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We have been advised by euroclear on the event details
To the extent accepted, offers will enable the issuer to enhance
Further the quality of its capital structure through the
Reduction of non-basel iii compliant tier one capital and
Subsequent generation of additional core tier one capital
Tender consideration
Purchase price: usd 765.00 per usd 1,000
Early tender payment: usd 50.00 per usd 1,000
Early tender consideration: usd 815.00 per usd
1,000
Accrued and unpaid interest
Accrued and unpaid interest will be paid up to, but not
Including, the settlement date
Minimum exercise amount
Tender instructions must be submitted in respect of a principal
Amount of securities of no less than usd 1,000 principal amount
And authorised denominations of usd 1,000 thereafter
Minimum aggregate offer acceptance amount
The tender offer is not conditional on a minimum aggregate amount
Of securities being tendered
Maximum aggregate offer acceptance amount
The maximum aggregate principal amount of securities to be
Accepted in the offers across all series of securities combined
(converted, in the case of dollar securities into pound sterling
At the fx rate) is the maximum tender amount of gbp 2,500,000,000
Proration
Subject to the terms and conditions of the offers, on each
Settlement date, the purchasers will accept for purchase the
Securities validly offered in the offers in accordance with the
Applicable acceptance priority levels (in numerical priority
Order) as set forth in the tender offer memorandum, with level 1
Being the highest priority level. On the relevant settlement
Date, all offered securities having a higher acceptance priority
Level will be accepted for purchase before any offered securities
Having a lower acceptance priority level. If the remaining
Maximum offer amount after acceptances of any securities with a
Higher acceptance priority level is not adequate to accept for
Purchase all of the validly offered and not validly withdrawn
Securities of a particular acceptance priority level, the
Purchasers will (subject to the terms and conditions of the
Offers) accept offered securities in such
Acceptance priority level on a pro rata basis (with each
Individual tender instruction subject to proration rounded, if
Necessary, down to the nearest authorized denomination for the
Series of securities in question)
Following the expiration or termination of the offers all
Securities that are offered for purchase prior to the early
Tender deadline will have priority over any securities that are
Offered for purchase after the early tender deadline.
Accordingly, if the aggregate principal amount of securities
Offered for purchase prior to the early tender deadline exceeds
The maximum offer amount, no securities offered for purchase
After the early tender deadline will be accepted for purchase
(even if they are acceptance priority level 1)
Poolfactor
Not applicable
Market timetable
Early market expiry date: 16/12/2011 at 5:00 pm new york time
Market expiry date: 03/01/2012 at 11:59 pm new york time
Market withdrawal date: instructions are irrevocable
Announcement of early tender results: 19/12/2011
Expected early settlement date: 22/12/2011
Announcement of result of offers: 04/01/2012
Expected late settlement date: 09/01/2012
Withdrawal rights
Instructions for the tender offer are irrevocable, except in the
Limited circumstances described in the tender offer documentation.
Conditions
Refer to the tender offer memorandum for the conditions of this
Tender offer.
Restrictions
Certain restrictions apply at beneficial owner
Holder level for the following countries:
United kingdom, belgium, france, italy
Us tender agent
Global bondholder services corporation
65 broadway — suite 404
New york, new york 10006
Banks and brokers call: (212) 430-3774
Toll free number: (866) 937-2200
Attention: corporate actions
Email: info(at)gbsc-usa.com
This corporate action notification does not constitute an offer
To sell or the solicitation of an offer to buy any securities by
Anyone in any jurisdiction
It is not, and should not be construed or treated as, investment
Or financial advice. In providing this information, euroclear
Bank is not acting as agent of the issuer
By sending an instruction to euroclear bank, you confirm that you
(and any beneficial owner(s) for whom you act) comply with the
Terms and conditions of the offer
If no instruction is required via euroclear bank for this
Corporate action, you should ensure full compliance with the
Terms of the offer and the agent’s requirements
action to be taken
Actions to be taken and deadline to be confirmed
Summary of the purchase offer
The invitations by the barclays bank plc on behalf of the bgp
Companies, to holders to tender their securities for purchase by
The relevant purchaser for cash, on the terms and subject to the
Conditions set out in the tender offer memorandum
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