13 May 2014
Barclays PLC (the "Company")
Notification of transactions by Director/Person Discharging Managerial Responsibility ("PDMR"): Disclosure and Transparency Rule 3.1.4R (1)(a)
The Company was notified of the following transactions by Directors/PDMRs of the Company:
1. On 12 May 2014 Crawford Gillies notified the Company he had acquired 10,000 ordinary shares of Barclays Bank PLC (the "Shares") at a price of 257.13p per Share on 12 May 2014.
2. On 13 May 2014 the Company was notified that Robert le Blanc had acquired 569,236 Shares at a price of 256.62p per Share on 12 May 2014. The Shares were provided to satisfy an award made by the Company under the Barclays Group Long Term Incentive Plan, granted in 2011. Sufficient Shares were sold at the same price to pay applicable withholding tax and other deductions. (Note that, under the terms of the award, 50% of the remaining Shares will be held for an additional 12 months in a nominee account following vesting)[1].
PDMR |
Shares provided to PDMR |
Shares sold on behalf of PDMR to meet tax liabilities * |
Other shares sold on behalf of PDMR |
Robert Le Blanc |
569,236 |
267,542 |
0 |
* Tax liabilities on the shares provided were met in cash and the number of shares actually received by the individual was reduced by the value required to meet those tax liabilities.
For further information please contact:
Investor Relations |
Media Relations |
Charlie Rozes |
Giles Croot |
+44 (0)207 116 5752 |
+44 (0) 207 116 4755
|
[1] For further details on the Barclays LTIP plan, see previous disclosures in the Barclays Annual Reports