Director/PDMR Shareholding

RNS Number : 9364P

Barclays PLC

07 October 2013

 



7 October 2013

Barclays PLC

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

On 4 October 2013, Barclays PLC ("the Company") was notified that the following Directors of the Company (and persons connected with them) and PDMRs had, on 4 October 2013, acquired ordinary shares in the Company ("Shares") pursuant to the Company's rights issue (the "Rights Issue") at 185 pence per Share including in respect of the Barclays Global Sharepurchase Plan, the Barclays Sharepurchase Plan and Shares held for or on behalf of the Directors (and / or persons connected with them) and / or PDMRs in nominee accounts.

Director/PDMR	Shares acquired pursuant to the Rights issue
David  Booth	24,461
Tim  Breedon	1,336
Fulvio  Conti	16,166
Simon Fraser	23,349
Antony  Jenkins	613,084
Reuben  Jeffery III	33,162
Dambisa  Moyo	5,563
Frits van Paasschen	500
Sir Michael  Rake	12,111
Diane  de Saint Victor	987
Sir John Sunderland	25,399
Sir David Walker	23,003
Peter Estlin	12,966
Mark Harding	11,301
Shaygan Kheradpir	44,826
Robert  Le Blanc	132,325
Skip McGee*	351,494
Sir Hector Sants	60
Valerie  Soranno Keating	35,518
Ashok Vaswani	9,996

*Skip McGee acquired 1,592 of his ordinary shares in the form of American Depositary Shares ("ADS").  One ADS is equivalent to four ordinary shares of the Company.

On 4 October 2013, the Company was notified that, following the Rights Issue period completed by the Company on 4 October 2013 and pursuant to the rules of the Company's share plans, adjustments had been made to awards and options granted under those plans to participants to take account of the Rights Issue on the basis described below.  In accordance with the rules of certain of the Company's share plans, the Company's auditors have confirmed that the adjustments are fair and reasonable and HM Revenue & Customs have approved the adjustments to options outstanding under those of the Company's share plans 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 1.08254887762 and, in the case of options, to reduce the exercise price per share by a factor of 0.92374581939.  The adjustments to the awards and options held by Directors and PDMRs of the Company under each plan are set out below.

1.     The Company made adjustments to options over Shares granted under the Barclays Group SAYE Share Option Scheme (Sharesave), being an HM Revenue & Customs approved all-employee share plan, including options for the following PDMRs:

PDMR	Number of Shares under Option before adjustment	Number of Shares under Option following adjustment	Exercise price following adjustment (whole pence)
Peter  Estlin	6,250	6,765	133
Ashok Vaswani	6,255	6,771	228

2.     The Company made adjustments to conditional rights granted by it over Shares under the Barclays Group Share Value Plan (SVP), including awards for the following PDMRs:

PDMR	Number of Shares under Award before adjustment	Number of Shares under Award following adjustment
Tom King	750,162	812,087
Irene McDermott Brown	7,402	8,013

3.     The Company made adjustments to options granted over Shares under the Barclays Incentive Share Option Plan (ISOP) in 2004 for the following PDMRs:       

PDMR	Number of Shares under Option before adjustment	Number of Shares under Option following adjustment	Exercise price following adjustment (whole pence)
Mark Harding	82,144	88,924	431
Robert  Le Blanc	184,823	200,079	431

4.      The Company was notified that unvested matching Shares under the Barclays Global Sharepurchase Plan were adjusted by the Company for the following PDMRs:

PDMR	Number of unvested matching Shares under Award before adjustment	Number of unvested matching Shares under Award following adjustment
Skip McGee*	404	436

*Held in the form of ADS

The nominee of the Barclays Nominee notified the Company on 7 October 2013 that on 7 October 2013 it sold ordinary shares of the Company at a price of 272 pence per share for the following PDMR:

PDMR	Shares sold
Ashok Vaswani	48,734

The revised total shareholdings of the Directors following these transactions are as follows:

Director	Beneficial Holding	Non-Beneficial Holding
David Booth	122,310	-
Tim  Breedon	6,679	-
Fulvio  Conti	80,834	-
Simon Fraser	116,744	-
Antony  Jenkins	3,065,602	-
Reuben  Jeffery III*	165,822	-
Dambisa  Moyo	27,814	-
Frits  van Paasschen**	2,500	-
Sir Michael   Rake	60,556	-
Diane  de Saint Victor	4,937	-
Sir John Sunderland	126,997	-
Sir David Walker	115,017	-

*R  Jeffery holds 125,432 of his ordinary shares in the form of ADS.

** F van Paasschen holds his shares in the form of ADS.

 

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