Barclays PLC - Directors' Shareholdings
24 Março 2000 - 2:44PM
UK Regulatory
RNS Number:9225H
Barclays PLC
24 March 2000
NOTIFICATION OF INTEREST: COMPANIES ACT 1985 s.329
The independent trustee of the Barclays Group (ESAS) Employees' Benefit Trust,
(the "trust") notified the company on 23 March 2000 that they had:
a) on 17 March 2000 released 3,691 ordinary shares to participants in the
Executive Share Award Scheme, of which 1,477 ordinary shares were sold to meet
their tax liabilities. None of the shares were released to a director of
Barclays PLC.
b) on 23 March 2000 released 626,583 ordinary shares in Barclays PLC to
participants in the Executive Share Award Scheme, of which 190,752 ordinary
shares were sold on 23 March 2000 by the trustee on behalf of participants to
meet their tax liabilities. Of these, the following were released to
directors of Barclays PLC:
Director Shares Shares sold on behalf of Shares
released directors to meet tax retained by
to director liability at a price of director
#15.65 per ordinary share
Mr C J Lendrum 3,856 1,544 2,312
Sir Peter Middleton 8,192 3,278 4,914
Mr J S Varley 7,249 2,900 4,349
The trust is a discretionary trust for the benefit of employees and former
employees (and their families) of Barclays Bank PLC and its subsidiaries.
The revised total share interest for each director who has retained shares
released under the Executive Share Award Scheme, following these transactions,
is as follows:
Director Beneficial Holding Non Beneficial Holding
Mr C J Lendrum 38,217 -
Sir Peter Middleton 39,909 17,000
Mr J S Varley 24,813 -
Following these transactions, the trustees of all the Barclays Group
employees' benefit trusts hold a total of 10,649,883 shares in Barclays PLC in
which the following directors of Barclays PLC have an interest as potential
beneficiaries: Sir Peter Middleton, Mr M W Barrett, Mr D P Allvey, Sir Andrew
Large, Mr C J Lendrum and Mr J S Varley.
END
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