Barclays 2009 Annual Report Download - page 261

www.barclays.com/annualreport09 Barclays PLC Annual Report 2009 259
42 Related party transactions and Directors’ remuneration continued
Remuneration of Directors and other Key Management Personnel
Directors, other Key Management
Personnel and connected persons
2009 2008 2007
£m £m £m
Salaries and other short-term benefits 8.6 10.7 23.7
Pension costs 0.7 0.9 1.1
Other long-term benefits 2.5 1.6 9.2
Share-based payments 15.8 11.8 31.7
Employer social security charges on emoluments 2.9 2.7 7.8
30.5 27.7 73.5
b) Disclosure required by the Companies Act 2006
The following information is presented in accordance with the Companies Act 2006:
Directors’ remuneration
2009 2008
£m £m
Aggregate emoluments 8.8 6.0
Gains made on the exercise of share options 8.9 –
Amounts paid under long-term incentive schemes –7.4
17.7 13.4
Actual pension contributions of £18,786 were paid to money purchase schemes on behalf of one Director (2008: £11,745, one Director). Notional pension
contributions to money purchase schemes were £nil (2008: £nil).
As at 31st December 2009, two Directors were accruing retirement benefits under a defined benefit scheme (2008: two Directors).
One Director (Frits Seegers) agreed to waive his fees as non-executive Director of Absa Group Limited and Absa Bank Limited. The fees for 2009 were
ZAR 0.1m (£0.01m). The fees for 2008 were ZAR 0.4m (£0.03m). In both 2008 and 2009 the fees were paid to Barclays.
Directors’ and Officers’ shareholdings and options
The beneficial ownership of the ordinary share capital of Barclays PLC by all Directors and Officers of Barclays PLC (involving 23 persons) and Barclays Bank
PLC (involving 24 persons) at 31st December 2009 amounted 20,000,820 ordinary shares of 25p each (0.18% of the ordinary share capital outstanding)
and 20,008,541 ordinary shares of 25p each (0.18% of the ordinary share capital outstanding), respectively.
Directors and Officers of Barclays PLC held in total (involving 12 persons) at 31st December 2009, options to purchase 3,279,642 Barclays PLC ordinary shares
of 25p each at prices ranging from 255p to 470p under Sharesave and ranging from 317p to 520p under the Incentive Share Option Plan, respectively.