Barclays PLC - Directors' Shareholdings
04 Janeiro 1999 - 12:20PM
UK Regulatory
RNS No 6733j
BARCLAYS PLC
4th January 1998
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 31 December 1998 that, with
effect from 30 December 1998, it had resolved to release 75,412 ordinary
shares in Barclays PLC to certain participants in the Group's Executive
Share Award Scheme. None of the participants to whom shares were released
was a director of Barclays PLC. The Trust is a discretionary trust for the
benefit of employees and former employees (and, in each case, their
families) of Barclays Bank PLC and its subsidiaries. Following this
transaction, the trustees of all the Barclays Group employees' benefit
trusts held a total of 8,096,500 shares in Barclays PLC in which the
following directors of Barclays PLC have an interest as potential
beneficiaries: Mr A R F Buxton, Sir Andrew Large, Mr C J Lendrum, Sir Peter
Middleton, Mr O H J Stocken, and Mr J S Varley.
The trustees of the Barclays Qualifying Employee Share Ownership Trust (the
"Quest") notified the Company on 31 December 1998 that they subscribed on 30
December 1998 for a total of 21,970 Barclays PLC ordinary shares at a price
of 1302p per share. Following this transaction, the trustees of the Quest
held a total of 21,970 Barclays PLC ordinary shares in which the following
directors of Barclays PLC had an interest as potential beneficiaries: Mr A R
F Buxton, Sir Andrew Large, Mr C Lendrum, Sir Peter Middleton, Mr O H J
Stocken, and Mr J S Varley. (The Quest is a trust established to distribute
shares to employees of the Barclays Group on the exercise of options granted
under the Barclays PLC 1991 SAYE Share Option Scheme (the "Scheme")).
The trustees of the Quest also notified the Company on 31 December 1998 that
they had transferred 21,970 Barclays PLC ordinary shares to participants in
the Scheme following the exercise of their options. Following this
transaction, each of the directors listed above ceased to have an interest
in such shares.
END
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