Barclays PLC Director/PDMR Shareholding (1328L)
July 01 2014 - 10:06AM
UK Regulatory
TIDMBARC
RNS Number : 1328L
Barclays PLC
01 July 2014
1 July 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 30 June 2014. Role
Based Pay is payable quarterly (but see note 1 below) and is
subject to a holding period with restrictions lifting over five
years (20% each year).
Role Based Pay is a new 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 reinvestment of the interim dividend for the quarter
ending 31 March 2014 in Shares (the "Reinvestment 1") on behalf of
PDMRs by an independent nominee, the Barclays Corporate Nominee
Arrangement (previously Appleby Nominees), was notified to the
Company on 30 June 2014.
3. The reinvestment of the interim dividend for the quarter
ending 31 March 2014 in Shares by the trustee of the Barclays Group
Sharepurchase Plan (the "Reinvestment 2"), an HM Revenue and
Customs approved all employee share plan, was notified to the
Company on 1 July 2014.
The number of shares received by PDMRs is as follows:
Directors Shares held Date of Shares allocated Price per Shares deducted Balance
before the transaction to PDMR(2) Share to cover of Shares
transaction allocated tax liabilities(2) held
on Role
Based Pay
----------------------- ----------------------- ------------ ----------------------------- ------------ ------------------------------ -----------------------
Directors A B C A+B-C
----------------------- ----------------------- ------------ ----------------------------- ------------ ------------------------------ -----------------------
A Jenkins(1)
* Role Based Pay 3,935,310 30.06.14 221,197 GBP2.1474 103,963 4,052,544
----------------------- ----------------------- ------------ ----------------------------- ------------ ------------------------------ -----------------------
T Morzaria(1)
* Role Based Pay 255,722 30.06.14 174,629 GBP2.1474 82,076 349,324
27.06.14 1,049 GBP2.3400 -
* Reinvestment 1
----------------------- ----------------------- ------------ ----------------------------- ------------ ------------------------------ -----------------------
Other PDMRs Date of Shares allocated Price per Shares deducted
transaction to PDMR(2) Share to cover
allocated tax liabilities(2)
on Role
Based Pay
------------------------ -------------- ----------------------------- ------------- ------------------------------
R le Blanc
* Role Based Pay 30.06.14 139,703 GBP2.1474 65,661
27.06.14 2,122 GBP2.3400 -
30.06.14 2 GBP2.3327 -
* Reinvestment 1
* Reinvestment 2
---------------------------------------- ----------------------------- ------------- ------------------------------
I McDermott
Brown
* Role Based Pay 30.06.14 23,283 GBP2.1474 10,944
27.06.14 210 GBP2.3400 -
* Reinvestment 1
---------------------------------------- ----------------------------- ------------- ------------------------------
B Hoyt
* Role Based Pay 30.06.14 69,851 GBP2.1474 32,830
27.06.14 681 GBP2.3400 -
* Reinvestment 1
---------------------------------------- ----------------------------- ------------- ------------------------------
V Soranno Keating
* Role Based Pay 30.06.14 69,851 GBP2.1474 33,075
27.06.14 1,540 GBP2.3400 -
* Reinvestment 1
---------------------------------------- ----------------------------- ------------- ------------------------------
T King
* Role Based Pay 30.06.14 266,723 GBP2.1474 137,550
27.06.14 2,867 GBP2.3400 -
* Reinvestment 1
---------------------------------------- ----------------------------- ------------- ------------------------------
M Roemer
* Role Based Pay 30.06.14 42,686 GBP2.1474 20,063
27.06.14 532 GBP2.3400 -
* Reinvestment 1
---------------------------------------- ----------------------------- ------------- ------------------------------
A Vaswani
* Role Based Pay 30.06.14 69,851 GBP2.1474 32,830
27.06.14 665 GBP2.3400 -
30.06.14 20 GBP2.3327 -
* Reinvestment 1
* Reinvestment 2
---------------------------------------- ----------------------------- ------------- ------------------------------
D West
* Reinvestment 1 27.06.14 490 GBP2.3400 -
------------------------ -------------- ----------------------------- ------------- ------------------------------
(1) Shares allocated toAntony Jenkins and Tushar Mozaria
represent the role based pay component of their fixed remuneration
for the six months ended 30 June 2014, whereas the Shares allocated
to the remaining PDMRs represent the role based pay component of
their fixed remuneration for the three months to 30 June 2014.
(2) 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.
For further information please contact:
Investor Relations Media Relations
Charlie Rozes Giles Croot
+44 (0) 207 116 5752 +44 (0) 207 116 4755
This information is provided by RNS
The company news service from the London Stock Exchange
END
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