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Notice of redemption and cancellation of listing

9th May 2025 11:41

RNS Number : 0771I
Barclays Bank PLC
09 May 2025
 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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