Lloyds Banking Group (LYG) legal chief sells 500,000 shares in May 2026

Rhea-AI Filing Summary

Lloyds Banking Group plc reported that Kate Cheetham, its Chief Legal Officer and Company Secretary, sold 500,000 ordinary shares on the London Stock Exchange. The sale took place on 28 May 2026 at a price of 101.244 pence per share.

The shares are ordinary shares of 10 pence each. After this disposal, the company states that Cheetham continues to comply with Lloyds Banking Group’s internal shareholding policy requirements, indicating she still holds sufficient shares under the Group’s rules.

Key Figures

Shares sold: 500,000 shares Sale price: 101.244 pence per share Nominal value: 10 pence per share +1 more

4 metrics

Shares sold 500,000 shares Disposal by PDMR on 28 May 2026

Sale price 101.244 pence per share Sale of ordinary shares on London Stock Exchange

Nominal value 10 pence per share Ordinary shares of Lloyds Banking Group plc

Transaction date 28 May 2026 Date of PDMR share disposal

Key Terms

person discharging managerial responsibilities, Ordinary Shares of 10p each, Disposal of Shares, London Stock Exchange (XLON), +1 more

5 terms

person discharging managerial responsibilities regulatory

"NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR')"

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.

Ordinary Shares of 10p each financial

"Description of the financial instrument, type of instrument | Ordinary Shares of 10p each"

Disposal of Shares financial

"Nature of the transaction | Disposal of Shares"

London Stock Exchange (XLON) market

"Place of the transaction | London Stock Exchange (XLON)"

Aggregated information regulatory

"Aggregated information - Aggregated volume - Price | N/A (single transaction)"

Form 6-K: How Foreign Companies Report to the SEC →

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

 29 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, 29 May 2026

           re: Director/PDMR Shareholding

29 May 2026

LLOYDS BANKING GROUP PLC ('GROUP') - NOTIFICATION OF TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') IN ORDINARY SHARES OF THE GROUP OF 10 PENCE EACH ('SHARES')

Kate Cheetham, a PDMR, sold 500,000 Shares on 28 May 2026 at a price of 101.244 pence per Share. Following this sale of Shares, Kate continues to comply with the Group's shareholding policy requirements.

ENQUIRIES:

Investor Relations

Douglas Radcliffe                                                                   +44 (0) 20 7356 1571

Group Investor Relations Director

Email: douglas.radcliffe@lloydsbanking.com

Group Corporate Affairs

Matt Smith                                                                              +44 (0) 7788 352 487

Head of Media Relations

Email: matt.smith@lloydsbanking.com

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	Kate Cheetham
2	Reason for the notification
a)	Position/status	Chief Legal Officer & 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	Disposal of Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP1.01244	500,000
	d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2026-05-28
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: 29 May 2026

FAQ

What insider transaction did Lloyds Banking Group (LYG) disclose on 29 May 2026?

Lloyds Banking Group disclosed a share sale by a senior executive. Chief Legal Officer and Company Secretary Kate Cheetham sold 500,000 ordinary shares on 28 May 2026 at 101.244 pence per share on the London Stock Exchange.

Who is the Lloyds Banking Group (LYG) executive involved in the May 2026 share sale?

The transaction involves Kate Cheetham. She is Lloyds Banking Group’s Chief Legal Officer and Company Secretary and is classified as a person discharging managerial responsibilities, which requires public disclosure of her share dealings.

How many Lloyds Banking Group (LYG) shares did Kate Cheetham sell and at what price?

Kate Cheetham sold 500,000 ordinary shares at 101.244 pence each. The transaction occurred on 28 May 2026 and was executed on the London Stock Exchange, as reported in the company’s regulatory disclosure.

Does Kate Cheetham still meet Lloyds Banking Group (LYG) shareholding requirements after the sale?

Yes, she continues to meet the Group’s shareholding policy. Lloyds Banking Group states that following the 500,000-share sale, Kate Cheetham remains compliant with its internal shareholding requirements for senior managers.

On which market were the Lloyds Banking Group (LYG) shares sold by Kate Cheetham traded?

The shares were traded on the London Stock Exchange. The disclosure specifies that the 500,000 ordinary shares of 10 pence each were sold on the London Stock Exchange (XLON) on 28 May 2026.

What type of financial instrument did the Lloyds Banking Group (LYG) notification describe?

The notification described ordinary shares of 10 pence each. These ordinary shares of Lloyds Banking Group plc were the instrument involved in the 500,000-share disposal by Chief Legal Officer and Company Secretary Kate Cheetham.