Barclays PLC Director/PDMR Shareholding (1328L)

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 
 [phone]   [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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