Lloyds Banking Group issues 20.5 million shares for employee plans

INVESTING.COMMay 1, 1:03 PM UTC
Lloyds Banking Group issues 20.5 million shares for employee plans

LONDON - Lloyds Banking Group plc (LSE:LLOY) issued 20,518,682 ordinary shares between March 4 and April 30 to satisfy awards under the company’s employee share plans, according to a press release statement.

The shares, each with a nominal value of 10 pence, were allotted from previously authorized but unissued stock under the company’s existing block admissions. The issuances were admitted to trading on the Main Market of the London Stock Exchange under block admissions dated November 27, 2024, May 22, 2025, and November 24, 2025.

Following the issuance, Lloyds Banking Group had 58,497,706,369 ordinary shares in issue as of the close of business on April 30. The company stated that 60,170,408 shares remain unallotted but are subject to block admissions dated May 22, 2025, and November 24, 2025.

The newly issued shares are fully fungible with existing ordinary shares. The company’s Legal Entity Identifier is 549300PPXHEU2JF0AM85, and the shares trade under ISIN GB0008706128.

Lloyds Banking Group previously announced details of its block-listed shares on January 19, which were authorized under the historic UK Listing Rules block listing regime for satisfying share plan awards.

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