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Barclays PLC Updates On Rights Issue
Barclays PLC announced on July 30, 2013, as part of its Leverage Plan, an underwritten Rights Issue to raise approximately GBP5.8 billion (net of expenses). Further to such announcement, Barclays announced the expected record time for Ordinary Shareholders for the Rights Issue. It is anticipated that the record time for Ordinary Shareholders' entitlement to participate in the Rights Issue shall be the close of business (London time) on September 13, 2013 (the Record Time). As a result (and as outlined in the announcement of July 30, 2013) Ordinary Shares issued to participants in the new Scrip Dividend Programme who have elected to receive all or any part of their entitlement to the second interim dividend in Ordinary Shares will be issued prior to the Record Time and will therefore be eligible to participate in the Rights Issue.
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