Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 19

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 19
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petual Securities | The Securities are perpetual securities and have no fixed maturity or fixed redemption date. |

| Price to Public | 100.00%. |

| From (and including) each Reset Date to (but excluding) the next following Reset Date (each such period, a “Reset Period”), the applicable per annum interest rate (the “Subsequent Interest Rate”) will be equal to the sum, as 
 determined by the Calculation Agent, of the applicable Mid-Market Swap Rate (as defined herein, such term subject to the provisions described under “Description of Fixed Rate Resetting Perpetual                               
 Subordinated Contingent Convertible Securities—Determination of Subsequent Interest Rate” below) on the relevant Reset Determination Date and 3.686% (the “Margin”), 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).                                                                                                                              |

| Reset Determination Date | The second Business Day (as defined herein) immediately preceding each Reset Date. |

| Day Count Fraction | Subject to the conditions described herein, interest on the Securities, if any, will be computed and payable as set out under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities—Day Count 
 Fraction” below.                                                                                                                                                                                                                      |

| Mid-Market Swap Rate | “Mid-Market Swap Rate” means, in relation to a Reset Date and the related Reset Determination Date: |

| (i) | the annual U.S. dollar mid-market swap rate with a term of five years                                                                                              
 where the floating leg pays daily compounded Secured Overnight Financing Rate (“SOFR”) annually, which is calculated and published by ICE Benchmark Administration |

S-10

| Limited (or any other person which takes over the administration of that rate) and appearing on the Bloomberg screen page USISSO05 (or such other page as may replace such page on Bloomberg, or                                               
 such other information service as may be nominated or authorized by the person providing or sponsoring the information appearing on such page for purposes of displaying comparable rates) (the “Relevant Screen Page”) at approximately 11:00 
 a.m. (New York time) on the relevant Reset Determination Date, as determined by the Calculation Agent; and                                                                                                                                     |

| (ii) | if the Relevant Screen Page is not available or such swap rate does not appear on the Relevant Screen Page at                                                                                                                                     
 such time on such Reset Determination Date (