Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 117

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 117
---
 the number of Conversion Shares thus calculated multiplied by a fraction equal to the aggregate amount of the Tradable Amount of the book-entry interests in the Securities held by such holder
on the Conversion Date divided by the aggregate amount of the Tradable Amount of the book-entry interests of all Securities outstanding immediately prior to the Automatic Conversion on the Conversion Date rounded down, if necessary, to the nearest
whole number of Conversion Shares.

The Conversion Shares issued following an Automatic Conversion will be fully paid and non-assessable and will in all respects rank pari passuwith our fully paid ordinary shares in issue on the Conversion Date, except in any such case for any right excluded by mandatory provisions of
applicable law, and except that the Conversion Shares so issued will not rank for (or, as the case may be, the relevant holder shall not be entitled to receive) any rights, the entitlement to which falls prior to the Conversion Date.

S-72

If a Qualifying Takeover Event shall have occurred, then, where the Conversion Date falls on
or after the QTE Effective Date, Approved Entity Shares of the Approved Entity shall be issued to the Conversion Shares Depository on the Conversion Date instead of Conversion Shares (see “—Anti-Dilution—Qualifying Takeover Event” below).

The Conversion Shares or the Conversion Shares Offer Consideration, as the case may be, will be delivered to
holders of the Securities pursuant to the procedures set forth in “—Settlement Procedure” below.

Conversion Shares Offer

No later than ten (10) Business Days following the Conversion Date, the Issuer may, in its sole and absolute discretion,
elect that the Conversion Shares Depository make an offer of all or some of the Conversion Shares to all or some of the Issuer’s ordinary shareholders at such time at a cash price per Conversion Share equal to the Conversion Shares Offer Price,
subject as provided below (the “Conversion Shares Offer”). The Issuer may, on behalf of the Conversion Shares Depository, appoint a Conversion Shares Offer Agent to act as placement or other agent to facilitate the Conversion Shares Offer.
The Issuer will deliver a Conversion Shares Offer Notice to the Trustee directly and to the holders of the Securities through DTC within ten (10) Business Days following the Conversion Date specifying whether or not it has elected that a
Conversion Shares Offer be conducted. If so elected, the Conversion Shares Offer Period, during which the Conversion Shares Offer may be made, shall end no later than forty (40) Business Days after the delivery of the Conversion Shares Offer
Notice