Director/PDMR Shareholding

RNS Number : 2645C

Barclays PLC

28 August 2008

Barclays PLC

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

On 27 August 2008, Barclays PLC ('the Company') was notified that, following the firm placing, placing and open offer of shares ('the Open Offer') completed by the Company on 22 July 2008 and pursuant to the rules of the Company's share schemes, adjustments have been made to awards and options granted under those schemes to participants in the schemes to take account of the variation of the Company's share capital resulting from the Open Offer on the basis described below. In accordance with the rules of the Company's share schemes, the Company's auditors have confirmed that the adjustments are fair and reasonable and HM Revenue & Customs and the Irish Revenue Commissioners have approved the adjustments to options outstanding under those of the Company's share schemes that have been approved by them.

The adjustments operate so as to increase the number of shares subject to options and awards by a factor of 1.0268 and, in the case of options (other than those exercisable for nil or nominal consideration), to reduce the exercise price per share by a factor of 0.9739. The adjustments to the awards and options held by the Directors of the Company under each scheme are set out below.

1. The Company was notified that options granted under the Barclays Sharesave Scheme ('Sharesave'), a HM Revenue & Customs approved all-employee share plan, over ordinary shares in the capital of the Company had been adjusted for the following Directors:

Director/PDMR	Number of shares under Option before adjustment	Total Number of shares under Option following adjustment	Exercise price following adjustment (whole pence)	Maturity Date

Mr G A Hoffman	2,320	2,382	400	01/11/2008
Mr G A Hoffman	724	743	363	01/11/2010
Mr G A Hoffman	1,138	1,168	397	01/11/2011
Mr G A Hoffman	225	231	432	01/11/2012
Mr G A Hoffman	1,743	1,789	497	01/11/2013
Mr C G Lucas	3,638	3,735	470	01/11/2014
Mr F F Seegers	3,390	3,480	470	01/11/2012
Mr J S Varley	3,638	3,735	470	01/11/2014

2. The independent trustee of the Barclays Group (ESAS) Employees' Benefit Trust (the 'ESAS Trust') notified the Company on 27 August 2008 that it had made adjustments to provisional allocations and options granted by the trustee over the Company's ordinary shares to the following Directors in the Executive Share Award Scheme ('ESAS'):

Director/PDMR	Number of shares under Award/Option before adjustment	Number of shares under Award/Option following adjustment

Mr R E Diamond Jr (a)	6,864,154	7,048,112
Mr G A Hoffman	316,384	324,863
Mr C G Lucas	77,402	79,477
Mr F F Seegers (b)	356,383	285,712
Mr J S Varley	476,234	488,999

3. The independent trustee of the Barclays Group (PSP) Employees' Benefit Trust (the 'PSP Trust') notified the Company on 27 August 2008 that it had made adjustments to provisional allocations made by the trustee over the Company's ordinary shares to the following Directors in the PSP:

Director/PDMR	PSP Award	Shares under initial allocation before adjustment (c)	Shares under initial allocation following adjustment	Maximum number of shares under award before adjustment	Maximum number of shares under award following adjustment

Mr R E Diamond Jr	2006 Award	768,736	789,338	2,306,208	2,368,014
Mr R E Diamond Jr	2007 Award	934,516	959,562	2,803,548	2,878,686
Mr R E Diamond Jr	2008 Award	659,340	677,010	1,978,020	2,031,030
Mr G A Hoffman	2006 Award	96,092	98,668	288,276	296,004
Mr G A Hoffman	2007 Award	85,266	87,552	255,798	262,656
Mr G A Hoffman	2008 Award	137,362	141,044	412,086	423,132
Mr C G Lucas	2007 Award	82,910	85,132	248,730	255,396
Mr C G Lucas	2008 Award	175,824	180,536	527,472	541,608
Mr F F Seegers	2006 Award	157,728	161,956	473,184	485,868
Mr F F Seegers	2007 Award	136,426	140,082	409,278	420,246
Mr F F Seegers	2008 Award	351,648	361,072	1,054,944	1,083,216
Mr J S Varley	2006 Award	153,748	157,868	461,244	473,604
Mr J S Varley	2007 Award	163,710	168,098	491,130	504,294
Mr J S Varley	2008 Award	263,736	270,804	791,208	812,412

4. The Company was notified that options granted under the Barclays Incentive Share Option Plan ('ISOP') over ordinary shares in the capital of the Company had been adjusted for the following Directors:

Director/PDMR	Grant year	Number of shares under Option before adjustment	Number of shares under Option following adjustment	Exercise price following adjustment (whole pence)

Mr R E Diamond Jr	2001	100,000	102,680	520
Mr R E Diamond Jr	2002	120,000	123,216	506
Mr R E Diamond Jr	2003	160,000	164,288	317
Mr R E Diamond Jr	2004	180,000	184,824	467
Mr G A Hoffman	2001	80,000	82,144	520
Mr G A Hoffman	2002	120,000	123,216	506
Mr G A Hoffman	2003	160,000	164,288	317
Mr G A Hoffman	2004	180,000	184,824	467
Mr J S Varley	2000	240,000	246,431	379
Mr J S Varley	2001	100,000	102,680	520
Mr J S Varley	2002	120,000	123,216	506
Mr J S Varley	2003	160,000	164,288	317
Mr J S Varley	2004	300,000	308,040	467

Note:

The number of shares held by Mr R E Diamond Jr includes his award under the Retained Incentive Opportunity.
The number of shares held by Mr F F Seegers following the adjustment has been reduced to reflect that 80,221 shares were released to him on 30 June 2008.
Under PSP, awards are granted as a provisional allocation and do not give rise to any entitlement to the shares. At the third anniversary, shares may be released by the trustee subject to performance conditions being satisfied.
Price adjustments have not been made for ESAS or PSP awards where the exercise price is nil or nominal consideration.