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Barclays PLC — Regulatory Filings 2011
Mar 7, 2011
5250_ffr_2011-03-07_dcaeb068-b266-4506-9c49-993079cc1433.zip
Regulatory Filings
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
March 7, 2011
Barclays PLC and
Barclays Bank PLC
(Names of Registrants)
1 Churchill Place
London E14 5HP
England
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No x
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):
This Report is a joint Report on Form 6-K filed by Barclays PLC and Barclays
Bank PLC. All of the issued ordinary share capital of Barclays Bank PLC is
owned by Barclays PLC.
This Report comprises:
Information given to The London Stock Exchange and furnished pursuant to
General Instruction B to the General Instructions to Form 6-K.
EXHIBIT INDEX
Director/PDMR Shareholding - 7 March 2011
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BARCLAYS PLC
(Registrant)
Date: March 7, 2011
By: /s/ Patrick Gonsalves
Patrick Gonsalves
Deputy Secretary
BARCLAYS BANK PLC
(Registrant)
Date: March 7, 2011
By: /s/ Patrick Gonsalves
Patrick Gonsalves
Joint Secretary
7 March 2011
Barclays PLC
Director/PDMR Shareholding: Disclosure and Transparency Rules 3.1.4R(1)(a
- The independent trustee of the Barclays Group (PSP) Employees' Benefit Trust (the "PSP Trust") notified Barclays PLC (the "Company") on 4 March 2011 that on 1 March 2011 it had resolved to release the following ordinary shares of Barclays PLC of nominal value of 25p each (the Shares) under (i) Barclays PLC Performance Share Plan (PSP) awards following the satisfaction of the performance conditions; (ii) Barclays Group Share Value Plan (SVP) awards; and (iii) Incentive Share Plan (ISP) awards made over the previous five years to the following Directors and Persons Discharging Managerial Responsibility (PDMRs) of the Company. The market price at the date of release was 318.3 pence per share:
| Director/ PDMR | PSP/SVP/ ISP | Shares released to Director/ PDMR | Shares sold on behalf of Director/PDMR to satisfy withholding liabilities | Share price at award (pence) | Shares retained by Director/ PDMR |
|---|---|---|---|---|---|
| J del Missier | PSP | 23,931 | 12,205 | 455 | 11,726 |
| SVP | 1,343,915 | 685,397 | 324 | 658,518 | |
| ISP | 1,060,138 | 540,671 | 252 | 519,467 | |
| RE Diamond Jr | PSP | 1,735,480 | 892,905 | 610 1 | 842,575 |
| M Harding | PSP | 23,931 | 12,205 | 455 | 11,726 |
| SVP | 209,780 | 106,988 | 324 | 102,792 | |
| A Jenkins | PSP | 26,325 | 13,426 | 455 | 12,899 |
| SVP | 419,562 | 213,977 | 324 | 205,585 | |
| T Kalaris | PSP | 23,931 | 12,313 | 455 | 11,618 |
| SVP | 617,999 | 317,961 | 324 | 300,038 | |
| ISP | 208,744 | 107,399 | 252 | 101,345 | |
| R Le Blanc | PSP | 23,931 | 12,205 | 455 | 11,726 |
| SVP | 314,672 | 160,483 | 324 | 154,189 | |
| C Lucas | PSP | 95,726 | 48,821 | 455 | 46,905 |
| R Ricci | PSP | 23,931 | 9,920 | 455 | 14,011 |
| SVP | 1,347,841 | 558,681 | 324 | 789,160 | |
| ISP | 1,060,138 | 439,428 | 252 | 620,710 | |
| C Turner | PSP | 11,966 | 6,103 | 455 | 5,863 |
| SVP | 146,846 | 74,892 | 324 | 71,954 |
1 This is a weighted average price as the awards were made over a number of years.
- The independent trustee of the Barclays Group (ESAS) Employees' Benefit Trust (the "ESAS Trust") notified the Company on 4 March 2011 that it had on 1 March 2011 exercised its discretion and released Shares following provisional allocations made during the past five years by the trustee over Shares. The following Shares were released to Directors and PDMRs of the Company. The market price at the date of release was 318.3 pence per share:
| Director/ PDMR | Shares released to Director/ PDMR | Shares sold on behalf of Director/PDMR to satisfy withholding liabilities | Share price at award 2 (pence) | Shares retained by Director/ PDMR |
|---|---|---|---|---|
| J del Missier | 7,926,010 | 4,042,267 | 231 | 3,883,743 |
| RE Diamond Jr | 2,613,776 | 1,344,790 | 460 | 1,268,986 |
| M Harding | 139,509 | 71,150 | 211 | 68,359 |
| A Jenkins | 93,759 | 47,818 | 463 | 45,941 |
| T Kalaris | 733,073 | 377,167 | 465 | 355,906 |
| R Le Blanc | 168,543 | 85,958 | 233 | 82,585 |
| R Ricci | 6,978,421 | 2,892,557 | 199 | 4,085,864 |
| C Turner | 137,381 | 70,066 | 222 | 67,315 |
2 This is a weighted average price as the awards were made over a number of years.
- The independent trustee of the ESAS Trust notified the Company on 4 March 2011 that it had on 1 March 2011 granted rights in the form of nil cost options to the Directors and PDMRs of the Company listed below under ESAS to acquire Shares in the Company. The ESAS options are exercisable from grant for two years and are granted over a proportion of the Shares which were provisionally allocated by the trustee under ESAS on 20 March 2008 to the Directors and PDMRs listed below. The share price at the award date was 455.0 pence per share. The market price at the date of grant and exercise was 318.3 pence per share.
The number of Shares under option includes an additional number of Shares which have been accrued in respect of dividends received by the trustee from March 2008. The total exercise price payable on any exercise of an ESAS option is £1.
| Director/ PDMR | Number of shares granted under option to Director /PDMR | Number of shares under option that has been exercised | Shares sold on behalf of Director/PDMR to satisfy withholding liabilities | Shares retained by Director/ PDMR |
|---|---|---|---|---|
| M Harding | 73,890 | - | - | - |
| R Le Blanc | 198,332 | - | - | - |
| C Lucas | 46,667 | - | - | - |
| C Turner | 26,922 | 26,922 | 13,731 | 13,191 |
- The independent trustee of the Company's employee benefit trust notified the Company on 4 March 2011 that it had on 1 March 2011 acquired Shares which are now held in a nominee account by Appleby Nominees (Jersey) Limited (''Appleby Nominee'') for Directors and PDMRs, as shown in the table below. The shares were purchased at 318.3 pence per share.
| Director/ PDMR | Shares acquired for Director/ PDMR | Shares sold on behalf of Director/PDMR to satisfy withholding liabilities | Shares retained by Director/ PDMR |
|---|---|---|---|
| J del Missier | 319,641 | 163,017 | 156,624 |
| RE Diamond Jr | 565,504 | 290,952 | 274,552 |
| M Harding | 135,092 | 68,897 | 66,195 |
| A Jenkins | 282,752 | 144,204 | 138,548 |
| T Kalaris | 450,306 | 231,683 | 218,623 |
| R Le Blanc | 194,784 | 99,340 | 95,444 |
| C Lucas | 113,100 | 57,681 | 55,419 |
| R Ricci | 311,655 | 129,181 | 182,474 |
| C Turner | 87,967 | 44,864 | 43,103 |
The revised total shareholding for each Director following these transactions is as follows:
| Director | Total Beneficial Holding |
|---|---|
| RE Diamond Jr | 12,678,784 |
| C Lucas | 290,800 |
The 2010 Remuneration Report is available on the website ( http://group.barclays.com/Investor-Relations/Investor-news ) and provides details of Barclays Remuneration Policy and executive Director awards to which the above transactions relate.
-End-
For further information please contact:
| Investor Relations | Media Relations |
|---|---|
| Stephen Jones | Sarah MacDonald/Gemma Walmsley |
| +44 (0) 20 7116 5752 | +44 (0) 20 7116 4755 |