23 February 2017: LBG award free shares for colleagues

Lloyds Banking Group announced it will award free shares to eligible colleagues as recognition of the Group’s performance last year.

The ‘Colleague Group Ownership Share’ will be £200 worth of shares per colleague.

Accord welcomes the announcement and hopes members do to.

All permanent colleagues employed on 31 December 2016 and continuously employed until the award date are eligible.

Awards for UK and Isle of Man colleagues will be made under the Share Incentive Plan (SIP).

International colleagues are also eligible for an award but the delivery method may be different.

Any comments or queries should go to Ged.Nichols@AccordHQ.org

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