Barclays PLC

NOVEMBER 1, 2008 .Barclays Agrees to Sell Big Stake Persian Gulf Investors Could Own 32% Of the Bank Under $11.6 Billion Deal .Under the pact, Barclays agreed to potentially sell as much as a 32% stake to Qatari investors and Sheikh Mansour Bin Zayed Al Nahyan, a member of Abu Dhabi's royal family. The deal bolsters Barclays' cushion against losses, meeting a new government benchmark set as part of the U.K. bank rescue plan.
The new capital will consist of £4.05 billion in convertible notes and £3 billion in instruments resembling preferred shares. Under its plans to raise capital, Sheikh Mansour would get a stake of as much as 16.3% in the bank, Qatar Holding as much as 12.7%, and Challenger Universal Ltd. of Qatar, as much as 2.8% if the investors exercise all their purchase rights. Barclays said that it would consider allowing the investors seats on its board if they were interested. Qatar and Sheikh Mansour each will invest £1.5 billion in securities resembling preferred shares, or so-called Reserve Capital Instruments, which will pay a hefty 14% through 2019. As part of this pact, the investors also will get warrants, offering them the right to £3 billion of Barclays shares. The warrants would have to be exercised for the investors to own as much as a third of the bank.
JULY 23, 2007.BARCLAYS ISSUES SHARES TO CHINA DEVELOPMENT BANK AND TEMASEK Barclays PLC today issued 201.39 million new ordinary shares to ChinaDevelopment Bank and 135.42 million new ordinary shares to TemasekHoldings (Private) Limited pursuant to the unconditional portions of thetransactions announced on 23 July 2007.Barclays announced that China Development Bank is spending €2.2bn (£1.5bn) on a 3.1% stake. It has also agreed to raise its investment to €9.8bn if Barclay's attempt to buy ABN Amro succeeds, could soon own 8% of the UK bank.
Barclays PLC (ADR) Barclays PLC (ADR) NYSE BCS 10.73 -2.88 (-21.16%) 22.45B
Barclays PLC (Public, LON:BARC) 178.90 -26.35 (-12.84%)
Open: 217.00 Mkt Cap: 14.97B P/E: 3.48 Dividend: -
High: 228.00 52Wk High: 611.00 F P/E: - Yield: -
Low: 159.60 52Wk Low: 159.60 Beta: - Shares: 83.70M
Vol: 177.42M Avg Vol: - EPS: 0.51 Inst. Own:
Key Stats & Ratios Quarterly Annual Annual (Jun'08) (2007) (TTM) Net Profit Margin 17.73% 21.69% 18.34% Operating Margin 22.89% 30.12% 24.51% EBITD Margin - - - Return on Average Assets 0.33% 0.46% 0.34% Return on Average Equity 15.04% 20.50% 16.19% Employees 146,600 - -