SFO seeks to reinstate charges against Barclays

RNS Number : 5762V

Barclays PLC

24 July 2018

 

24 July 2018

Barclays PLC

Barclays Bank PLC

SFO seeks to reinstate charges regarding matters which arose in the context of Barclays' capital raisings in 2008

On 21 May 2018 Barclays announced that the Crown Court had dismissed all of the charges that had been brought by the Serious Fraud Office ("SFO") against Barclays PLC and Barclays Bank PLC regarding matters which arose in the context of Barclays' capital raisings in 2008. Barclays noted at the time its expectation that the SFO was likely to seek to reinstate those charges by application to a High Court Judge to recommence proceedings via a new indictment of the same charges.

On 23 July 2018 the SFO made an application to the High Court seeking to reinstate against Barclays PLC and Barclays Bank PLC all of the charges dismissed by the Crown Court. Barclays intends to defend the application brought by the SFO.

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For further information, please contact:

Investor Relations	Media Relations
Lisa Bartrip	Tom Hoskin
[phone]	[phone]

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 80,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website home.barclays

 

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