Jenkins puts £1m in bank

Tim Wallace
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BARCLAYS chief Antony Jenkins bought another £1.1m of shares in the bank’s rights issue, the lender announced yesterday.

The bank raised £5.8bn in the capital-raising round, with each existing shareholder offered the right to buy one new share at 185p for each four shares they already owned.

Jenkins took advantage with a purchase of 613,084 shares, paying a total of £1.13m. At closing price last night they are now worth £1.67m.

Of the bank’s other directors, the next biggest investment came from US boss Skip McGee who bought 351,494 at a cost of £650,000.

Third in line was risk boss Robert Le Blanc with 132,325 new shares.