• Corporate Event: Lloyds Banking Group plc ("LYG") - Effective Monday, December 14, 2009

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 09-555
      • Notice Date
      • 11 December 2009
      • Effective Date
      • 14 December 2009
    •  Lloyds Banking Group plc (“LYG”) announced a distribution of Rights to holders of Lloyds Banking Group plc Ordinary Shares. The Rights were not registered in the United States and will not be distributed to holders of LYG American Depositary Shares (“ADS’s”). In lieu of the Rights, The Bank of New York Mellon, as the agent for LYG, sold the rights in the home market and will distribute the proceeds of the sale to LYG ADS Holders. The distribution is $1.428602 per ADS (gross rate of $1.448602 - $0.02000 Depositary Fee).

      The ADS record date is November 25, 2009. The payable date is December 18, 2009. The New York Stock Exchange (“NYSE”) has set December 14, 2009 as the ex-distribution date.

      This corporate event will be coordinated with the Options Clearing Corporation.


      For the full text of this advisory, please click here.