barc201503176k1.htm
 
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 17, 2015
 
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- dated 17 March 2015
 
 
 
 




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 17, 2015
 
 
By: /s/ Marie Smith
----------------------
Marie Smith
Assistant Secretary
 
 
 
 
BARCLAYS BANK PLC
(Registrant)



Date: March 17, 2015
By: /s/ Marie Smith
----------------------
Marie Smith
Assistant Secretary

 
 
 
 

 
17 March 2015
 
 
Barclays PLC (the "Company")
 
 
Director/PDMR Shareholding: Disclosure and Transparency Rules 3.1.4R (1)(a)
 
 
 
 
 
1.     The trustees of the Barclays Group (PSP) Employees' Benefit Trust and the Barclays Group (ESAS) Employees' Benefit Trust notified the Company on 16 March 2015 that on 16 March 2015 it had delivered ordinary shares of Barclays PLC with a nominal value of 25p each (the "Shares") to the Directors and Persons Discharging Managerial Responsibilities ("PDMR") of the Company as set out in the table below.  The Shares are delivered:
 
 
(i)         in respect of the quarterly payment of the role based pay component1 of PDMRs' fixed remuneration for the three months to 31 March 2015;
 
 
(ii)        in respect of Share Incentive (Holding Period) Awards made in 2015 (the remaining Shares, after tax liabilities2 were discharged, are now held in a nominee account on behalf of the individuals); and
 
 
(iii)       to satisfy the release of Shares the subject of awards made under the Barclays Group Share Value Plan, the Barclays Group Executive Share Award Scheme and the Joiners Share Value Plan over the last five years3.
 
The market price on the date the Shares were provided was £2.535 per Share and the place of trading was the London Stock Exchange.
 
 
Director/ PDMR
Shares provided to Director/ PDMR
Shares deducted to cover tax liabilities2
Other Shares sold on behalf of Director/PDMR
Balance of Shares held by Director
A Jenkins
1,693,729
796,056
0
       5,059,529
T Morzaria
679,260
319,255
0
797,633
M Harte
147,928
69,527
0
-
R Hoyt
368,344
173,124
0
-
T King
1,855,750
957,014
0
-
R Le Blanc
676,582
317,997
131,031
-
I McDermott Brown
153,063
71,944
8,487
-
J Moulds
46,022
21,631
0
-
M Roemer
240,896
113,226
35,503
-
V Soranno Keating
59,171
27,811
0
-
A Vaswani
581,113
273,128
101,145
-
 
 
 
2.     The Barclays Nominee notified the Company on 16 March 2015 that on 16 March 2015 it sold Shares for the following PDMRs at the prices set out below:
 
 
PDMR
No. of Shares sold
Share price
M Roemer
126,364
£2.53
A Vaswani
681
£2.53
 
 
For further information please contact:
 
Investor Relations
Media Relations
Charlie Rozes
Will Bowen
+44 (0)207 116 5752
+44 (0)203 134 7744
 
 
1Role Based Pay is payable quarterly and is subject to a holding period with restrictions lifting over five years (20% each year).
 
2Tax liabilities on the Shares provided were met in cash and the number of Shares actually received by each individual was reduced by the value required to meet those tax liabilities.
 
3Share Value Plan (SVP) / Joiners Share Value Plan (JSVP)
The SVP was introduced in March 2010.  SVP awards are granted to participants over Shares which may typically be released over a period of three years in equal annual tranches dependent on future service and the plan rules.  Discretionary dividend equivalent payments may also be made to participants on release of a SVP award.  SVP awards are also made to eligible employees for recruitment purposes under schedule 1 to the SVP (JSVP).  Since 2014, the shares released to Directors and PDMRs have been subject to a six-month holding period after release.
 
Executive Share Award Scheme (ESAS)
ESAS is a historical plan and new awards are no longer made under the plan.  ESAS awards were granted to participants in the form of provisional allocations of Shares by an independent trustee.  The ESAS award must normally be held for at least three years.  Subject to the plan rules and trustee discretion, Shares under ESAS awards are typically released after three years, at which point additional bonus Shares are awarded to participants.  If the participant does not withdraw the award Shares until the fifth anniversary of the award date, a further 10% bonus Shares may be released.  Dividend Shares may also be released by the ESAS trustee.  All awards are subject to potential forfeiture.