UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
May 02,
2025
Barclays PLC
(Name
of Registrant)
1 Churchill Place
London E14 5HP
England
(Address
of Principal Executive Office)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover of Form 20-F or Form 40-F.
Form
20-F x Form 40-F
This
Report on Form 6-K is filed by Barclays PLC.
This
Report comprises:
Information
given to The London Stock Exchange and furnished pursuant
to
General
Instruction B to the General Instructions to Form 6-K.
EXHIBIT
INDEX
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Exhibit
No. 1
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Notice of Redemption of Securities dated 02 May 2025
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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BARCLAYS
PLC
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(Registrant)
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Date:
May 02, 2025
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By: /s/
Garth Wright
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Garth
Wright
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Assistant
Secretary
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Exhibit
No. 1
2 May 2025
Barclays PLC
Notice of Redemption and Cancellation of Listing to the Holders
of
£1,000,000,000 7.125% Fixed Rate Resetting Perpetual
Subordinated Contingent Convertible Securities (ISIN: XS1998799792;
Common Code: 199879979) issued on June 13, 2019*
This notice (the "Notice of
Redemption") is in relation to
Barclays PLC's (the "Company") £1,000,000,000 7.125%
Fixed Rate Resetting Perpetual Subordinated Contingent Convertible
Securities (the
"Securities").
The Securities were issued pursuant to the Contingent Convertible
Securities Indenture (the "Base
Indenture"), dated August 14,
2018, between the Company and The Bank of New York Mellon, London
Branch as Trustee (the "Trustee"), and The Bank of New York Mellon SA/NV,
Luxembourg Branch, as the Contingent Convertible Security Registrar
(the "Contingent Convertible Security Registrar"), as further
supplemented by the Third Supplemental Indenture, dated June 13,
2019, between the Company, the Trustee, and the Contingent
Convertible Security Registrar (the "Third Supplemental
Indenture" and, together with
the Base Indenture, the "Indenture"). Capitalised terms used herein and not defined
herein shall have the meanings ascribed to such terms in the
Indenture.
The Company hereby notifies the Holders that it elects to redeem
and will redeem the Securities pursuant
to Section 11.02 of the Base Indenture and Sections 2.04 and 2.07
of the Third Supplemental Indenture. Accordingly, the Company has
requested that the Trustee provide the Notice of Redemption to all
Holders of the Securities.
The outstanding Securities will be redeemed on June 15, 2025 (the
"Redemption
Date") at an amount equal to
100% of their principal amount, together with any accrued but
unpaid interest from, and including, March 15, 2025 to,
but excluding, the Redemption Date (the "Redemption
Price"). The Redemption Date is
not a business day and, as a result, the payment of principal and
interest payable on redemption of the Securities will be made on
June 16, 2025, which is the next succeeding business day.
Accordingly, the listing of the Securities on the London
Stock Exchange's International Securities Market (ISM) will be
cancelled on, or shortly after, June 16, 2025.
The location where Holders may surrender the Securities and obtain
payment of the Redemption Price is The Bank of New York Mellon, 160
Queen Victoria Street, London EC4V 4LA, United Kingdom, Attn:
Corporate Trust Administration, Email: [email protected],
Fax: +44 (0) 20 7964 2536.
On the Redemption Date, the Redemption Price will become due and
payable and interest on the Securities will cease to accrue. Before
the Redemption Date, the Company will irrevocably deposit with the
Trustee or with a Paying Agent an amount of money sufficient to pay
the total Redemption Price of each of the Securities. When the
Company makes such a deposit, all rights of Holders of the
Securities will cease, except the Holders' rights to receive the
Redemption Price, but without interest, and the Securities will no
longer be outstanding.
Should any Holder of the Securities have
any queries in relation to this Notice of Redemption please
contact:
Barclays Debt Investor Relations
Barclays PLC
1 Churchill Place
London E14 5HP
United Kingdom
+44 20 7116 1000
*This CUSIP number has been assigned to this issue by a
third-party, and is included solely for the convenience of the
Holders of the Securities. Neither Barclays PLC nor the
Trustee shall be responsible for the selection or use of this CUSIP
number, nor is any representation made as to its correctness on
the Securities or as indicated in any redemption
notice.