Barclays announces securities

RNS Number : 1337J

Barclays PLC

28 November 2008

 



This announcement is not for distribution directly or indirectly in or into any jurisdiction into which the same would be unlawful.

BARCLAYS PLC

28th November 2008

Barclays announces securities admitted to trading

Mandatorily Convertible Notes

£4.05 billion 9.75 per cent. Mandatorily Convertible Notes ('MCNs') were issued by Barclays Bank PLC ('BBPLC') on 27th November 2008 pursuant to the Capital Raising. Barclays announces that applications were made to the UKLA and to the London Stock Exchange for the MCNs to be admitted to the official list of the UKLA and to trading on the London Stock Exchange's regulated market.

Admission to trading of the MCNs on the London Stock Exchange's regulated market is expected to commence today at 8.00 a.m. (GMT).

Reserve Capital Instruments and Warrants

£3 billion 14 per cent. Step-up Callable Perpetual Reserve Capital Instruments ('RCIs') were issued by BBPLC on 27th November 2008 pursuant to the Capital Raising. Warrants were issued by Barclays on 31st October 2008 and now carry an unconditional right to exercise in accordance with their terms at any time until 31st October 2013. Barclays announces that applications were made to the UKLA and to the London Stock Exchange for the RCIs and 1,516,875,236 warrants to be admitted to the official list of the UKLA and to trading on the London Stock Exchange's regulated market.

Admission to trading of the RCIs and warrants on the London Stock Exchange's regulated market is expected to commence today at 8.00 a.m. (GMT).

ENQUIRIES:

ANALYSTS AND INVESTORS

Mark Merson        [phone]

Neil Temple          [phone]

MEDIA

Howell James        [phone]

Alistair Smith        [phone]

This announcement is not a prospectus. Prospectuses relating to the admission for trading of RCIs, warrants and MCNs were published on 25th November 2008. Copies of these prospectuses are available from the website of the London Stock Exchange.

This announcement is for information only and shall not constitute an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell or issue, or subscribe for any securities, nor shall there be any sale of securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, and may not be offered, sold or transferred in the United States absent registration or an applicable exemption from registration requirements. The MCNs and the warrants referred to herein must not at any time be converted or exercised in the United States.

Persons (including, without limitation, nominees and trustees) who have a contractual or other legal obligation to forward a copy of this announcement should seek appropriate advice before taking any action.

Neither the content of Barclays website nor any website accessible by hyperlinks on Barclays website is incorporated in, or forms part of, this announcement.

APPENDIX

Definitions 

In this announcement capitalised terms that are not defined elsewhere have the meanings set out below.

'£'	means the lawful currency of the United Kingdom;
'Barclays'	means Barclays PLC;
'Capital Raising'	means the capital raising announced on 31st October 2008 as updated;
'London Stock Exchange'	means London Stock Exchange plc;
'UK' or 'United Kingdom'	means the United Kingdom of Great Britain and Northern Ireland; and
'UKLA'	means the UK Financial Services Authority in its capacity as the competent authority for listing under Part VI of the UK Financial Services and Markets Act 2000.

 

END

 

 

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