Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 58

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 58
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 consequences to the Group or the holders of notes, which could be material to the rights of the holders of notes and/or the ability of the Issuer to satisfy its obligations under the notes.

There is no restriction on the amount or type of further securities or indebtedness that we or our subsidiaries may issue, incur or guarantee.

Subject to complying with applicable regulatory requirements in respect of the Group’s leverage and capital ratios, there is
no restriction on the amount or type of further securities or indebtedness that we or our

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subsidiaries may issue, incur or guarantee, as the case may be, that rank senior to, or pari passuwith, the notes. The issue or guaranteeing of any such further securities or indebtedness
may reduce the amount recoverable by holders of notes on our liquidation or winding-up and may limit our ability to meet our obligations under the notes. In addition, the notes do not contain any restriction
on the Issuer issuing securities that may have preferential rights to the notes or securities with similar or different provisions to those described herein.

There may not be any active trading market for the notes.

Each series of notes are a new issue of securities and have no established trading market. Although application will be made to have the notes
listed on the NYSE, there can be no assurance that such application will be accepted, that the notes will be admitted, or that an active trading market will develop for each respective series of the notes. Even if an active trading market does
develop, it may not be liquid and may not continue for the term of such notes. In addition, the liquidity and the market prices for the notes can be expected to vary with changes in market and economic conditions, our financial condition and
prospects and other factors that generally influence the market prices of securities. If the secondary market for any series of notes is limited, there may be few buyers for such notes and this may reduce the market price of such notes.

A downgrade of the credit rating assigned by any credit rating agency to the Issuer or to any series of notes could adversely affect the liquidity or market value of such notes. Credit ratings downgrades could occur as a result of, among other causes, changes in the ratings methodologies used by credit rating agencies.

Upon issuance, each series of notes may be rated by credit rating agencies and may in the future be rated by additional credit rating agencies,
although the Issuer is under no obligation to ensure that the notes are rated by any credit rating agency. Credit ratings