Some 700m shares, or another 1%, have been sold by the Government in a little under a month - taking the Government's holding to...
http://www.investegate.co.uk/lloyds-ban ... 00095970T/The Commissioners of Her Majesty's Treasury wrote:Below 6%
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http://www.investegate.co.uk/lloyds-ban ... 00095970T/The Commissioners of Her Majesty's Treasury wrote:Below 6%
ap8889 wrote:...management integrity and competence...
Dod1010 wrote:... but what I cannot understand is that you are all trading on a) what once was and b) what might be.
Gengulphus wrote:...if it continues smoothly at that pace, the government should be completely out of the company around mid-May. A big if, of course!
Snorvey wrote:So do we all pile into Lloyd's in anticipation of the overhang being cleared? Hmmm....
The price is held up by the underlying profitability of the business and the fact that PPI refunds will soon stop. The price has been depressed because of the government selling material quantities of the stock (as well as Brexit uncertainty and low interest rates).UncleEbenezer wrote:Maybe that sentiment is the only thing propping the price up.
johnhemming wrote:The price has been depressed because of the government selling
http://www.investegate.co.uk/lloyds-ban ... 00112631B/Lloyds Banking Group wrote:This TR-1 is being issued by Lloyds Banking Group plc ("the Group") on a voluntary basis... The Group may make further discretionary disclosures if the percentage of voting rights of UKFI in the Group falls below 1% or reaches 0% as a result of further disposals of shares.
7. Threshold(s) that is/are crossed or 0%
reached: vi, vii
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