9th May 2025 11:41
9 May 2025
Notice of redemption and cancellation of listing
to the Holders of the
BARCLAYS BANK PLC
4.75% Non-Cumulative Callable Euro Preference Shares, Series 2 (principal amount currently outstanding: EUR 318,560,000)
ISIN: XS0214398199
NOTICE IS HEREBY GIVEN by Barclays Bank PLC (the "Issuer") that the Issuer will redeem all of its outstanding 4.75 per cent. Non-Cumulative Callable Euro Preference Shares, Series 2 (the "Euro Preference Shares") on 16 June 2025 (the "Redemption Date"), in accordance with the terms and conditions of the Euro Preference Shares.
The Issuer shall pay on each Euro Preference Share so redeemed the aggregate of (i) an amount equal to €10,000 and (ii) an amount equal to €81.17, being the dividend accrued from (and including) 17 March 2025 to (but excluding) the Redemption Date (together, the "Redemption Price").
Payment of the Redemption Price will be made on the Redemption Date through the relevant clearing systems. Upon such redemption, dividends will cease to accrue on the Euro Preference Shares and the Euro Preference Shares will be cancelled. Accordingly, the admission of the Euro Preference Shares on the official list and to trading on the main market of the Luxembourg Stock Exchange will be cancelled on or around the Redemption Date.
This announcement is released by the Issuer and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR"), encompassing information relating to the Euro Preference Shares.
Should any holder of the Euro Preference Shares have any queries in relation to this notice of redemption please contact:
Barclays Debt Investor Relations Team
Barclays Bank PLC
1 Churchill Place
London E14 5HP
United Kingdom
+44 20 7116 1000
Email: [email protected]
Jordan Guy Head of Debt Investor Relations | Stuart Frith Treasury - Long Term Funding |
This notice of redemption is issued and directed only to the holders of the Euro Preference Shares and no other person shall, or is entitled to, rely or act on, or be able to rely or act on, its contents, and it should not be relied upon by any holder of Euro Preference Shares for any other purpose.
Holders of any global registered share certificate in respect of the Euro Preference Shares shall surrender such global registered share certificate for redemption at the offices of The Bank of New York Mellon, London Branch at 160 Queen Victoria Street, London, EC4V 4LA, United Kingdom, in order to obtain payment of the Redemption Price. For the avoidance of doubt, this does not apply to persons who hold their interest in the Euro Preference Shares through the clearing systems.
Related Shares:
Barclays Nts45