Obligation Barclay PLC 7.75% ( US06738EBA29 ) en USD

Barclay PLC

100 % ⇌

Royaume-uni

US06738EBA29 ( en USD )

7.75% par an ( paiement trimestriel )

Perpétuelle - Obligation échue

Prospectus brochure de l'obligation Barclays PLC US06738EBA29 en USD 7.75%, échue

200 000 USD

2 500 000 000 USD

06738EBA2

B+ ( Très spéculatif )

N/A

Barclays PLC est une banque multinationale britannique offrant une large gamme de services financiers, notamment la banque de détail, la gestion de patrimoine, la banque d'investissement et les cartes de crédit, opérant dans de nombreux pays à travers le monde.

L'Obligation émise par Barclay PLC ( Royaume-uni ) , en USD, avec le code ISIN US06738EBA29, paye un coupon de 7.75% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le Perpétuelle
L'Obligation émise par Barclay PLC ( Royaume-uni ) , en USD, avec le code ISIN US06738EBA29, a été notée B+ ( Très spéculatif ) par l'agence de notation Standard & Poor's ( S&P ).

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Table of Contents
Filed pursuant to Rule 424(b)(5)
Registration Statement No. 333-223156
Prospectus Supplement to Prospectus dated April 6, 2018

$2,500,000,000 7.750% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible
Securities
(Callable September 15, 2023 and Every Five Years Thereafter)
Barclays PLC

We, Barclays PLC (the "Issuer" or "Barclays"), are issuing $2,500,000,000 aggregate principal amount of 7.750% Fixed Rate Resetting Perpetual
Subordinated Contingent Convertible Securities (Callable September 15, 2023 and Every Five Years Thereafter) (the "Securities"). From (and including)
the Issue Date (as defined herein) to (but excluding) September 15, 2023 (such date and each fifth anniversary date thereafter being a "Reset Date"), the
interest rate on the Securities will be 7.750% per annum. From (and including) each Reset Date to (but excluding) the next following Reset Date, the
applicable per annum interest rate will be equal to the sum of the applicable Mid-Market Swap Rate (as defined herein) on the relevant Reset
Determination Date (as defined herein) and 4.842%. The interest rate following any Reset Date may be less than the initial interest rate and/or the interest
rate that applies immediately prior to such Reset Date. Subject to the conditions described herein, interest, if any, will be payable quarterly in arrear on
March 15, June 15, September 15 and December 15 of each year, commencing on December 15, 2018.
We will apply to the London Stock Exchange PLC (the "LSE") for the Securities to be admitted to trading on the LSE's International Securities Market
(the "ISM").
The ISM is not a regulated market for the purposes of MiFID II (as defined below). The ISM is a market designated for professional investors.
Securities admitted to trading on the ISM are not admitted to the Official List of the United Kingdom Listing Authority. The LSE has not
approved or verified the contents of either this prospectus supplement or the accompanying prospectus. Neither this prospectus supplement nor
the accompanying prospectus comprises (i) a prospectus for the purposes of Part IV of the Financial Services and Markets Act 2000, as amended
(the "FSMA") or (ii) a base prospectus for the purposes of the Prospectus Directive (as defined herein).
As described in this prospectus supplement, the terms of the Securities provide that interest on the Securities will be due and payable only at the
sole discretion of the Issuer, and the Issuer shall have sole and absolute discretion at all times and for any reason to cancel (in whole or in part)
any interest payment that would otherwise be payable on any Interest Payment Date. As described herein, the terms of the Securities also provide
for circumstances under which the Issuer shall be restricted from making an interest payment (in whole or in part) on the Securities on an
Interest Payment Date, and the interest payable in respect of any such Interest Payment Date shall be deemed cancelled (in whole or in part) and
therefore not due and payable. Interest will only be due and payable on an Interest Payment Date to the extent it is not cancelled or deemed
cancelled in accordance with the terms of the Securities and as further described herein. Any interest cancelled or deemed cancelled (in each case,
in whole or in part) in accordance with the terms of the Securities and as further described herein shall not be due and shall not accumulate or be
payable at any time thereafter, and holders of the Securities shall have no rights thereto or to receive any additional interest or compensation as a
result of such cancellation or deemed cancellation.
The Securities are perpetual and have no fixed maturity or fixed redemption date. As a result of the fact that the Securities are perpetual
securities and that interest on the Securities will be due and payable only at our sole discretion and that we may cancel (in whole or in part) any
interest payment at any time, we are not required to make any payment of the principal amount of the Securities at any time prior to our
winding-up or administration and you may not receive interest on any Interest Payment Date.
Table of Contents
The Securities will constitute our direct, unsecured and subordinated obligations, ranking pari passu without any preference among themselves, as
described herein. Book-entry interests in the Securities will be issued in minimum denominations of $200,000 and in integral multiples of $1,000 in excess
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thereof.
As described herein, we may, at our option, redeem the Securities, in whole but not in part, on any Reset Date at 100% of their principal amount, together
with any accrued but unpaid interest (which excludes any interest cancelled or deemed cancelled as described herein) to (but excluding) the date fixed for
redemption.
As described herein, we may also, at our option, redeem the Securities, in whole but not in part, at any time in the event of a change in certain U.K.
regulatory capital requirements or upon the occurrence of certain tax events as described herein at 100% of their principal amount, together with any
accrued but unpaid interest (which excludes any interest cancelled or deemed cancelled as described herein) to (but excluding) the date fixed for
redemption.
If a Capital Adequacy Trigger Event (as defined herein) occurs, then an Automatic Conversion (as defined herein) will occur on the Conversion
Date (as defined herein), at which point all of the Issuer's obligations under the Securities (other than certain Issuer obligations in connection with
the Conversion Shares Offer (as defined herein), if any, which are referred to herein as the CSO Obligations) shall be irrevocably and
automatically released in consideration of the Issuer's issuance of the Conversion Shares (as defined herein) to the Conversion Shares Depository
(as defined herein) (or other relevant recipient as described herein), and under no circumstances shall such released obligations be reinstated. The
Conversion Shares shall initially be registered in the name of the Conversion Shares Depository (which shall hold the Conversion Shares on behalf
of the holders of the Securities) or the relevant recipient in accordance with the terms of Securities. As more fully described herein, the Issuer may
elect, in its sole and absolute discretion, that a Conversion Shares Offer be made by the Conversion Shares Depository to all or some of the then
existing shareholders of the Issuer. The realizable value of any Conversion Shares received by a holder of the Securities following an Automatic
Conversion may be significantly less than the Conversion Price (as defined herein) of $2.14 initially and/or the Conversion Shares Offer Price (as
defined herein) of £1.65 initially, and holders of the Securities could lose all or part of their investment in the Securities as a result of the
Automatic Conversion.
Following an Automatic Conversion, the Securities shall remain in existence until the applicable Cancellation Date (as defined herein) for the sole purpose
of evidencing (a) the holder's right to receive Conversion Shares or Conversion Shares Offer Consideration (as defined herein), as applicable, from the
Conversion Shares Depository and (b) the Issuer's CSO Obligations, if any. All obligations of the Issuer under the Securities (except for the CSO
Obligations, if any) shall be irrevocably and automatically released in consideration of the Issuer's issuance of the Conversion Shares to the Conversion
Shares Depository (or other relevant recipient as described herein) on the Conversion Date.
The Securities are not intended to be offered, sold or otherwise made available and should not be offered, sold or otherwise made available to
retail clients, as defined in the rules set out in the Markets in Financial Instruments Directive 2014/65/EU (as amended or replaced from time to
time) and the Product Intervention (Contingent Convertible Instruments and Mutual Society Shares) Instrument 2015 (as amended or replaced
from time to time) (the "PI Rules"). Prospective investors are referred to the section headed "Prohibition on marketing and sales to retail
investors" on page S-1 of this prospectus supplement for further information.
IMPORTANT PRIIPs REGULATION / PROHIBITION OF SALES TO EEA RETAIL INVESTORS. The Securities are not intended to be
offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European
Economic Area ("EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of
Article 4(1) of MiFID II; or (ii) a customer within the meaning of Directive 2002/92/EC (as amended, the "Insurance Mediation Directive"), where
that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently no key information
document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Securities or otherwise
making them available to retail investors in the EEA has been prepared and therefore offering or selling the Securities or otherwise making them
available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
Table of Contents
PRODUCT CLASSIFICATION PURSUANT TO SECTION 309B OF THE SECURITIES AND FUTURES ACT (CHAPTER 289 OF
SINGAPORE) The Pricing Agreement (as defined herein) in respect of the Securities may include a legend entitled "Singapore Securities and
Futures Act Product Classification" which will state the product classification of the Securities pursuant to section 309B(1) of the Securities and
Futures Act (Chapter 289 of Singapore) (the "SFA"). The Issuer will make a determination in relation to the classification of the Securities being
offered for purposes of section 309B(1)(a). Any such legend included on the Pricing Agreement will constitute notice to "relevant persons" for
purposes of section 309B(1)(c) of the SFA.
Notwithstanding any other agreements, arrangements, or understandings between us and any holder or beneficial owner of the Securities, by
acquiring the Securities, each holder and beneficial owner of the Securities acknowledges, accepts, agrees to be bound by, and consents to, the
exercise of any U.K. Bail-in Power (as defined in the accompanying prospectus) by the Relevant U.K. Resolution Authority (as defined in the
accompanying prospectus) that may result in: (i) the reduction or cancellation of all, or a portion, of the principal amount of, or interest on, the
Securities; (ii) the conversion of all, or a portion of, the principal amount of, or interest on, the Securities into shares or other securities or other
obligations of the Issuer or another person (and the issue to, or conferral on, the holder or beneficial owner of the Securities such shares,
securities or obligations); and/or (iii) the amendment of the amount of interest due on the Securities, or the dates on which interest becomes
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payable, including by suspending payment for a temporary period; which U.K. Bail-in Power may be exercised by means of a variation of the
terms of the Securities solely to give effect to the exercise by the Relevant U.K. Resolution Authority of such U.K. Bail-in Power. For more
information, see the section entitled "Description of Contingent Convertible Securities--Agreement with Respect to Exercise of U.K. Bail-in Power"
in the accompanying prospectus.
By its acquisition of the Securities, each holder and beneficial owner of the Securities, to the extent permitted by the U.S. Trust Indenture Act of
1939, as amended (the "Trust Indenture Act"), also waives any and all claims against The Bank of New York Mellon, London Branch, as trustee
(the "Trustee") for, agrees not to initiate a suit against the Trustee in respect of, and agrees that the Trustee shall not be liable for, any action that
the Trustee takes, or abstains from taking, in either case in accordance with the exercise of the U.K. Bail-in Power by the Relevant U.K.
Resolution Authority with respect to the Securities. For more information, see the section entitled "Description of Contingent Convertible Securities
--Agreement with Respect to Exercise of U.K. Bail-in Power" in the accompanying prospectus.
Investing in the Securities involves risks. We encourage you to read and carefully consider this document in its entirety, in particular the risk factors
beginning on page S-20 of this prospectus supplement and risk factors in "Risk Review--Material existing and emerging risks" on pages 79-84 of our
Annual Report on Form 20-F for the year ended December 31, 2017, which is incorporated by reference herein, and the other information included
and incorporated by reference in this prospectus supplement and the accompanying prospectus, for a discussion of the factors you should carefully
consider before deciding to invest in the Securities.
Neither the U.S. Securities and Exchange Commission nor any U.S. state securities commission has approved or disapproved of the Securities or
determined that this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
The Securities are not deposit liabilities of Barclays PLC and are not covered by the U.K. Financial Services Compensation Scheme or insured by
the U.S. Federal Deposit Insurance Corporation, the Canada Deposit Insurance Corporation or any other governmental agency of the United
States, the United Kingdom, Canada] or any other jurisdiction.

Proceeds, before
Underwriting
expenses, to

Price to Public(1)

Compensation

Barclays PLC
Per Security

100%

1.00%

99.00%
Total

$2,500,000,000
$ 25,000,000
$2,475,000,000

Note:
(1)
Plus accrued interest, if any, from and including August 14, 2018.
Table of Contents
The underwriters expect to deliver the Securities to purchasers in book-entry form only through the facilities of The Depository Trust Company ("DTC"),
on or about August 14, 2018. Beneficial interests in the Securities will be shown on, and transfers thereof will be effected only through, records maintained
by DTC and its participants, including Clearstream Banking S.A. ("Clearstream, Luxembourg") and Euroclear Bank SA/NV ("Euroclear").
By its acquisition of the Securities, each holder and beneficial owner of the Securities shall also be deemed to have (i) acknowledged and agreed that an
interest payment shall not be due and payable on the relevant Interest Payment Date if it has been cancelled or deemed cancelled (in each case, in whole or
in part) for any reason in accordance with the terms of the Securities, (ii) consented to (x) the Automatic Conversion, including the appointment of a
Conversion Shares Depository and the issuance of the Conversion Shares thereto (or any related Conversion Shares Offer Consideration, including the
appointment of any Conversion Shares Offer Agent (as defined herein) and the sale of the Conversion Shares by the Conversion Shares Depository), and
acknowledged that such Automatic Conversion of its Securities (and any related Conversion Shares Offer) may occur without any further action on the part
of such holder or beneficial owner or the Trustee and (y) the exercise of any U.K. Bail-in Power as it may be imposed without any prior notice by the
relevant U.K. Resolution Authority of its decision to exercise such power with respect to the Securities and (iii) authorized, directed and requested DTC
and any direct participant in DTC or other intermediary through which it holds such Securities to take any and all necessary action, if required, to
implement (x) the Automatic Conversion (including any related Conversion Shares Offer) and (y) the exercise of any U.K. Bail-in Power with respect to
the Securities as it may be imposed, without any further action or direction on the part of such holder or beneficial owner or the Trustee.
Sole Structuring Adviser and Sole Bookrunner
Barclays
Joint Lead Managers

BBVA

Deutsche Bank Securities

ING
Lloyds Securities

Morgan Stanley

Natixis
Scotiabank

SMBC Nikko

SOCIETE GENERALE
Standard Chartered Bank

Swedbank

UBS Investment Bank
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Co-Lead Managers
BANKIA

BMO Capital Markets

BNY Mellon Capital Markets, LLC

Capital One Securities
CIBC Capital Markets

Citizens Capital Markets

Drexel Hamilton

Loop Capital Markets
Mischler Financial Group, Inc.

PNC Capital Markets LLC

SunTrust Robinson Humphrey

TD Securities
The Williams Capital Group, L.P.

US Bancorp
Prospectus Supplement dated August 7, 2018
Table of Contents
TABLE OF CONTENTS
PROSPECTUS SUPPLEMENT

Page Number
Prohibition on Marketing and Sales to Retail Investors

S-1
Forward-Looking Statements

S-3
Incorporation of Documents by Reference

S-4
Certain Definitions

S-4
Summary

S-7
Risk Factors

S-20
Use of Proceeds

S-48
Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities

S-49
Tax Considerations

S-80
Benefit Plan Investor Considerations

S-86
Underwriting

S-88
Trading in Ordinary Shares by the Issuer and its Affiliates

S-94
Validity of Securities

S-95
PROSPECTUS

Forward-Looking Statements

1
Incorporation of Certain Documents by Reference

2
Certain Definitions

3
The Barclays Group

4
Use of Proceeds

5
Description of Debt Securities

6
Description of Contingent Convertible Securities

24
Description of Ordinary Shares

43
Description of Certain Provisions Relating to Debt Securities and Contingent Convertible Securities

45
Clearance and Settlement

48
Tax Considerations

54
Employee Retirement Income Security Act

74
Plan of Distribution

76
Service of Process and Enforcement of Liabilities

80
Where You Can Find More Information

81
Further Information

82
Validity of Securities

83
Experts

84
Expenses of Issuance and Distribution

85
Table of Contents
PROHIBITION ON MARKETING AND SALES TO RETAIL INVESTORS
The Securities discussed in this prospectus supplement are complex financial instruments and are not a suitable or appropriate investment for all investors.
In some jurisdictions, regulatory authorities have adopted or published laws, regulations or guidance with respect to the offer or sale of securities such as
the Securities to retail investors.
In particular, in June 2015, the U.K. Financial Conduct Authority (the "FCA") published the Product Intervention (Contingent Convertible Instruments and
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Mutual Society Shares) Instrument 2015 (the "PI Rules"). In addition, (i) on 1 January 2018, the provisions of Regulation (EU) No. 1286/2014 on key
information documents for packaged and retail and insurance-based investment products ("PRIIPs") became directly applicable in all EEA member states
and (ii) the Markets in Financial Instruments Directive 2014/65/EU (as amended) ("MiFID II") was required to be implemented in EEA member states by
3 January 2018. Together the PI Rules, PRIIPs and MiFID II are referred to as the "Regulations."
The Regulations set out various obligations in relation to (i) the manufacture and distribution of financial instruments and (ii) the offering, sale and
distribution of packaged retail and insurance-based investment products and certain contingent write down or convertible securities, such as the Securities.
Potential investors in the Securities should inform themselves of, and comply with, any applicable laws, regulations or regulatory guidance with respect to
any resale of the Securities (or any beneficial interests therein) including the Regulations.
Certain of the underwriters are required to comply with some or all of the Regulations. By purchasing, or making or accepting an offer to purchase, any
Securities (or a beneficial interest in such Securities) from the Issuer and/or the underwriters, you represent, warrant, agree with and undertake to the Issuer
and each of the underwriters that:

1.
you are not a retail client (as defined in MiFID II);

2.
whether or not you are subject to the Regulations, you will not:

(A)
sell or offer the Securities (or any beneficial interest therein) to retail clients (as defined in MiFID II); or

(B)
communicate (including the distribution of this prospectus supplement or the accompanying prospectus) or approve an invitation or
inducement to participate in, acquire or underwrite the Securities (or any beneficial interests therein) where that invitation or

inducement is addressed to or disseminated in such a way that it is likely to be received by a retail client (in each case within the
meaning of MiFID II).
In selling or offering the Securities or making or approving communications relating to the Securities you may not rely on the limited
exemptions set out in the PI Rules;
and

3.
you will at all times comply with all applicable laws, regulations and regulatory guidance (whether inside or outside the EEA) relating to the
promotion, offering, distribution and/or sale of the Securities (or any beneficial interests therein), including (without limitation) MiFID II and

any other applicable laws, regulations and regulatory guidance relating to determining the appropriateness and/or suitability of an investment in
the Securities (or any beneficial interests therein) by investors in any relevant jurisdiction.
You further acknowledge that no key information document (KID) under PRIIPs has been prepared and therefore offering or selling the Securities or
otherwise making them available to any retail investor in the EEA may be unlawful under PRIIPs.

S-1
Table of Contents
IMPORTANT - PRIIPS REGULATION PROHIBITION OF SALES TO EEA RETAIL INVESTORS--The Securities are not intended to be
offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the EEA. For these
purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; or (ii) a customer
within the meaning of the Insurance Mediation Directive, where that customer would not qualify as a professional client as defined in point (10) of Article
4(1) of MiFID II. Consequently no key information document required by the PRIIPs Regulation for offering or selling the Securities or otherwise making
them available to retail investors in the EEA has been prepared and therefore offering or selling the Securities or otherwise making them available to any
retail investor in the EEA may be unlawful under the PRIIPs Regulation.
Where acting as agent on behalf of a disclosed or undisclosed client when purchasing, or making or accepting an offer to purchase, any Securities (or any
beneficial interests therein) from the Issuer and/or the underwriters the foregoing representations, warranties, agreements and undertakings will be given by
and be binding upon both the agent and its underlying client.

S-2
Table of Contents
FORWARD-LOOKING STATEMENTS
This prospectus supplement and certain documents incorporated by reference herein contain certain forward-looking statements within the meaning of
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Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"), and Section 27A of the U.S. Securities Act of 1933, as
amended (the "Securities Act"), with respect to the Group (as defined below). We caution readers that no forward-looking statement is a guarantee of
future performance and that actual results or other financial condition or performance measures could differ materially from those contained in the forward-
looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-
looking statements sometimes use words such as "may," "will," "seek," "continue," "aim," "anticipate," "target," "projected," "expect," "estimate,"
"intend," "plan," "goal," "believe," "achieve" or other words of similar meaning. Examples of forward-looking statements include, among others,
statements or guidance regarding or relating to the Group's future financial position, income growth, assets, impairment charges, provisions, business
strategy, capital, leverage and other regulatory ratios, payment of dividends (including dividend pay-out ratios and expected payment strategies), projected
levels of growth in the banking and financial markets, projected costs or savings, any commitments and targets, estimates of capital expenditures, plans and
objectives for future operations, projected employee numbers, IFRS 9 impacts and other statements that are not historical fact. By their nature, forward-
looking statements involve risk and uncertainty because they relate to future events and circumstances. These may be affected by changes in legislation, the
development of standards and interpretations under International Financial Reporting Standards ("IFRS") including the implementation of IFRS 9, evolving
practices with regard to the interpretation and application of accounting and regulatory standards, the outcome of current and future legal proceedings and
regulatory investigations, future levels of conduct provisions, the policies and actions of governmental and regulatory authorities, geopolitical risks and the
impact of competition. In addition, factors including (but not limited to) the following may have an effect: capital, leverage and other regulatory rules
applicable to past, current and future periods; United Kingdom ("U.K."), United States, Eurozone and global macroeconomic and business conditions; the
effects of any volatility in credit markets; market-related risks such as changes in interest rates and foreign exchange rates; effects of changes in valuation
of credit market exposures; changes in valuation of issued securities; volatility in capital markets; changes in credit ratings of any entities within the Group
or any securities issued by such entities; the potential for one or more countries exiting the Eurozone; the implications of the exercise by the U.K. of Article
50 of the Treaty of Lisbon and the disruption that may result in the U.K. and globally from the withdrawal of the U.K. from the European Union; and the
success of future acquisitions, disposals and other strategic transactions. A number of these influences and factors are beyond the Group's control. As a
result, the Group's actual future results, dividend payments and capital and leverage ratios may differ materially from the plans, goals, expectations and
guidance set forth in the Group's forward-looking statements. The list above is not exhaustive and there are other factors that may cause our actual results
to differ materially from the forward-looking statements contained in this prospectus supplement and the documents incorporated by reference herein. You
are also advised to read carefully the risk factors set out in the section entitled "Risk Factors" in this prospectus supplement and in our filings with the U.S.
Securities Exchange Commission (the "SEC"), including in our Annual Report on Form 20-F for the fiscal year ended December 31, 2017, filed with the
SEC on February 22, 2018 (the "2017 Form 20-F"), which are available on the SEC's website at http://www.sec.gov for a discussion of certain factors that
should be considered when deciding what action to take in relation to the Securities.
Any forward-looking statements made herein or in the documents incorporated by reference herein speak only as of the date they are made and it should
not be assumed that they have been revised or updated in the light of new information or future events. Except as required by the PRA (as defined below),
the Financial Conduct Authority (the "FCA"), the LSE, the SEC or applicable law, Barclays expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements contained in this prospectus supplement or in the documents incorporated by reference
herein to reflect any change in Barclays' expectations with regard thereto or any change in events, conditions or circumstances on which any such
statement is based. The reader should, however, consult any additional disclosures that Barclays has made or may make in documents it has published or
may publish via the Regulatory News Service of the LSE and/or has filed or may file with the SEC.

S-3
Table of Contents
INCORPORATION OF DOCUMENTS BY REFERENCE
This prospectus supplement is part of a registration statement on Form F-3 (File No. 333-223156) we have filed with the SEC under the Securities Act.
This prospectus supplement omits some information contained in the registration statement in accordance with SEC rules and regulations. You should
review the information in and exhibits to the registration statement for further information on us and the Securities. Statements in this prospectus
supplement concerning any document we have filed or will file as an exhibit to the registration statement or that we have otherwise filed with the SEC are
not intended to be comprehensive and are qualified in their entirety by reference to these filings. You should review the complete document to evaluate
these statements.
The SEC allows us to "incorporate by reference" much of the information we file with the SEC, which means that we can disclose important information
to you by referring you to those publicly available documents. The information that we incorporate by reference in this prospectus supplement is an
important part of this prospectus supplement. For information on the documents we incorporate by reference in this prospectus supplement and the
accompanying prospectus, we refer you to "Incorporation of Certain Documents by Reference" on page 4 of the accompanying prospectus. In particular,
we refer you to the 2017 Form 20-F for a discussion of our audited results of operations and financial condition as of, and for the year ended,
December 31, 2017 and our Current Reports on Form 6-K filed on March 29, 2018 (Film No. 18722225), April 20, 2018 (Film No. 18765638), April 26,
2018 (Film No. 18777099), May 21, 2018 (Film No. 18849189) and August 2, 2018 (Film No. 18987356), which are incorporated by reference into this
prospectus supplement.
In addition to the documents listed in the accompanying prospectus and the documents incorporated by reference since the date of the accompanying
prospectus, we incorporate by reference in this prospectus supplement and the accompanying prospectus any future documents we may file with the SEC
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under Section 13(a), 13(c), 14 or 15(d) of the Exchange Act from the date of this prospectus supplement until the offering contemplated in this prospectus
supplement is completed. Reports on Form 6-K we may furnish to the SEC after the date of this prospectus supplement (or portions thereof) are
incorporated by reference in this prospectus supplement only to the extent that the report expressly states that it is (or such portions are) incorporated by
reference in this prospectus supplement.
We will provide to you, upon your written or oral request, without charge, a copy of any or all of the documents referred to above or in the accompanying
prospectus which we have incorporated in this prospectus supplement by reference. You should direct your requests to Barclays Treasury, Barclays PLC,
1 Churchill Place, London E14 5HP, United Kingdom (telephone: 011-44-20-7116-1000).
CERTAIN DEFINITIONS
For purposes of this prospectus supplement:

· "Barclays Bank" refers to Barclays Bank PLC (or any successor entity);

· "BBUKPLC" refers to Barclays Bank UK PLC (or any successor entity);

· "Capital Regulations" means, at any time, the laws, regulations, requirements, standards, guidelines and policies relating to capital adequacy
and/or minimum requirement for own funds and eligible liabilities and/or loss absorbing capacity for credit institutions of either (i) the PRA

and/or (ii) any other national or European authority, in each case then in effect in the United Kingdom (or in such other jurisdiction in which
the Issuer may be organized or domiciled) and applicable to the Group including, as at the date hereof, CRD IV and related technical standards;

· "CET1 Capital" means, at any time, the sum, expressed in pounds sterling, of all amounts that constitute common equity tier 1 capital of the

Group at such time, less any deductions from common

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equity tier 1 capital required to be made at such time, in each case as determined by the Issuer on a consolidated basis in accordance with the
Capital Regulations applicable to the Group at such time (which determination shall be binding on the Trustee and the holders). For the

purposes of this definition, the term "common equity tier 1 capital" shall have the meaning assigned to such term in the Capital Regulations
then applicable to the Group;

· "The Depository Trust Company" or "DTC" shall include any successor clearing system;

· "CRD IV" means the legislative package consisting of Directive 2013/36/EU on access to the activity of credit institutions and the prudential

supervision of credit institutions and investment firms, as the same may be amended or replaced from time to time, and the CRD IV
Regulation;

· "CRD IV Regulation" means Regulation (EU) No. 575/2013 on prudential requirements for credit institutions and investment firms of the

European Parliament and of the Council of 26 June 2013, as the same may be amended or replaced from time to time;

· "Distributable Items" shall have the meaning assigned to such term in the Capital Regulations then applicable to the Issuer, but amended so
that for so long as there is any reference therein to "before distributions to holders of own funds instruments" it shall be read as a reference to
"before distributions to holders of Parity Securities, the Securities or any Junior Securities." Under CRD IV, as at the date hereof, "distributable
items" means the amount of the profits at the end of the last financial year plus any profits brought forward and reserves available for that

purpose before distributions to holders of own funds instruments less any losses brought forward, profits which are non-distributable pursuant
to provisions in legislation or the institution's by-laws and sums placed to non-distributable reserves in accordance with applicable national
law or the statutes of the institution, those losses and reserves being determined on the basis of the individual accounts of the institution and not
on the basis of the consolidated accounts;

· "fully loaded" means, in relation to a measure that is presented or described as being on a "fully loaded basis", that such measure is determined

without applying the transitional provisions set out in Part Ten of the CRD IV Regulation in accordance with the Capital Regulations
applicable to the Issuer as at the time such measure is determined;

· "fully loaded CET1 Ratio" means, at any time, the ratio of CET1 Capital at such time to the Risk Weighted Assets at such time, expressed as a

percentage and on the basis that all measures used in such calculation shall be determined on a fully loaded basis;

· "Group" refers to Barclays PLC (or any successor entity) and its consolidated subsidiaries;

· "Junior Securities" means any ordinary shares, securities or other obligations (including any guarantee, credit support or similar undertaking)

of the Issuer ranking, or expressed to rank, junior to the Securities in a winding-up or administration of the Issuer;

· "£" and "sterling" shall refer to the lawful currency for the time being of the United Kingdom;

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· "Parity Securities" means any preference shares, securities or other obligations (including any guarantee, credit support or similar undertaking)

of the Issuer ranking, or expressed to rank, pari passu with the Securities in a winding-up or administration of the Issuer;

· "PRA" means the Prudential Regulation Authority of the United Kingdom or such other governmental authority in the United Kingdom (or if

the Issuer becomes domiciled in a jurisdiction other than the United Kingdom, such other jurisdiction) having primary responsibility for the
prudential supervision of the Issuer;

· "Risk Weighted Assets" means, at any time, the aggregate amount, expressed in pounds sterling, of the risk weighted assets of the Group at

such time, as determined by the Issuer on a consolidated basis in accordance with the Capital Regulations applicable to the Group at such time
(which determination shall be binding on the Trustee and the holders and beneficial owners of the Securities). For the

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purposes of this definition, the term "risk weighted assets" means the risk weighted assets or total risk exposure amount, as determined by the

Issuer in accordance with the Capital Regulations applicable to the Group;

· "Tier 1 Capital" means Tier 1 Capital for the purposes of the Capital Regulations;

· "Tier 2 Capital" means Tier 2 Capital for the purposes of the Capital Regulations;

· "US$," "$" and "U.S. dollars" shall refer to the lawful currency for the time being of the United States; and

· "we," "us," "our," "Barclays" and the "Issuer" refer to Barclays PLC (or any successor entity), unless the context requires otherwise.

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SUMMARY
The following is a summary of this prospectus supplement and should be read as an introduction to, and in conjunction with, the remainder of this
prospectus supplement, the accompanying prospectus and any documents incorporated by reference therein. You should base your investment
decision on a consideration of this prospectus supplement, the accompanying prospectus and any documents incorporated by reference therein, as a
whole. Words and expressions defined in "Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities" below
shall have the same meanings in this summary and capitalized terms used in this summary but not otherwise defined in this summary shall have the
meaning given to them in "Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities" below.

The Issuer

Barclays PLC
The Group 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 the Group's two home markets of the U.K. and
the U.S. The Group is focused on two core divisions--Barclays UK and Barclays
International.

Both Barclays UK and Barclays International have historically operated within the
legal entity Barclays Bank PLC. However, on April 1, 2018, the Barclays UK division
formally separated into a new legal entity--BBUKPLC, which is the UK ring-fenced
bank. BBUKPLC offers everyday products and services to retail and consumer
customers and small to medium sized enterprises based in the U.K. Products and
services designed for the Group's larger corporate, wholesale and international banking
clients will continue to be offered by Barclays International from within Barclays
Bank PLC. BBUKPLC will operate alongside, but have the ability to take decisions
independently from, Barclays Bank PLC as part of the Group under the Issuer.

The Issuer is the ultimate holding company of the Group.
The Securities We Are Offering
We are offering $2,500,000,000 aggregate principal amount of 7.750% Fixed Rate
Resetting Perpetual Subordinated Contingent Convertible Securities (Callable
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September 15, 2023 and Every Five Years Thereafter). The Securities will constitute a
series of Contingent Convertible Securities issued under the Indenture (as defined

below).
Issue Date

August 14, 2018 (the "Issue Date").
Perpetual Securities
The Securities are perpetual securities and have no fixed maturity or fixed redemption

date.
Price to Public

100%.

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Interest Rate
From (and including) the Issue Date to (but excluding) September 15, 2023, the
interest rate on the Securities will be 7.750% per annum. From (and including) each
Reset Date to (but excluding) the next following Reset Date (each such period, a
"Reset Period"), the applicable per annum interest rate (the "Subsequent Interest
Rate") will be equal to the sum of the applicable Mid-Market Swap Rate (as defined
herein, such term subject to any replacement or fallback rate as described under
"Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible
Securities--Determination of Subsequent Interest Rate" below) on the relevant Reset

Determination Date (as defined herein) and 4.842% (the "Margin").
Reset Date

September 15, 2023 and each fifth anniversary date thereafter.
Reset Determination Date

The second Business Day (as defined herein) immediately preceding each Reset Date.
Mid-Market Swap Rate and Fallbacks
"Mid-Market Swap Rate" is the mid-market U.S. dollar swap rate LIBOR basis having
a five-year maturity appearing on Bloomberg page "USISDA05" (or such other page
as may replace such page on Bloomberg, or such other page as may be nominated by
the person providing or sponsoring the information appearing on such page for
purposes of displaying comparable rates (the "Relevant Screen Page")) at
approximately 11:00 a.m. (New York time) on the relevant Reset Determination Date,

as determined by the Calculation Agent (as defined herein).
If such swap rate does not appear on the Relevant Screen Page (in circumstances other
than those described under "--Replacement Benchmark" below), the relevant
Subsequent Interest Rate shall instead be determined as set out under "Description of
Fixed Rate Resetting Perpetual Subordinated Contingent Convertible
Securities--Determination of Subsequent Interest Rate--Mid-Market Swap Rate and

Fallbacks" below.
Replacement Benchmark
If the Issuer determines that the Mid-Market Swap Rate has ceased to be published on
the Relevant Screen Page as a result of such rate ceasing to be calculated or
administered when any rate of interest remains to be determined by such Mid-Market
Swap Rate, then the relevant Subsequent Interest Rate shall instead be determined as
set out under "Description of Fixed Rate Resetting Perpetual Subordinated Contingent
Convertible Securities--Determination of Subsequent Interest Rate--Replacement

Benchmark" below.

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Interest Payment Dates
March 15, June 15, September 15 and December 15 of each year, commencing on
December 15, 2018. A payment made on that first Interest Payment Date, if any,
would be in respect of the period from (and including) August 14, 2018, to (but

excluding) December 15, 2018 (and thus a long first interest period).
Regular Record Dates
The Business Day immediately preceding each Interest Payment Date (or, if the
Securities are held in definitive form, the 15th Business Day preceding each Interest

Payment Date).
Day Count

30/360, Following, Unadjusted.
Business Day
The term "Business Day" means any weekday, other than one on which banking
institutions are authorized or obligated by law, regulation or executive order to close in

London, United Kingdom, or in New York City.
Interest Payments Discretionary
Interest on the Securities will be due and payable only at the sole discretion of the
Issuer, and the Issuer shall have sole and absolute discretion at all times and for any
reason to cancel (in whole or in part) any interest payment that would otherwise be
payable on any Interest Payment Date. If the Issuer does not make an interest payment
on the relevant Interest Payment Date (or if the Issuer elects to make a payment of a
portion, but not all, of such interest payment), such non-payment shall evidence the
Issuer's exercise of its discretion to cancel such interest payment (or the portion of
such interest payment not paid), and accordingly such interest payment (or the portion

thereof not paid) shall not be due and payable.
See also "Description of Fixed Rate Resetting Perpetual Subordinated Contingent
Convertible Securities--Interest Cancellation--Agreement to Interest Cancellation "

and "--Notice of Interest Cancellation" below.
Restriction on Interest Payments
Subject to terms described below under "Description of Fixed Rate Resetting
Perpetual Subordinated Contingent Convertible Securities--Interest Cancellation--
Restriction on Interest Payments" and the extent permitted therein in respect of partial
interest payments, the Issuer shall not make an interest payment on the Securities on
any Interest Payment Date (and such interest payment shall therefore be deemed to
have been cancelled and thus shall not be due and payable on such Interest Payment

Date) if:

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(a) ??the Issuer has an amount of Distributable Items on such Interest Payment
Date that is less than the sum of (i) all distributions or interest payments
made or declared by the Issuer since the end of the last financial year and
prior to such Interest Payment Date on or in respect of any Parity Securities,
the Securities and any Junior Securities and (ii) all distributions or interest
payments payable by the Issuer (and not cancelled or deemed cancelled) on
such Interest Payment Date (x) on the Securities and (y) on or in respect of
any Parity Securities, in the case of each of (i) and (ii), excluding any

payments already accounted for in determining the Distributable Items; or
(b) ??the Solvency Condition (as defined below under "Description of Fixed Rate
Resetting Perpetual Subordinated Contingent Convertible

Securities--Ranking") is not satisfied in respect of such interest payment.
See also "Description of Fixed Rate Resetting Perpetual Subordinated Contingent
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Document Outline

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