SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
 
19 September 2014


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.....
 
 
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes .....      No ..X..
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): 82- ________
 
 
Index to Exhibits

 

 
 
19 September 2014
 
 
TOBY STRAUSS EXERCISES OPTION TO ACQUIRE SHARES IN LLOYDS BANKING GROUP PLC ("GROUP")
 
On 18 September 2014, the Group was notified that Toby Strauss, a person discharging managerial responsibilities, had acquired 951,353 ordinary shares of 10 pence each in the Group (the "Shares") following the exercise on the same day of a share buy out award for nil consideration. The details of the share buy out award were announced in October 2011 at the time of the award. Mr Strauss retained all the Shares apart from 448,391 Shares which were sold at a price of 75.77 pence per Share to meet income tax and national insurance contributions.
 
This disclosure is made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4. The transaction took place in the UK and the Shares are listed on the London Stock Exchange.
 
ENQUIRIES:
 
Investor Relations
Douglas Radcliffe                                                                 +44 (0) 20 7356 1571
Head of Operations & Reporting
 
Group Corporate Affairs
Matt Smith                                                                            +44 (0) 20 7356 3522
Head of Corporate Media
 

 
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: Charles King
                                                                                                                                                 Name: Charles King
 
                                     Title: Investor Relations Director
                                                                                      
                                           
                                                                                                                                                                                       
Date: 19 September 2014