for Partnership Shares under the Share Incentive Plan on September 9, 2026

Matching Share consideration GBP0.000 per share Consideration for Matching Shares awarded under the Share Incentive Plan

Shares acquired by Chirantan Barua 66 shares 27 Partnership Shares and 39 Matching Shares on September 9, 2026

Shares acquired by Kate Cheetham 174 shares 134 Partnership Shares and 40 Matching Shares on September 9, 2026

Shares acquired by Sharon Doherty 173 shares 133 Partnership Shares and 40 Matching Shares on September 9, 2026

Shares acquired by Jasjyot Singh 129 shares 89 Partnership Shares and 40 Matching Shares on September 9, 2026

Key Terms

Share Incentive Plan, Partnership Shares, Matching Shares, persons discharging managerial responsibilities

4 terms

Share Incentive Plan financial

"monthly acquisition of Partnership Shares and award of Matching Shares under the Group's 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.

Partnership Shares financial

"monthly acquisition of Partnership Shares and award of Matching Shares"

Matching Shares financial

"monthly acquisition of Partnership Shares and award of Matching Shares"

persons discharging managerial responsibilities regulatory

"NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES"

Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.

FAQ

What did Lloyds Banking Group plc (LYG) disclose in this Form 6-K?

It disclosed monthly acquisitions of ordinary shares on September 9, 2026 by several senior executives under Lloyds Banking Group’s Share Incentive Plan, including purchases of Partnership Shares at GBP1.121 per share and awards of Matching Shares at no cost.

Which Lloyds (LYG) executives acquired shares under the Share Incentive Plan?

Participants included Chirantan Barua (CEO, Wealth & Insurance), Kate Cheetham (Chief Legal Officer and Company Secretary), Sharon Doherty (Chief People and Places Officer), Amanda Murphy (CEO, Business & Commercial Banking), Stephen Shelley (Chief Risk Officer), Jasjyot Singh (CEO, Consumer), and Andrew Walton (Chief Sustainability Officer and Chief Corporate Affairs Officer).

At what price were Lloyds (LYG) Partnership Shares acquired in the SIP?

Partnership Shares were acquired at a price of GBP1.121 per share for all listed participants under the Share Incentive Plan. Matching Shares were awarded at GBP0.000 consideration, meaning participants did not pay for those shares.

How many Lloyds (LYG) shares did Kate Cheetham acquire in total?

Kate Cheetham acquired 174 ordinary shares in total on September 9, 2026, consisting of 134 Partnership Shares at GBP1.121 each and 40 Matching Shares awarded for no consideration under the Share Incentive Plan.

On what date did the reported Lloyds (LYG) PDMR transactions occur?

All reported transactions occurred on September 9, 2026. The Form 6-K and related Regulatory News Service announcement are dated September 11, 2026, when Lloyds Banking Group reported these Share Incentive Plan acquisitions.

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Available on EDGAR 09/11/2026 - 09:56 AM Accepted by SEC EDGAR 09/11/2026 - 09:55 AM Learn about SEC filing dates

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

 11 September 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, 11 September 2026

           re: Director/PDMR Shareholding

11 September 2026

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')

Monthly Partnership and Matching Shares

This announcement includes details in respect of the monthly acquisition of Partnership Shares and award of Matching Shares under the Group's Share Incentive Plan ('SIP'), made on 9 September 2026, in respect of those PDMRs who are participants in the SIP.

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	Chirantan Barua
2	Reason for the notification
a)	Position/status	CEO, Wealth & Insurance
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 under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP1.121	27
	Matching Shares		GBP00.000	39
	d)	Aggregated information - Aggregated volume - Price	66 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kate Cheetham
2	Reason for the notification
a)	Position/status	Chief Legal Officer and Company Secretary
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 under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP1.121	134
	Matching Shares		GBP00.000	40
	d)	Aggregated information - Aggregated volume - Price	174 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sharon Doherty
2	Reason for the notification
a)	Position/status	Chief People and Places 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 under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP1.121	133
	Matching Shares		GBP00.000	40
	d)	Aggregated information - Aggregated volume - Price	173 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Murphy
2	Reason for the notification
a)	Position/status	CEO, Business & Commercial Banking
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 under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)		Volume(s)
	Partnership Shares		GBP1.121		134
	Matching Shares		GBP00.000		40
	d)	Aggregated information - Aggregated volume - Price	174 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Shelley
2	Reason for the notification
a)	Position/status	Chief Risk 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 under the Group's Share Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP1.121	134
	Matching Shares		GBP00.000	40
	d)	Aggregated information - Aggregated volume - Price	174 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jasjyot Singh
2	Reason for the notification
a)	Position/status	CEO, Consumer
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 under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP1.121	89
	Matching Shares		GBP00.000	40
	d)	Aggregated information - Aggregated volume - Price	129 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Walton
2	Reason for the notification
a)	Position/status	Chief Sustainability Officer and Chief Corporate Affairs 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 under the Group's Share Incentive Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Partnership Shares		GBP1.121	27
	Matching Shares		GBP00.000	39
	d)	Aggregated information - Aggregated volume - Price	66 See 4(c)
e)	Date of the transaction	2026-09-09
f)	Place of the transaction	Outside a trading venue

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: 11 September 2026