Barclays PLC
1 October 2001
1 October 2001
Notification of directors' interests: Companies Act 1985 s.329
1. The independent trustee of the Barclays Group (ESAS) Employees'
Benefit Trust, (the 'trust') notified the Company on 28 September 2001 that it
had on 27 September 2001 exercised its discretion and released 698 ordinary
shares in Barclays PLC to a participant in the Executive Share Award Scheme ('
ESAS'). The participant to whom shares were released is not a director of
Barclays PLC.
2. The independent trustee of the Barclays Group (ESAS) Employees'
Benefit Trust (the 'Trust') notified the Company on 28 September 2001 that it
purchased a total of 43,167 ordinary shares on 25 September at a price of
1734p per share. None of the shares purchased was in respect of an award
made to a director of Barclays PLC.
3. The independent trustee of the Barclays Group (PSP & ESOS)
Trust (the 'PSP & ESOS trust') notified the Company on 28 September 2001 that
it had on 27 September 2001 exercised its discretion and released 3,768
ordinary shares in Barclays PLC to participants who exercised their awards
under the Barclays Group Performance Share Plan ('PSP'). The participant to
whom shares were released is not a director of Barclays PLC.
4. The independent trustee of the Barclays Group (ESAS)
Supplementary Trust (the 'ESAS Supplementary trust') notified the Company on
28 September 2001 that it had on 25 September 2001 purchased a total of 2,094
ordinary shares in Barclays PLC at a price of 1734p per share. None of the
shares purchased was in respect of an award made to a director of Barclays
PLC.
5. The trustee of the Barclays Qualifying Employee Share Ownership
Trust (the 'Quest') notified the Company on 1 October 2001 that it subscribed
for a total of 12,254 Barclays PLC ordinary shares on 1 October 2001 at a
price of 1858p per share. Following this transaction, the trustee of the
Quest held a total of 12,254 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 trustee of the Quest also notified the Company on 1 October 2001 that it
had transferred 12,254 Barclays PLC ordinary shares on 1 October 2001 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.
Following these transactions, the trustees of all the Barclays Group
employees' benefit trusts hold a total of 10,435,860 ordinary shares in
Barclays PLC. Sir Peter Middleton, Mr M W Barrett, Sir Andrew Large, 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.
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