Barclays 2007 Annual Report Download - page 235

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3
Financial statements
Barclays PLC Annual Report 2007 233
Notes
aOptions/award granted over Barclays PLC shares.
bOptions/award granted over Barclays Global Investors UK Holdings Limited shares.
cOptions/award granted over Absa Group Limited shares.
dNil cost award.
44 Share-based payments (continued)
2007 2006
Weighted Weighted
average average
remaining Number remaining Number
contractual of options contractual of options
Exercise Price Range life in years outstanding life in years outstanding
Sharesavea
£2.50-£3.49 – 328,822 1 2,177,121
£3.50-£4.49 2 40,371,606 2 59,531,668
£4.50-£5.49 4 33,327,119 4 17,220,043
Sharepurchase a, d 2 3,824,021 3 2,472,304
ESASa, d 3 182,200,170 3 142,359,494
PSPa, d 1 63,162,894 2 42,832,026
BGI EOPb
£6.11-£13.99 4 239,717 5 602,914
£14.00-£20.11 6 285,671 7 771,553
£20.12-£56.94 7 1,059,430 8 1,716,714
£56.95-£95.33 9 5,916,863 9 3,838,000
Absa BEEc
£3.40-£4.89 2 73,152,300 3 73,152,300
AGLSIT c
£3.60-£7.62 7 13,618,000 7 18,778,473
AGLSOTc
£3.40-£4.89 2 946,000 3 4,847,400
AGLESAS c, d 3 37,059 3 37,059
ISOPa
£2.50-£3.49 5 3,965,300 6 11,055,352
£3.50-£4.49 3 1,409,828 4 2,411,828
£4.50-£5.49 5 14,896,227 7 63,746,456
£5.50-£6.49 7 277,096 8 293,096
ESOSa
£2.50-£3.49 4,000 1 45,288
£3.50-£4.49 1 1,418,818 2 1,702,612
Woolwich ESOP a
£2.50-£3.49 2 110,616 3 128,624
£3.50-£4.49 2 429,584 3 571,836
There were no modifications to the share-based payment arrangements in the years 2007, 2006 and 2005. As at 31st December 2007, the total liability
arising from cash-settled share-based payment transactions was £16m (2006: £7m).
At 31st December 2007, 7.5 million (2006: 6.9 million) options were outstanding under the terms of the BGI EOP (which would represent a 8.1% interest
if exercised). Employees in BGI own 5.9% of the shares in Barclays Global Investors UK Holdings Limited (2006: 9.4%). If all the current options were
exercised, £567.6m (2006: £400.5m) would be subscribed. Since the scheme was introduced, options over 20.9 million (2006: 19.3 million) shares have
been exercised, of which 5.0 million are still held by employees and represent a minority interest in the Group.
At 31st December 2007, there were 73.2 million, 13.6 million and 0.9 million options granted over Absa Group Limited shares under the Absa Group
Limited Black Economic Empowerment Transaction, Absa Group Limited Share Incentive Trust and Absa Group Limited Share Ownership Trust
respectively. In aggregate, these options would represent a 13.1% interest in Absa Group Limited if exercised.