Director/PDMR Shareholding

Released : 27.05.2015 15:30

RNS Number : 3739O
Barclays PLC
27 May 2015
 

 

 

27 May 2015

Barclays PLC (the "Company")

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

1.     The trustees of the Barclays Group (PSP) Employees' Benefit Trust notified the Company on 26 May 2015 that on 26 May 2015 it had delivered ordinary shares of Barclays PLC with a nominal value of 25p each (the "Shares") to the Directors and Persons Discharging Managerial Responsibilities ("PDMR") of the Company as set out in the table below.  The Shares are delivered:

 

(i)         to satisfy the release of Shares the subject of awards made under the Barclays Long Term Incentive Plan (the "Barclays LTIP") 2012-2014 Plan Cycle1.

 

(ii)        to satisfy the release of Shares the subject of awards made under the Barclays Group Share Value Plan over the last three years2.

 

The market price on the date the Shares were provided was £2.66669 pence per Share and the place of trading was the London Stock Exchange.

 

Director/ PDMR

Shares provided to Director/ PDMR

Shares deducted to cover tax liabilities3

Balance of Shares      held by Director

A Jenkins

809,934

 

380,672

 

5,489,046

R Le Blanc

850,394

 

399,686

 

-      

A Sajed

196,047

 

83,071

 

-      

 

 

 

2.     The Barclays Nominee notified the Company on 26 May 2015 that on 26 May 2015 it sold Shares for the following PDMR at a price of £2.68 pence per Share:

 

PDMR

No. of Shares sold

I McDermott Brown

52,871

 

 

The place of trading was the London Stock Exchange.

 

 

For further information please contact:

 

Investor Relations

Media Relations

Kathryn McLeland

Will Bowen

+44 (0)20 7116 4943

+44 (0)203 134 7744

 

 

1 Barclays LTIP

For further details on the Barclays LTIP plan, see previous disclosures in the Barclays Annual Reports.

 

2 Share Value Plan (SVP)

SVP awards are granted to participants over Shares which may typically be released over a period of three years in equal annual tranches dependent on future service and the plan rules.  Discretionary dividend equivalent shares may also be made to participants on release of a SVP award.  Since 2014, the shares released to Directors and PDMRs have been subject to a six-month holding period after release.

 

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

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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