Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 2

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 2
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 registered form in minimum denominations of $200,000 and in integral multiples of $1,000 in excess thereof.

As described herein, we may, at our option, redeem the Securities, in whole but not in part, on (i) any day falling in the period
commencing on (and including) March 15, 2035 and ending on (and including) the first Reset Date or (ii) any day falling in the period commencing on (and including) the date that is six months before any subsequent Reset Date and ending on (and
including) such Reset Date at 100% of their principal amount, together with any accrued but unpaid interest (which excludes any interest cancelled or deemed cancelled as described herein) to (but excluding) the date fixed for redemption.

As described herein, we may also, at our option, redeem the Securities, in whole but not in part, at any time in the event of a change in
certain U.K. regulatory capital requirements or upon the occurrence of certain tax events as described herein at 100% of their principal amount, together with any accrued but unpaid interest (which excludes any interest cancelled or deemed cancelled
as described herein) to (but excluding) the date fixed for redemption. Additionally, if at any time from the fifth anniversary of the Issue Date (unless otherwise permitted by the PRA (as defined herein)), the outstanding aggregate principal amount
of the Securities is 25% or less of the aggregate principal amount of the Securities originally issued, we may redeem all (but not some only) of the outstanding Securities at a redemption price equal to 100% of their principal amount, together with
any accrued but unpaid interest (which excludes any interest cancelled or deemed cancelled as described herein) to (but excluding) the date fixed for redemption.

Following the occurrence of such changes in certain U.K. regulatory capital requirements or upon the occurrence of certain tax events, we may
also, at our option either substitute all (but not some only) of the Securities for, or vary the terms of the Securities so that they remain or, as appropriate, become, Compliant Securities (as defined herein).

If a Capital Adequacy Trigger Event (as defined herein) occurs, then an Automatic Conversion (as defined herein) will occur on the Conversion Date (as defined herein), at which point all of the Issuer’s obligations under the Securities (other than certain Issuer obligations in connection with the Conversion Shares Offer (as defined herein), if any, which are referred