Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 227

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 227
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 Securities Notwithstanding any other provision, and unless otherwise specified in the applicable prospectus supplement, we may redeem the contingent capital securities before their maturity date, if any (and give notice thereof to the holders of the contingent capital securities) only if we have obtained the prior consent of the PRA and/or the Relevant U.K. Resolution Authority (in either case, if such consent is then required by the Capital Regulations) for the redemption of the contingent capital securities. In addition, any redemption of any series of contingent capital securities shall be subject to the additional conditions set out under “—Additional Conditions Relating to Redemption and Repurchase of Contingent Capital Securities” below. Condition to Repurchase of Contingent Capital Securities Unless the applicable prospectus supplement provides otherwise, we or any member of the Group may purchase or otherwise acquire any outstanding contingent capital securities of any series at any price in the open market or otherwise in accordance with the Capital Regulations, and subject to the prior consent of the PRA and/or the Relevant U.K. Resolution Authority (in either case, if such consent is then required by the Capital Regulations) and to applicable law and regulations. In addition, any repurchase of contingent capital securities shall be subject to the additional conditions set out under “—Additional Conditions Relating to Redemption and Repurchase of Contingent Capital Securities” below. We will treat as cancelled and no longer issued and outstanding any contingent capital securities of any series that we purchase beneficially for our own account, other than a purchase in the ordinary course of a business dealing in securities. Unless otherwise specified in the applicable prospectus supplement, you have no right to require us to repurchase the contingent capital securities. Such contingent capital securities will stop bearing interest on the redemption date, even if you do not collect your money. Additional Conditions Relating to Redemption and Repurchase of Contingent Capital Securities Any redemption or repurchase of a particular series of contingent capital securities shall be subject to: (A) one of the following conditions in (1) or (2) below being met, as applicable to such contingent capital securities, in each case, if and to the extent then required by the Capital Regulations:

| (1) | before or at the same time as such redemption or repurchase of the contingent capital securities, we replace                                         
 such contingent capital securities with “own funds instruments” of equal or higher quality at terms that are sustainable for our income capacity; or |

| (2) | we have demonstrated to the satisfaction of the PRA that our “own funds