Today sees issue of free bonus shares at a rate of 1:40.

"Lloyds Banking Group plc
Listing of Shares pursuant to a Capitalisation Issue

Application has been made to admit 407,943,501 ordinary shares of 25p each in Lloyds Banking Group plc to the Official List of the UK Listing Authority and to admit such shares to trading on the main market for listed securities of the London Stock Exchange. It is expected that these shares will be admitted to the Official List and to trading on the London Stock Exchange upon allotment pursuant to a capitalisation issue by the Company, the terms of which were announced on 27 February 2009. Such allotment is expected to take place today. These shares, when issued, will rank pari passu in all respects with the existing ordinary shares of the Company, including in respect of the right to receive dividends or distributions made, paid or declared after such shares are admitted to the Official List and to trading on the London Stock Exchange.

Following the completion of the capitalisation issue, the Company will have a total of 16,753,147,366 ordinary shares of 25p each in issue."

has Lloyds finaly kicked out the Gov

Sell Lloyds - value at 96p too high now.

people that have lloyds shares arent going to read this stupid message justyi......doh!

Lloyds Banking Group has dropped after the part-nationalised bank said corporate impairment levels are rising significantly. The group is predicting at least a 50% rise in corporate impairments in 2009, with the commercial property portfolios in the UK and Ireland an area to which HBOS has high exposure particularly vulnerable.

andy hornby kept on buying property last year .........i always wondered if he did it on purpose to bring the halifaX down. no-one else in uk was buying by that stage!

I see RBS is still heaverly invested in toilet seats

Keep on selling Lloyds to 80p. It dropped 5% today.

been like a bear with a sore head

lloyds says avoid justyi, haha

So you are not buying Lloyds now, marni?

no, not any banks, i've gone into mining, oil mainly but selective ones

bought couple of ftse but mainly for divi

I heard Lloyds might be going on a discount rights issue soon

It's on the slide again...88p

Blank's gone then: http://news.bbc.co.uk/1/hi/business/8054136.stm

You are all correct. Weekend FT strongly advise to sell Lloyds and RBS.

Collins Stewart, Panmure Gordon and the Share Centre all have SELL recommendations.

You should check to see how many times they have been correct before!

collins stewart were up for corruption a few years ago!!!!

Well, the whole Labour government is even more corrupted. LOL!

See news below...............

A detailed announcement on the Placing and Open Offer is expected to occur on
20 May 2009 with documents to be posted to shareholders immediately thereafter.
Shareholders who have acquired their shares prior to 8 a.m. on 20 May 2009 (the
"Ex Date") and satisfy certain other eligibility requirements ("Qualifying
Shareholders") will be entitled to participate in the Placing and Open Offer and
will be able to subscribe for 0.6213 new ordinary shares for every ordinary
share already held in the Company prior to the Ex Date at an offer price of
38.43 pence per new ordinary share. Based on this expected timetable, the
record date for calculating open offer entitlements has been set at 13 May 2009.