Director/PDMR Shareholding

RNS Number : 9384Z

Barclays PLC

16 December 2014

 



16 December 2014

Barclays PLC (the "Company")

Notification of transactions by Director/Persons Discharging Managerial Responsibility ("PDMR"): Disclosure and Transparency Rule 3.1.4R (1)(a)

The Company announces the following transactions by PDMRs in the ordinary shares in the Company (the "Shares"):

1.  The allocation of Shares to PDMRs representing payment of the role based pay component ("Role Based Pay") of their fixed remuneration was notified to the Company on 15 December 2014.  Role Based Pay is payable quarterly and is subject to a holding period with restrictions lifting over five years (20% each year). Shares labelled as Role Based Pay in the tables below represent the component of Role Based Pay for the applicable Executive Director or other PDMR for the three months to 31 December 2014.

Role Based Pay is a class of fixed pay introduced to comply with the EU's Capital Requirements Directive IV which requires remuneration provisions to include a maximum ratio between fixed and variable remuneration for a number of senior employees.  A maximum ratio of 1:2 (fixed to variable) was approved by shareholders at the Company's AGM on 24 April 2014.

2.  The release of Shares to Bob Hoyt on 15 December 2014 under the Joiners Share Value Plan ("JSVP"), representing a partial vesting of a buy-out award granted to him in respect of awards he forfeited as a result of accepting employment with Barclays.

3.  The reinvestment of the third interim dividend for the year ended 31 December 2014 in shares (the "Reinvestment") on behalf of PDMRs was notified to the Company on 15 December 2014.

The number of shares received by Directors and Other PDMRs is as follows:

Directors		Shares held before the transaction		Date of transaction	Shares allocated or released to PDMR	Price per Share on date of allocation or release	Shares deducted to cover tax liabilities1	Balance of Shares held
		A			B		C	A+B-C
Non-Executive Directors
Crawford Gillies -  Reinvestment			51,896	12.12.14	214	£2.3387	-	52,110
Diane de Saint Victor - Reinvestment			12,903	12.12.14	11	£2.3387	-	12,914
Frits van Paasschen2 - Reinvestment			10,527	12.12.14	8	$3.72	-	10,535
Sir David Walker - Reinvestment			138,321	12.12.14	430	£2.3387	-	138,751
Executive Directors
A Jenkins3 - Role Based Pay - Reinvestment		4,107,667		15.12.14 12.12.14	102,097 78	£2.3262 £2.3387	47,986	4,161,856
T Morzaria - Role Based Pay		393,846		15.12.14	80,603	£2.3262	37,884	436,565
Other PDMRs	Date of transaction			Shares allocated or released to PDMR	Price per Share on date of allocation or release	Shares deducted to cover tax liabilities1
R le Blanc - Role Based Pay	15.12.14			128,965	£2.3262	60,614
I McDermott Brown - Role Based Pay	15.12.14			21,494	£2.3262	10,103
B Hoyt - Role Based Pay - JSVP	15.12.14 15.12.14			64,482       82,514	£2.3262 £2.3262	30,307        38,782
V Soranno Keating - Role Based Pay	15.12.14			64,482	£2.3262	30,307
T King - Role Based Pay	15.12.14			267,358	£2.3262	137,877
M Roemer - Role Based Pay	15.12.14			48,362	£2.3262	22,731
A Vaswani - Role Based Pay	15.12.14			96,724	£2.3262	45,461
M Harte - Role Based Pay	15.12.14			64,482	£2.3262	30,307

¹    Tax liabilities on the Shares provided were met in cash and the number of Shares actually received by each individual was reduced by an amount equivalent in value as required to meet those tax liabilities.

²    The eight Shares acquired by Frits van Paasschen are in the form of two ADRs each representing four Shares. The price paid per ADR was US $14.87.

³    Includes Shares reinvested by Antony Jenkins' spouse, Amanda Jenkins.

For further information please contact:

Investor Relations	Media Relations
Charlie Rozes	Giles Croot
[phone]	[phone]

 

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