SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, each of
the registrants has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
|
BARCLAYS
PLC
|
|
(Registrant)
|
Date:
January 02, 2018
|
By: /s/
Garth Wright
--------------------------------
|
|
Garth
Wright
|
|
Assistant
Secretary
|
|
BARCLAYS
BANK PLC
|
|
(Registrant)
|
Date:
January 02, 2018
|
By: /s/
Garth Wright
--------------------------------
|
|
Garth
Wright
|
|
Assistant
Secretary
|
Exhibit
No. 1
1
December 2017
Barclays PLC
Reduction of Barclays' shareholding in Barclays Africa Group
Limited
Following
the transfer on 30 November 2017, subject to settlement, of a 7.0%
stake in Barclays Africa Group Limited (BAGL), Barclays' total
shareholding in BAGL for regulatory reporting purposes will reduce
from 21.9% to 14.9%, in line with previously announced
expectations. Settlement of the transfer is expected to occur on 5
December 2017. From an accounting perspective, Barclays' results
already reflected the 14.9% ownership level.
For
regulatory reporting purposes, Barclays currently applies
proportional consolidation with respect to its stake in BAGL. The
reduction in Barclays' holding announced today will reduce the
percentage applied to 14.9%, and would increase Barclays' pro-forma
CET1 ratio as at 30 September by 12bps.
Barclays
has indicated that this represents its desired long term
shareholding in Barclays Africa and that no further sales are
planned at this time.
-ENDS-
For
further information please contact:
Investor Relations
|
Media Relations
|
Kathryn
McLeland
|
Tom
Hoskin
|
+44 (0)
20 7116 4943
|
+44
(0) 20 7116 6927
|
About Barclays
Barclays
is a transatlantic consumer and wholesale bank offering products
and services across personal, corporate and investment banking,
credit cards and wealth management, with a strong presence in our
two home markets of the UK and the US.
With
over 325 years of history and expertise in banking, Barclays
operates in over 40 countries and employs 85,000 people. Barclays
moves, lends, invests and protects money for customers and clients
worldwide.
For further information about Barclays, please visit our
website
www.barclays.com
Information regarding forward-looking statements
This announcement contains forward-looking statements within the
meaning of Section 21E of the US Securities Exchange Act of 1934,
as amended, and Section 27A of the US Securities Act of 1933, as
amended, with respect to the Barclays Group. These statements are
based on the current beliefs and expectations of Barclays'
management and are subject to significant risks and uncertainties.
Actual outcomes may differ materially from those expressed in the
forward-looking statements. Factors that could impact Barclays'
future financial condition and performance are identified in our
filings with the Securities and Exchange Commission ("SEC")
(including, without limitation, our Annual Report on Form 20-F for
the fiscal year ended 31 December 2016) which are available on the
SEC's website (
www.sec.gov
).
Subject to Barclays' obligations under the applicable laws and
regulations of the United Kingdom and the United States in relation
to disclosure and ongoing information, Barclays does not undertake
to update the forward-looking statements to reflect the impact of
circumstances or events that may arise after the date of the
forward-looking statements.
Exhibit
No. 2
1
December 2017
Barclays PLC - Total Voting Rights
In
accordance with the Financial Conduct Authority's (FCA) Disclosure
Guidance and Transparency Rule 5.6.1R, Barclays PLC notifies the
market that as of 30 November 2017, Barclays PLC's issued share
capital consists of 17,056,100,429 Ordinary shares with voting
rights.
There
are no ordinary shares held in Treasury.
The
above figure (17,056,100,429) may be used by shareholders (and
others with notification obligations) as the denominator for the
calculation by which they will determine if they are required to
notify their interest in, or a change to their interest in,
Barclays PLC under the FCA's Disclosure Guidance and Transparency
Rules.
- Ends -
For
further information, please contact:
Investor Relations
|
Media Relations
|
Kathryn
McLeland
|
Tom
Hoskin
|
+44 (0)
20 7116 4943
|
+44
(0) 20 7116 4755
|
Exhibit
No. 3
18
December 2017
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Barclays PLC (the
"Company") announces the following transactions by persons
discharging managerial responsibility ("PDMRs") in ordinary shares
of the Company with a nominal value of 25 pence each ("Shares") of
which it was notified on 15 December:
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individuals below. The Shares delivered are
in respect of :
1. the
quarterly payment of the Share element of the individual's fixed
remuneration for the three month period to 31 December 2017. The
Shares are subject to a holding period with restrictions lifting in
equal tranches over five years (20% each year); and
2. the
release of Shares subject to an award made under Schedule 1 to the
Barclays Group Share Value Plan.
The
number of Shares received by PDMRs and the transaction price of
those Shares are as follows:
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Jes
Staley
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group
Chief Executive
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
146,948
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Tushar Morzaria
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group
Finance Director
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a
holding period with restrictions lifting in equal tranches over
five years (20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
103,176
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Paul
Compton
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group
Chief Operating Officer
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
137,568
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Bob
Hoyt
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group
General Counsel
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
118,809
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Tristram
Roberts
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group
HR Director
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
71,910
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
|
|
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Tim
Throsby
|
2
|
Reason for the notification
|
a)
|
Position/status
|
President,
Barclays International and Chief Executive Officer, Corporate and
Investment Bank
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
243,871
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Ashok
Vaswani
|
2
|
Reason for the notification
|
a)
|
Position/status
|
CEO,
Barclays UK
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
87,543
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
C
.
S. Venkatakrishnan
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief
Risk Officer
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employees' Benefit Trust
delivered Shares to the individual described above. The Shares
delivered are in respect of the quarterly payment of the Share
element of the individual's fixed remuneration for the three month
period to 31 December 2017. The Shares are subject to a holding
period with restrictions lifting in equal tranches over five years
(20% each year).
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
118,809
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
C
.
S. Venkatakrishnan
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief
Risk Officer
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
Shares with a nominal value of 25 pence each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
The
trustee of the Barclays Group (PSP) Employee Benefit Trust
delivered Shares to the individual set out above to satisfy the
release of Shares subject to an award made under Schedule 1 to the
Barclays Group Share Value Plan.
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares received
|
£1.999
|
246,547
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not
applicable
|
e)
|
Date of the transaction
|
2017-12-15
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
For further information please contact:
Investor Relations
|
Media Relations
|
Kathryn McLeland
|
Tom Hoskin
|
+44 (0)20 7116 4943
|
+44 (0)20 7116 4755
|
Exhibit
No. 4
22
December 2017
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities /
person closely associated
|
a)
|
Name
|
Bob
Hoyt
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group
General Counsel
|
b)
|
Initial notification /Amendment
|
Initial
notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Barclays
PLC
|
b)
|
LEI
|
213800LBQA1Y9L22JB70
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification
code
|
Ordinary
shares in Barclays PLC with a nominal value of 25p each
("Shares")
GB0031348658
|
b)
|
Nature of the transaction
|
Barclays
Wealth Nominees Limited sold Shares for the individual set out
above.
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s):
Number of Shares sold
|
£
2.0445
|
25,000
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
2017-12-21
|
f)
|
Place of the transaction
|
London
Stock Exchange (XLON)
|
For further information please contact:
Investor Relations
|
Media Relations
|
Kathryn McLeland
|
Tom Hoskin
|
+44 (0)20 7116 4943
|
+44 (0)20 7116 4755
|
Exhibit
No. 5
22
December 2017
BARCLAYS BANK PLC
Publication
of Prospectus
The
following base prospectus (the "
Base Prospectus
") has been approved by
the UK Listing Authority and is available for viewing:
Base
Prospectus dated 22 December 2017 for the Barclays Bank PLC
€35,000,000,000 Global Covered Bond Programme unconditionally
and irrevocably guaranteed as to payments by Barclays Covered Bonds
LLP (the "
Programme
").
To view
the full document, please click on or paste the following URL into
the address bar of your browser.
http://www.rns-pdf.londonstockexchange.com/rns/2655A_-2017-12-22.pdf
A copy of the above Base Prospectus has been submitted to the
National Storage Mechanism and will shortly be available for
inspection at:
http://www.morningstar.co.uk/uk/NSM
The
Base Prospectus can also be viewed via:
http://www.barclays.com/prospectuses-and-documentation/secured-funding-documentation/covered-bonds.html
The
following transaction documents, in relation to the Programme, were
also amended and restated on 22 December 2017:
●
the Trust Deed; and
●
the Programme Agreement,
each as
defined and further described in the Base Prospectus (the
"
Amended Transaction
Documents
").
The
Amended Transaction Documents are available for inspection at the
following addresses:
Barclays
Treasury
1
Churchill Place
Canary
Wharf
London
E14 5HP
and
Citigroup
Centre
Canada
Square
London
E14 5LB
(the
"
Specified Office of the Paying
Agent
").
For
further information, please contact
Barclays
Treasury
1
Churchill Place
Canary
Wharf
London
E14 5HP
DISCLAIMER - INTENDED ADDRESSEES
IMPORTANT:
You must read the following before continuing:
The following applies to the Base Prospectus available by clicking
on the link above, and you are therefore advised to read this
carefully before reading, accessing or making any other use of the
Base Prospectus. In accessing the Base Prospectus, you agree to be
bound by the following terms and conditions, including any
modifications to them, any time you receive any information from us
as a result of such access.
THE
BASE PROSPECTUS MAY NOT BE FORWARDED OR DISTRIBUTED OTHER THAN AS
PROVIDED BELOW AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER.
THE BASE PROSPECTUS MAY ONLY BE DISTRIBUTED OUTSIDE THE UNITED
STATES TO PERSONS THAT ARE NOT U.S. PERSONS AS DEFINED IN, AND IN
RELIANCE ON, REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS
AMENDED (THE "
SECURITIES
ACT
") OR WITHIN THE UNITED STATES TO QIBs (AS DEFINED BELOW)
IN ACCORDANCE WITH RULE 144A UNDER THE SECURITIES ACT
("
RULE 144A
"). ANY
FORWARDING, DISTRIBUTION OR REPRODUCTION OF THE BASE PROSPECTUS IN
WHOLE OR IN PART IS PROHIBITED. FAILURE TO COMPLY WITH THIS NOTICE
MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE
LAWS OF OTHER JURISDICTIONS.
NOTHING
IN THIS ELECTRONIC PUBLICATION CONSTITUTES AN OFFER OF SECURITIES
FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. ANY
COVERED BONDS ISSUED OR TO BE ISSUED PURSUANT TO THE BASE
PROSPECTUS HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE
SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED
STATES OR OTHER JURISDICTION. ANY COVERED BONDS ISSUED OR TO BE
ISSUED PURSUANT TO THE BASE PROSPECTUS MAY NOT BE OFFERED, SOLD,
PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (1) IN ACCORDANCE WITH RULE
144A UNDER THE SECURITIES ACT TO PERSONS REASONABLY BELIEVED TO BE
QUALIFIED INSTITUTIONAL BUYERS (EACH A "
QIB
") WITHIN THE MEANING OF RULE 144A OR
(2) IN AN OFFSHORE TRANSACTION TO A PERSON THAT IS NOT A U.S.
PERSON IN ACCORDANCE WITH RULE 903 OR RULE 904 OF REGULATION S
UNDER THE SECURITIES ACT.
Please
note that the information contained in the Base Prospectus may be
addressed to and/or targeted at persons who are residents of
particular countries (specified in the Base Prospectus) only and is
not intended for use and should not be relied upon by any person
outside these countries and/or to whom the offer contained in the
Base Prospectus is not addressed. Prior to relying on the
information contained in the Base Prospectus you must ascertain
from the Base Prospectus whether or not you are part of the
intended addressees of the information contained
therein.
Confirmation of your Representation:
In order to be eligible
to view the Base Prospectus or make an investment decision with
respect to any Covered Bonds issued or to be issued pursuant to the
Base Prospectus, you must be (i) a person other than a U.S. person
(within the meaning of Regulation S under the Securities Act); or
(ii) a QIB that is acquiring the securities for its own account or
for the account of another QIB. By accessing the Base Prospectus,
you shall be deemed to have represented that you and any customers
you represent are not a U.S. person (as defined in Regulation S to
the Securities Act) or that you are a QIB, and that you consent to
delivery of the Base Prospectus and any supplements thereto via
electronic publication.
You are
reminded that the Base Prospectus has been made available to you on
the basis that you are a person into whose possession the Base
Prospectus may be lawfully delivered in accordance with the laws of
the jurisdiction in which you are located and you may not, nor are
you authorised to, deliver the Base Prospectus to any other
person.
The
Base Prospectus does not constitute, and may not be used in
connection with, an offer or solicitation in any place where offers
or solicitations are not permitted by law. If a jurisdiction
requires that the offering be made by a licensed broker or dealer
and the underwriters or any affiliate of the underwriters is a
licensed broker or dealer in that jurisdiction, the offering shall
be deemed to be made by the underwriters or such affiliate on
behalf of the issuers in such jurisdiction. Under no circumstances
shall the Base Prospectus constitute an offer to sell, or the
solicitation of an offer to buy, nor shall there be any sale of any
Covered Bonds issued or to be issued pursuant to the Base
Prospectus, in any jurisdiction in which such offer, solicitation
or sale would be unlawful.
The
Base Prospectus has been made available to you in an electronic
form. You are reminded that documents transmitted via this medium
may be altered or changed during the process of electronic
transmission and consequently none of the issuers, their advisers
nor any person who controls any of them nor any director, officer,
employee nor agent of it or affiliate of any such person accepts
any liability or responsibility whatsoever in respect of any
difference between the Base Prospectus made available to you in
electronic format and the hard copy version available to you on
request from the issuers.
Exhibit
No. 6
27
December 2017
Barclays PLC
US Tax Reform
Barclays
notes the Tax Cuts and Jobs Act ("the Act") enacted on 22 December
2017, reducing the statutory rate of US federal corporate income
tax to 21%.
Barclays
expects the measurement of its US deferred tax assets ("DTAs") to
reduce by c.£1bn as a result of the reduced tax rate and net
of a c.£0.3bn increase to US DTAs, unrelated to the Act, due
to a revaluation of Barclays Bank PLC's US branch DTAs. This
aggregate reduction in the measurement of US DTAs is expected to
result in an associated one-off charge of c.£1bn to Group
profit after tax, a c.20 basis point reduction to the Group CET1
ratio and a decrease of c.6 pence to TNAV per share. These
estimates are all calculated based on Barclays' financial
information as at 30 September 2017 and will be accounted for in
the financial year ended December 2017.
This
reduction in the statutory US federal rate is expected to
positively impact Barclays' future US after tax earnings.
However, the ultimate impact is subject to the effect of other
complex provisions in the Act (including the Base Erosion and
Anti-Abuse Tax ("BEAT")), which Barclays is currently reviewing,
and it is possible that any impact of BEAT could significantly
reduce the benefit of the reduction in the statutory US federal
rate. Due to the uncertain practical and technical application of
many of these provisions, it is currently not possible to reliably
estimate whether BEAT will apply and if so, how it would impact
Barclays.
Ends
For
further information please contact:
Investor Relations
|
Media Relations
|
Kathryn
McLeland
|
Tom
Hoskin
|
+44 (0)
20 7116 4943
|
+44
(0) 20 7116 6927
|
About Barclays
Barclays
is a transatlantic consumer and wholesale bank offering products
and services across personal, corporate and investment banking,
credit cards and wealth management, with a strong presence in our
two home markets of the UK and the US.
With
over 325 years of history and expertise in banking, Barclays
operates in over 40 countries and employs approximately 85,000
people. Barclays moves, lends, invests and protects money for
customers and clients worldwide.
For further information about Barclays, please visit our
website
www.barclays.com
INFORMATION REGARDING FORWARD-LOOKING STATEMENTS
This announcement contains forward-looking statements within the
meaning of Section 21E of the US Securities Exchange Act of 1934,
as amended, and Section 27A of the US Securities Act of 1933, as
amended, with respect to the Barclays Group. These statements are
based on the current beliefs and expectations of Barclays'
management and are subject to significant risks and uncertainties.
Actual outcomes may differ materially from those expressed in the
forward-looking statements. Factors that could impact Barclays'
future financial condition and performance are identified in our
filings with the Securities and Exchange Commission ("SEC")
(including, without limitation, our Annual Report on Form 20-F for
the fiscal year ended 31 December 2016) which are available on the
SEC's website (
www.sec.gov
).
Subject to Barclays' obligations under the applicable laws and
regulations of the United Kingdom and the United States in relation
to disclosure and ongoing information, Barclays does not undertake
to update the forward-looking statements to reflect the impact of
circumstances or events that may arise after the date of the
forward-looking statements.
No
statement in this document is intended as a profit forecast and no
statement in this document should be interpreted to mean that the
earnings per share for the current or future years would
necessarily match or exceed the historical published earnings per
share.