RNS Number : 1845E
Lloyds Banking Group PLC
16 December 2009
16 December 2009
Repurchase and Cancellation of Preference Shares
As described in its previous announcement on 11 December 2009, Lloyds Banking
Group plc ("Lloyds Banking Group") has now settled the exchanges described
below. On 15 December 2009, Lloyds Banking Group repurchased for cancellation
(i) 301,900 preference shares (representing U.S.$301,900,000 in liquidation
preference) of its U.S.$750,000,000 6.413 per cent. Non-Cumulative Fixed to
Floating Rate Preference Shares (ISIN: GB00B3KSBH82) leaving 448,100 preference
shares (representing U.S.$448,100,000 in liquidation preference) outstanding;
(ii) 178,922 preference shares (representing U.S.$178,922,000 in liquidation
preference) of its U.S.$750,000,000 5.92 per cent. Non-Cumulative Fixed to
Floating Rate Preference Shares (ISIN: GB00B3KSBJ07) leaving 571,078 preference
shares (representing U.S.$571,078,000 in liquidation preference) outstanding;
(iii) 221,292 preference shares (representing U.S.$221,292,000 in liquidation
preference) of its U.S.$750,000,000 6.657 per cent. Non-Cumulative Fixed to
Floating Rate Preference Shares (ISIN: GB00B3KSBK12) leaving 528,708 preference
shares (representing U.S.$528,708,000 in liquidation preference) outstanding;
and (iv) 356,648 preference shares (representing U.S.$356,648,000 in
liquidation preference) of its U.S.$1,000,000,000 6.267 per cent.
Non-Cumulative Fixed to Floating Rate Preference Shares (ISIN: XS0460002693)
leaving 643,352 preference shares (representing U.S.$643,352,000 in liquidation
preference) outstanding.
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For further information:
Investor Relations
Michael Oliver
+44 (0) 20 7356 2167
Director of Investor Relations
Email: michael.oliver@ltsb-finance.co.uk
Moira d'Arcy
+44 (0) 20 7356 2164
Head of Debt Investor Relations
Email: moira.d'arcy@ltsb-finance.co.uk
Media Relations
Sara Evans
+44 (0) 20 7356 2075
Media Relations Manager
Email: sara.evans2@lloydstsb.co.uk
This announcement and the information contained herein do not contain or
constitute an offer for sale or the solicitation of an offer to purchase
securities in the United States. The ECNs referred to herein have not been and
will not be registered under the US Securities Act of 1933, as amended (the
"Securities Act"), and may not be offered or sold in the United States absent
registration under the Securities Act or an available exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act. There will be no public offer of ECNs in the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
END
Repurchase and Cancellation of Preference Shares
| Source: Bank of Scotland