Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 38

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 38
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 certificated notes in the events described under the section entitled        
 “Description of Certain Provisions relating to Debt Securities and Contingent Capital Securities—Special Situations When a Global Security Will Be Terminated” in the accompanying prospectus and, as a result, we are or                          
 would be required to pay Debt Security Additional Amounts (as defined in the accompanying prospectus) with respect to the notes of such series; or (B) we determine that a Tax Event (as defined below) occurred with respect to the notes of such 
 series, on the terms and subject to the conditions set forth below under “Description of Senior Notes—Tax Redemption.”                                                                                                                             |

| Any redemption of notes pursuant to the provisions described herein under “Description of Senior Notes —Tax Redemption” will also be subject to the provisions described under 
 “Description of Senior Notes—Notice of Redemption” and “Description of Senior Notes—Condition to Redemption” below.                                                            |

| Loss Absorption Disqualification Event Redemption | If a Loss Absorption Regulations Event occurs on or after the Issue Date that does, or would be likely to (in the opinion of the Issuer, the PRA or the Relevant U.K. Resolution Authority (as defined in the accompanying prospectus)), result in a     
 Loss Absorption Disqualification Event with respect to any series of the notes, we may, at our option, at any time, redeem the notes of such series, in whole of such series but not in part of such series, at an amount equal to 100% of the principal 
 amount of the notes being redeemed together with accrued but unpaid interest, if any, on the principal amount of the notes to be redeemed to (but excluding) the date fixed for redemption.                                                              |

| “Loss Absorption Disqualification Event” means, in respect of any series of notes, the whole or any part of the                                                                                                                                
 outstanding aggregate principal amount of such series of notes at any time being excluded from or ceasing to count towards the Issuer’s and/or the Group’s own funds and eligible liabilities and/or loss absorbing capacity, in each case for 
 the purposes of, and in accordance with, the relevant Capital Regulations, provided that a Loss Absorption Disqualification Event shall not occur if such whole or part of the outstanding principal                                           |

S-23

| amount of such series of notes is excluded from, or ceases to count towards, such own funds and eligible liabilities and/or loss absorbing capacity due to the remaining maturity of such series of 
 notes being less than the period