Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 0

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 0
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Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-277578

Prospectus
Supplement to Prospectus dated March 1, 2024

$1,500,000,000 7.625% Fixed Rate Resetting Perpetual Subordinated

Contingent Convertible Securities

Barclays PLC

We, Barclays
PLC (the “Issuer”), are issuing $1,500,000,000 aggregate principal amount of 7.625% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities (the “Securities”). From (and including) the Issue Date (as defined
herein) to (but excluding) September 15, 2035 (such date and each fifth (5th) anniversary thereafter being a “Reset Date”), the interest rate on the Securities will be 7.625% per annum. From (and including) each Reset Date to (but
excluding) the next following Reset Date, the applicable per annum interest rate will be equal to the sum, as determined by the Calculation Agent (as defined herein), of the applicable Mid-Market Swap Rate (as
defined herein) on the relevant Reset Determination Date (as defined herein) and 3.686%, converted to a quarterly rate in accordance with market convention as instructed by the Issuer (rounded to three decimal places, with 0.0005 rounded down). The
interest rate following any Reset Date may be less than the initial interest rate and/or the interest rate that applies immediately prior to such Reset Date. Subject to the conditions described herein, interest, if any, will be payable quarterly in
arrear on March 15, June 15, September 15 and December 15 of each year (each, an “Interest Payment Date”), commencing on June 15, 2025.

We will apply to the London Stock Exchange plc (the “LSE”) for the Securities to be admitted to trading on the LSE’s
International Securities Market (the “ISM”).

The ISM is not a regulated market for the purposes of MiFID II or U.K. MiFIR (each
as defined herein). The ISM is a market designated for professional investors. Securities admitted to trading on the ISM are not admitted to the Official List of the U.K. Financial Conduct Authority (the “FCA”). The LSE has not approved or verified the contents of either this prospectus supplement or the accompanying prospectus