Barclays Bank PLC has today issued a notice of redemption to the
Paying Agent, the Depositary and the Holders of the below mentioned
Securities. The below is an exact copy of the contents of the
letter as distributed:
To:
The Bank of New York Mellon
The Bank of New York Mellon
One Canada Square
101 Barclay Street
London E14 5AL
22nd Floor West
United Kingdom
New York, NY 10286
Attn: Corporate Trust Administration
Attn: Depositary Receipts Division
Email: corpsov2@bnymellon.com
Email: Margaret.keyes@bnymellon.com;
Fax: +44 (0) 20 7964 2536
Joanne.digiovanni@bnymellon.com
Notice of Redemption: Barclays Bank PLC 6.625% Non-Cumulative
Callable Dollar Preference Shares, Series 2, represented by
American Depositary Shares, Series 2
This notice (the “Redemption
Notice”) is in relation to Barclays Bank PLC’s (the
“Company”) $750,000,000 6.625%
Non-Cumulative Callable Dollar Preference Shares, Series 2 (ISIN:
US06739F3828) (the “Preference
Shares”), represented by American Depositary Shares, Series
2 (CUSIP: 067 39F390, ISIN: US06739F3901) issued on April 25 and
April 28, 2006 (the “ADSs” and,
collectively with the Preference Shares, the “Securities”).
The Securities were issued pursuant to the Agency Agreement,
dated April 25, 2006 (the “Agency
Agreement”), between the Company and The Bank of New York
Mellon, London office, as Principal Paying Agent, Paying Agent and
Registrar (the “Paying Agent”) and
pursuant to the Deposit Agreement, dated April 25, 2006 (the
“Deposit Agreement”), among the
Company, The Bank of New York Mellon, as Depositary and all Holders
(as such term is defined in the Deposit Agreement) from time to
time of the American Depositary Receipts issued thereunder (the
“Holders”), and pursuant to the
prospectus dated September 21, 2005 and the prospectus supplement,
dated April 20, 2006. Capitalized terms used herein and not defined
herein shall have the respective meanings ascribed to such terms in
the Agency Agreement.
The Company hereby notifies the Paying Agent, the Depositary and
the Holders of the Securities that it elects to redeem the
Securities pursuant to Section 6 of the Agency Agreement.
Accordingly, the Company hereby requests that the Paying Agent
provide this Redemption Notice to all Holders of the
Securities.
Pursuant to the Conditions and the Articles, the Company hereby
provides the following information in connection with such
redemption:
Redemption
Date:
September 15, 2016
Series of
PreferenceShares to be
Redeemed:
The Company’s $750,000,000 6.625% Non-Cumulative Callable Dollar
Preference Shares, Series 2 (ISIN: US06739F3828), evidenced in the
form of American Depositary Shares, Series 2 (CUSIP: 067 39F390,
ISIN: US06739F3901) issued on April 25 and April 28, 2006
Redemption
Price:
$25.00 per Security plus $0.4140625 in accrued but unpaid dividends
per Security
Location Where
HoldersMay Surrender
Documentsof Title and Obtain
Paymentof the Redemption
Price:
The Bank of New York MellonOne Canada
SquareLondon E14 5ALUnited KingdomAttn: Corporate Trust
AdministrationEmail: corpsov2@bnymellon.comFax: +44 (0) 20 7964
2536
Notice Regarding
Cessationof
Dividends:
Dividends will cease to accrue upon redemption of the Securities,
which will take place on September 15, 2016
No defect in this Redemption Notice or in the giving of notice
will affect the validity of the redemption proceedings.
By 12:00 noon, London time, on the Redemption Date, the Company
will irrevocably deposit with the Paying Agent funds sufficient to
pay the Redemption Price, including the amount of accrued and
unpaid dividends for each Security, and will also give the Paying
Agent irrevocable instructions and authority to pay the Redemption
Price to the Holders of the Securities.
When the Company makes the deposit referred to in the preceding
paragraph, all rights of Holders of the Securities will cease,
except the Holders’ rights to receive the Redemption Price, but
without interest, and the Securities will no longer be
outstanding.
In the event that any date on which a redemption payment on the
Securities is to be made is not a Business Day, then payment of the
Redemption Price payable on that date will be made on the next
Business Day. There will be no interest or other payment due to the
delay. If payment of the Redemption Price is improperly withheld or
refused, then, subject to all restrictions on the payment of
dividends currently applicable to the Securities (including the
discretion of the Company with respect to payments), dividends on
the Securities will continue to accrue at the then applicable rate,
from the Redemption Date to the date of payment of the Redemption
Price.
Should the Paying Agent or any Holder of the Securities have any
inquiries, please contact:
Barclays TreasuryBarclays PLC1 Churchill PlaceLondon E14
5HPUnited Kingdom011-44-20-7116-1000
For and on behalf of Barclays Bank
PLC:
/signature/
Name:
Title:
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version on businesswire.com: http://www.businesswire.com/news/home/20160812005733/en/
Analyst and Investor InformationFurther information for
analysts and investors can be obtained from the following contacts
at Barclays:Investor RelationsLisa Bartrip, +44 (0) 20 7773
0708orBarclays TreasuryMiray Muminoglu, +44 (0) 20 7773
8199orTim Allen, +44 (0) 20 3134 6290orMedia RelationsMark
Lane, +1 212-412-1413
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