Barclays 2008 Annual Report Download - page 318

316 Barclays PLC Annual Report 2008 |Find out more at www.barclays.com/annualreport08
Shareholder information
Dividends on the ordinary shares of Barclays PLC
Barclays PLC has paid dividends on its ordinary shares every year without interruption since its incorporation in 1896.
As announced on 13th October 2008, in the light of the new capital ratios agreed with the FSA and in recognition of the need to maximise capital
resources in the current economic climate, the Board has concluded that it would not be appropriate to pay a final dividend for 2008. The Board intends to
resume dividend payments in the second half of 2009, at which time it is intended to pay dividends quarterly.
The dividends declared for each of the last five years were:
Pence per 25p ordinary share
2008 2007 2006 2005 2004
Interim 11.50 11.50 10.50 9.20 8.25
Final –22.50 20.50 17.40 15.75
Total 11.50 34.00 31.00 26.60 24.00
US Dollars per 25p ordinary share
2008 2007 2006 2005 2004
Interim 0.20 0.23 0.20 0.16 0.15
Final –0.45 0.41 0.31 0.30
Total 0.20 0.68 0.61 0.47 0.45
The gross dividends applicable to an American Depositary Share (ADS)representing four ordinary shares, before deduction of withholding tax,
are as follows:
US Dollars per American Depositary Share
2008 2007 2006 2005 2004
Interim 0.82 0.93 0.80 0.65 0.60
Final –1.78 1.64 1.24 1.20
Total 0.82 2.71 2.44 1.89 1.80
Dividends expressed in Dollars are translated at the Noon Buying Rates in New York City for cable transfers in Pounds Sterling as certified for customs
purposes by the Federal Reserve Bank of New York (the ‘Noon Buying Rate’) for the days on which dividends are paid. No representation is made that
Pounds Sterling amounts have been, or could have been, or could be, converted into Dollars at these rates.
Trading market for ordinary shares of Barclays PLC
The nominal capital of Barclays PLC is divided into 13,996,000,000 ordinary shares of 25p each (ordinary shares)0.4 million Sterling preference shares of
£100 each, 0.4 million US Dollar preference shares of $100 each, 150 million US Dollar preference shares of $0.25 each, 0.4 million Euro preference shares
of ¤100 each, 0.4 million Yen preference shares of ¥10,000 each and 1 million staff shares of £1 each. At the close of business on 31st December 2008,
8,371,830,617 ordinary shares were outstanding.
The principal trading market for Barclays PLC ordinary shares is the London Stock Exchange. Ordinary share listings were also obtained on the Tokyo Stock
Exchange with effect from 1st August 1986 and the New York Stock Exchange (NYSE)with effect from 9th September 1986. During the year, the
Company de-listed from the Tokyo Stock Exchange with effect from 28th June 2008.
Trading on the NYSE is in the form of ADSs under the symbol ‘BCS’.Each ADS represents four ordinary shares and is evidenced by an American
Depositary Receipt (ADR).The ADR depositary is J P Morgan Chase Bank, N.A. Details of trading activity are published in the stock tables of leading
daily newspapers in the US.
There were 926 ADR holders and 1,528 recorded holders of ordinary shares with US addresses at 31st December 2008, whose shareholdings
represented approximately 4.22% of total outstanding ordinary shares on that date. Since certain of the ordinary shares and ADRs were held by brokers or
other nominees, the number of recorded holders in the US may not be representative of the number of beneficial holders or of their country of residence.