Barclays Bank PLC Announces Expiration of Concurrent Exchange Offer and Cash Tender Offer and Preliminary Results - Seite 2

Final Results of the Exchange Offer

Pursuant to the Exchange Offer, Barclays has received and accepted 92,211 Old Notes validly tendered and not validly withdrawn prior to the expiration deadline of the Exchange Offer, representing 18.33% of the outstanding Old Notes as of the expiration deadline of the Exchange Offer. All conditions to the Exchange Offer were deemed satisfied or waived by Barclays as of the expiration deadline of the Exchange Offer. The aggregate number of New Notes to be issued by Barclays is 553,266, reflecting the previously announced exchange ratio per Old Note validly tendered in the Exchange Offer (and not validly withdrawn) prior to the expiration deadline and accepted for exchange (the “Exchange Ratio”) of six New Notes. On September 8, 2021 (the “Settlement Date”), Noteholders whose Old Notes have been accepted for exchange pursuant to the Exchange Offer will receive a number of New Notes based on the Exchange Ratio and Barclays will consolidate such New Notes to form a single class with the New Notes first issued on April 26, 2011 that are currently outstanding.

Preliminary Results of the Tender Offer

Pursuant to the Tender Offer, Barclays has received and accepted 40,891 Old Notes validly tendered and not validly withdrawn to date, representing 8.13% of the outstanding Old Notes to date. All conditions to the Tender Offer were deemed satisfied or waived by Barclays with respect to such Old Notes validly tendered and not validly withdrawn to date. Based on such preliminary results, the aggregate purchase price of the Old Notes expected to be accepted by Barclays is $5,051,666, reflecting the previously announced purchase price per Old Note validly tendered in the Tender Offer (and not validly withdrawn) prior to the expiration deadline and accepted for purchase (the “Purchase Price”) of $123.5398. On the Settlement Date, Noteholders whose Old Notes have been accepted for purchase pursuant to the Tender Offer will receive the Purchase Price.

Preliminary Results of the Consent Solicitation

Pursuant to the Consent Solicitation, Barclays does not expect to obtain the requisite consents to the Proposed Amendment based on the results set forth above and, accordingly, Barclays does not expect to effectuate the Proposed Amendment. Old Notes accepted by Barclays pursuant to the Exchange Offer or purchased by Barclays pursuant to the Tender Offer will be cancelled on the Settlement Date. Old Notes that were not validly tendered and/or accepted for exchange or purchase pursuant to the Exchange Offer or the Tender Offer, respectively, will remain outstanding after the Settlement Date.