Barclays completes sale of Spanish businesses

RNS Number : 1610B

Barclays PLC

02 January 2015

 



2 January 2015

Barclays PLC

Barclays completes sale of Spanish Businesses to CaixaBank

Barclays Bank PLC ("Barclays") has completed the sale of its Spanish subsidiary, Barclays Bank S.A.U. - which comprises principal activities in Retail Banking, Wealth and Investment Management and Corporate Banking in Spain - to CaixaBank S.A. The completion of the sale, initially announced on 31 August 2014, follows receipt of regulatory and other applicable approvals. The completion will be reflected in Barclays' Q1 2015 results.

Barclays' Investment Bank and Barclaycard operations in Spain are not part of the sale and Barclays remains committed to these businesses.

Barclays will announce its 2014 Full Year Results on 3 March 2015.

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For further information, please contact:

Barclays

Investor Relations                                                            Media Relations               

Charlie Rozes                                                                  Giles Croot

[phone]                                                      [phone]

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 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 document may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. Generally, the words ''will'', ''may'', ''should'', ''continue'', ''believes'', ''expects'', ''intends'', ''anticipates'', "plans" or similar expressions that are predictive or indicative of future events identify forward-looking statements. These statements are based on the current expectations of management and are naturally subject to risks, uncertainties and changes in circumstances. Undue reliance should not be placed on any such statements because, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors, many of which are outside the control of Barclays and its Directors, that could cause actual results, and management's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. As such, forward-looking statements are no guarantee of future performance.

There are several factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business, competitive, market and regulatory environment, future exchange and interest rates, changes in tax rates and future business combinations or dispositions.

Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this document. Barclays does not undertake any obligation (except as required by requirements of the UK Listing Authority or any other legal or regulatory requirement) to revise or update any forward-looking statement contained in this document, regardless of whether that statement is affected as a result of new information, future events or otherwise.

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.

 

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