Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 615

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 615
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 Contingent Convertible Securities1             |              2030 |  1,228 |      — |
| Total AT1 equity instruments                                                |                   | 12,075 | 13,259 |

Note:

1 Reported net of securities held by the Group.

| Strategy                                      | Shareholderinformation | Climate andsustainability report | Governance | Riskreview | Financialreview |     | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 421 |
| Notes to the financial statements (continued) |                        |                                  |            |            |                 |     |                     |     |                                            |     |
| Capital instruments, equity and reserves      |                        |                                  |            |            |                 |     |                     |     |                                            |     |

The principal terms of the AT 1 securities are described below: ▪ AT 1 securities rank behind the claims against Barclays PLC of i ) unsubordinated creditors; ii ) claims which are expressed to be subordinated to the claims of unsubordinated creditors of Barclays PLC but not further or otherwise; or iii ) claims which are, or are expressed to be, junior to the claims of other creditors of Barclays PLC, whether subordinated or unsubordinated, other than claims which rank, or are expressed to rank, pari passu with, or junior to, the claims of holders of the AT 1 securities. ▪ AT 1 securities are undated and are redeemable, at the option of Barclays PLC, in whole on (i) the initial reset date, or on any fifth anniversary after the initial reset date or (ii) any day falling in a named period ending on the initial reset date, or on any fifth anniversary after the initial reset date. In addition, the AT 1 securities are redeemable, at the option of Barclays PLC, in whole in the event of certain changes in the tax or regulatory treatment of the securities. Any redemptions require the prior consent of the PRA. ▪ Interest on the AT 1 securities will be due and payable only at the sole discretion of Barclays PLC, and Barclays PLC has sole and absolute discretion at all times and for any reason to cancel (in whole or in part) any interest payment that would otherwise be payable on any interest payment date. 28 Reserves

Currency translation reserve

The currency translation reserve represents the cumulative gains and losses on the retranslation of the Group’s net investment in

foreign operations, net of the effects of hedging.

Fair value through other comprehensive income reserve