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Barclays PLC (BARC)

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Monday 07 March, 2011

Barclays PLC

Director/PDMR Shareholding

RNS Number : 4426C
Barclays PLC
07 March 2011
 



7 March 2011

 

Barclays PLC

 

Director/PDMR Shareholding: Disclosure and Transparency Rules 3.1.4R(1)(a

 

1.     The independent trustee of the Barclays Group (PSP) Employees' Benefit Trust (the "PSP Trust") notified Barclays PLC (the "Company") on 4 March 2011 that on 1 March 2011 it had resolved to release the following ordinary shares of Barclays PLC of nominal value of 25p each (the Shares) under (i) Barclays PLC Performance Share Plan (PSP) awards following the satisfaction of the performance conditions; (ii) Barclays Group Share Value Plan (SVP) awards;  and (iii) Incentive Share Plan (ISP) awards made over the previous five years to the following Directors and Persons Discharging Managerial Responsibility (PDMRs) of the Company.  The market price at the date of release was 318.3 pence per share:

 

Director/

PDMR

PSP/SVP/

ISP

Shares released

to Director/

PDMR

Shares sold on

behalf of  Director/PDMR  to satisfy  withholding  liabilities

 

Share  price at award  (pence)

Shares retained by Director/

PDMR

J del Missier

PSP

23,931

12,205

455

11,726

SVP

1,343,915

685,397

324

658,518

ISP

1,060,138

540,671

252

519,467

RE Diamond Jr

PSP

1,735,480

892,905

6101

842,575

M Harding

PSP

23,931

12,205

455

11,726

SVP

209,780

106,988

324

102,792

A Jenkins

PSP

26,325

13,426

455

12,899

SVP

419,562

213,977

324

205,585

T Kalaris

PSP

23,931

12,313

455

11,618

SVP

617,999

317,961

324

300,038

ISP

208,744

107,399

252

101,345

R Le Blanc

PSP

23,931

12,205

455

11,726

SVP

314,672

160,483

324

154,189

C Lucas

PSP

95,726

48,821

455

46,905

R Ricci

PSP

23,931

9,920

455

14,011

SVP

1,347,841

558,681

324

789,160

ISP

1,060,138

439,428

252

620,710

C Turner

PSP

11,966

6,103

455

5,863

SVP

146,846

74,892

324

71,954

 

1This is a weighted average price as the awards were made over a number of years.

 

 

2.     The independent trustee of the Barclays Group (ESAS) Employees' Benefit Trust (the "ESAS Trust") notified the Company on 4 March 2011 that it had on 1 March 2011 exercised its discretion and released Shares following provisional allocations made during the past five years by the trustee over Shares. The following Shares were released to Directors and PDMRs of the Company. The market price at the date of release was 318.3 pence per share:

 

 

Director/

PDMR

Shares released

to Director/

PDMR

Shares sold on

behalf of  Director/PDMR  to satisfy  withholding  liabilities

 

Share  price at award 2 (pence)

Shares retained by Director/

PDMR

J del Missier

7,926,010

4,042,267

231

3,883,743

RE Diamond Jr

2,613,776

1,344,790

460

1,268,986

M Harding

139,509

71,150

211

68,359

A Jenkins

93,759

47,818

463

45,941

T Kalaris

733,073

377,167

465

355,906

R Le Blanc

168,543

85,958

233

82,585

R Ricci

6,978,421

2,892,557

199

4,085,864

C Turner

137,381

70,066

222

67,315

 

2 This is a weighted average price as the awards were made over a number of years.

 

 

3.      The independent trustee of the ESAS Trust notified the Company on 4 March 2011 that it had on 1 March 2011 granted rights in the form of nil cost options to the Directors and PDMRs of the Company listed below under ESAS to acquire Shares in the Company. The ESAS options are exercisable from grant for two years and are granted over a proportion of the Shares which were provisionally allocated by the trustee under ESAS on 20 March 2008 to the Directors and PDMRs listed below. The share price at the award date was 455.0 pence per share. The market price at the date of grant and exercise was 318.3 pence per share.

 

The number of Shares under option includes an additional number of Shares which have been accrued in respect of dividends received by the trustee from March 2008. The total exercise price payable on any exercise of an ESAS option is £1.

 

Director/

PDMR

Number of shares granted under option to Director /PDMR 

Number of shares under option that has been exercised

Shares sold on

behalf of  Director/PDMR to satisfy  withholding  liabilities

 

Shares retained by Director/

PDMR

M Harding

73,890

-

-

-

R Le Blanc

198,332

-

-

-

C Lucas

46,667

-

-

-

C Turner

26,922

26,922

13,731

13,191

 

 

 

4.      The independent trustee of the Company's employee benefit trust notified the Company on 4 March 2011 that it had on 1 March 2011 acquired Shares which are now held in a nominee account by Appleby Nominees (Jersey) Limited (''Appleby Nominee'') for Directors and PDMRs, as shown in the table below. The shares were purchased at 318.3 pence per share.

 

Director/

PDMR

Shares acquired

for Director/

PDMR

Shares sold on

behalf of  Director/PDMR  to satisfy  withholding  liabilities

 

Shares retained by Director/

PDMR

J del Missier

319,641

163,017

156,624

RE Diamond Jr

565,504

290,952

274,552

M Harding

135,092

68,897

66,195

A Jenkins

282,752

144,204

138,548

T Kalaris

450,306

231,683

218,623

R Le Blanc

194,784

99,340

95,444

C Lucas

113,100

57,681

55,419

R Ricci

311,655

129,181

182,474

C Turner

87,967

44,864

43,103

 

 

 

The revised total shareholding for each Director following these transactions is as follows:

 

Director    

Total Beneficial Holding



RE Diamond Jr     

12,678,784    

C Lucas

290,800

 

 

The 2010 Remuneration Report is available on the website (http://group.barclays.com/Investor-Relations/Investor-news) and provides details of Barclays Remuneration Policy and executive Director awards to which the above transactions relate.

 

-End-

 

For further information please contact:

 

Investor Relations

Media Relations

Stephen Jones

Sarah MacDonald/Gemma Walmsley

+44 (0) 20 7116 5752

+44 (0) 20 7116 4755

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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