BN 05/12 06:01 *LLOYDS: U.K. GOVERNMENT STAKE DROPS BELOW 20%
Lloyds Says U.K. Government Stake Drops Below 20%
2015-05-12 06:05:55.35 GMT
By Chris Malpass
(Bloomberg) -- Lloyds says govt stake drops to 19.93% or
14.22b shares.
* Govt stake before sale announced today was 20.95% or 14.96b
shares
* NOTE: Govt on March 26 reduced stake to 21.9%, taking total
sold under a trading plan started in December to more than
GBP1.5b. At previous disposal on March 9, govt raised
GBP500m, cutting stake to 22.98%.
Statement
For Related News and Information:
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To contact the reporter on this story:
Chris Malpass in Berlin at +49-30-70010-6234 or
cmalpass@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net
Chris Malpass
2015-05-12 06:05:55.35 GMT
By Chris Malpass
(Bloomberg) -- Lloyds says govt stake drops to 19.93% or
14.22b shares.
* Govt stake before sale announced today was 20.95% or 14.96b
shares
* NOTE: Govt on March 26 reduced stake to 21.9%, taking total
sold under a trading plan started in December to more than
GBP1.5b. At previous disposal on March 9, govt raised
GBP500m, cutting stake to 22.98%.
Statement
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Chris Malpass in Berlin at +49-30-70010-6234 or
cmalpass@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net
Chris Malpass