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Lloyds Banking Group PLC CEO António Horta-Osório sold about £3.5 million worth of shares in the lender to CFO William Chalmers.
Horta-Osório sold 6,750,000 shares at an average price per share of 52.76 pence.
The transaction took place Aug. 1, leaving Horta-Osório with 21,237,854 shares in the bank.