Barclays PLC
03 December 2002
3 December 2002
Notification of directors' interests: Companies Act 1985 s.329
1. The trustees of the Barclays Qualifying Employee Share Ownership Trust
(the 'Quest') notified the Company on 3 December 2002 that they subscribed for a
total of 189,229 Barclays PLC ordinary shares on 3 December 2002 at a price of
420.5p per share. Following this transaction, the trustees of the Quest held a
total of 189,229 Barclays PLC ordinary shares in which the following directors
of Barclays PLC had an interest as potential beneficiaries: Sir Peter Middleton,
Mr M W Barrett, Mr C J Lendrum, Mr J M Stewart and Mr J S Varley. (The Quest is
a trust which distributes shares to employees of the Barclays Group on the
exercise of options granted under the Barclays PLC 1991 SAYE Share Option
Scheme, the Barclays Group SAYE Share Option Scheme and the Woolwich PLC
Sharesave Scheme (the 'Schemes').)
The trustees of the Quest also notified the Company on 3 December 2002 that they
had transferred 189,229 Barclays PLC ordinary shares on 3 December 2002 to
participants in the Schemes following the exercise of their options. Following
this transaction, each of the directors listed above ceased to have an interest
in such shares.
2. The independent trustee of the Barclays Group (ESAS) Trust (the 'trust')
notified the Company on 3 December 2002 that it had on 29 November 2002
purchased a total of 374,458 ordinary shares in Barclays PLC at a price of
463.85p per share and on 2 December 2002 had purchased a total of 325,110
ordinary shares in Barclays PLC at a price of 473.37p per share. None of
the shares purchased were in respect of an award made to a director of
Barclays PLC.
3. The independent trustee of the Barclays Group (ESAS) Supplementary Trust(the
'ESAS Supplementary trust') notified the Company on 3 December 2002 that it
had on 29 November 2002 purchased a total of 51,906 ordinary shares in
Barclays PLC at a price of 438.53p per share. None of these shares were
released to directors of Barclays PLC.
4. The independent trustee of the Barclays Group (PSP & ESOS) Supplementary
Trust (the 'PSP & ESOS Supplementary trust') notified the Company on 3
December 2002 that it had on 29 November 2002 exercised its discretion and
purchased 1,442 ordinary shares in Barclays PLC at a price of 463.85p per
share. None of the shares purchased were in respect of an award made to a
director of Barclays PLC.
Following these transactions, the trustees of all the Barclays Group employees'
benefit trusts hold a total of 71,147,802 ordinary shares in Barclays PLC. Sir
Peter Middleton, Mr M W Barrett, Mr C J Lendrum, Mr J M Stewart and Mr J S
Varley, directors of Barclays PLC, are amongst the potential beneficiaries under
these trusts and are therefore regarded for Companies Act purposes as being
interested in the Barclays PLC ordinary shares held in them.
This information is provided by RNS
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