Barclays H1 2022 Results
Update on Over-issuance of Securities
Key updates since
Q122 results
•
Barclays PLC and Barclays Bank PLC (BBPLC) each filed a Form 20-F/A, completing the restatement process
• Commenced £1bn share buyback announced at FY21
•
BBPLC filed an automatic shelf registration on Form F-3, under which it can issue unlimited amount of securities
Prepared rescission offer for launch
£165m provision related to estimated monetary penalty from SEC
1 August 2022
12 September 2022
14 September 2022
Timeline of
rescission offer
Launch rescission offer
Expected end of rescission
offer
•
Next steps
•
External-led counsel review to be completed shortly
Consider findings of the review and take appropriate actions in response
•
Continue to engage with regulators
4 | Barclays H1 2022 Results | 28 July 2022
Communication of initial results
of rescission offer
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