This website is issued by, and is the sole responsibility of, TD Direct Investing (Europe) Limited.
TSB Banking Group Plc Allocation Policy
The offer price has been set at 260 pence per Ordinary Share (the "Offer Price")
All members of the public who have applied for shares in TSB Banking Group Plc, through the Retail Offer, for the minimum of £750 have been allocated 288 shares, equivalent to £748.80.
Those who applied for up to £2,000 of shares should be allocated the full amount, rounded down to the nearest whole share (i.e. applications of £2,000 would receive 769 shares each, corresponding to £1,999.40).
Those that applied for more than £2,000 of shares should receive 769 shares plus 30% of the excess amount, rounded down to the nearest whole share.
Clients who applied in multiple accounts will have their application amounts aggregated and will receive one allocation split across their accounts.
Shares have been allocated to accounts and un-invested cash balances refunded.
Please note the allocation policy was set by TSB Banking Group Plc and not TD Direct Investing.
|Application||Shares allocated||Share value||Refund|
Important events & dates
- The TSB Banking Group plc Offer period closed at 5.00pm on 17 June 2014.
- Conditional dealing commenced at 8am on Friday 20 June 2014.
- Unconditional dealing is due commence from 25 June 2014.
For more information on conditional and unconditional dealing please see our FAQs.
"TSB" and the TSB logo are registered trade marks of TSB Bank plc. Reproduced by kind permission of TSB Bank plc. All rights reserved.
This announcement has been published by TD Direct Investing (Europe) Limited.
The information contained in this announcement must not be transmitted or otherwise sent to any person in the United States, Canada, Australia, Japan or any other territory where to do so would breach applicable laws or regulations. None of TD Direct Investing (Europe) Limited, TSB Banking Group plc (the "Company") and Lloyds accept any responsibility for any contravention of applicable securities laws and regulations by persons as a result of false information provided by such persons.
This announcement is an advertisement and not a prospectus. Investors should not purchase any securities referred to in this announcement except on the basis of information contained in a final form prospectus expected to be published by the Company in due course in connection with the offer by Lloyds of certain ordinary shares in the Company and the admission of the shares in the Company to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange plc's main market for listed securities. Copies of the prospectus will, following publication, be available, free of charge, from the Company's registered office.
This announcement has been prepared and is the sole responsibility of TD Direct Investing (Europe) Limited of Exchange Court, Duncombe Street, Leeds, LS1 4AX, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.
This announcement is not an offer of securities for sale in the United States. The securities to which this announcement relates have not been 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 or an exemption from registration under the Securities Act. There will be no public offering of the securities in the United States.