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Barclays PLC Capital/Financing Update 2016

Sep 8, 2016

5250_rns_2016-09-08_e0ea6da5-5892-4bd4-ac5f-3a3ca27a99c2.pdf

Capital/Financing Update

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BARCLAYS BANK PLC

(Incorporated with limited liability in England and Wales)

GBP 4,000,000 Securities due August 2020 issued on 8 September 2016 under the Global Structured Securities Programme (the "Tranche 7 Securities") to be consolidated and form a single series with the GBP 3,000,000 Securities due August 2020 issued on 25 August 2016 under the Global Structured Securities Programme (the "Tranche 6 Securities"), the GBP 1,000,000 Securities due August 2020 issued on 30 June 2016 under the Global Structured Securities Programme (the "Tranche 5 Securities"), the GBP 1,500,000 Securities due August 2020 issued on 7 April 2016 under the Global Structured Securities Programme (the "Tranche 4 Securities"), the GBP 1,000,000 Securities due August 2020 issued on 22 January 2016 under the Global Structured Securities Programme (the "Tranche 3 Securities"), the GBP 1,000,000 Securities due August 2020 issued on 22 December 2015 under the Global Structured Securities Programme (the "Tranche 2 Securities") and the GBP 10,000,000 Securities due August 2020 issued on 15 August 2014 under the Global Structured Securities Programme (the "Tranche 1 Securities" and, together with the Tranche 2 Securities, the Tranche 3 Securities, the Tranche 4 Securities, the Tranche 5 Securities, the Tranche 6 Securities and the Tranche 7 Securities, the "Securities")

Issue Price: 100 per cent.

This document constitutes the final terms of the Securities (the "Final Terms") described herein for the purposes of Article 5.4 of the Prospectus Directive and is prepared in connection with the Global Structured Securities Programme established by Barclays Bank PLC (the "Issuer"). This Final Terms is supplemental to and should be read in conjunction with the GSSP Base Prospectus 2 dated 3 June 2016, as supplemented on 23 August 2016 which constitutes a base prospectus (the "Base Prospectus" for the purposes of the Prospectus Directive), save in respect of the Terms and Conditions of the Securities which are extracted from the 2014 GSSP Base Prospectus 2 dated 6 June 2014 (the "2014 GSSP Base Prospectus 2") and which are incorporated by reference into the Base Prospectus. Full information on the Issuer and the offer of the Securities is only available on the basis of the combination of this Final Terms and the Base Prospectus, save in respect of the Terms and Conditions of the Securities which are extracted from the 2014 GSSP Base Prospectus 2. A summary of the individual issue of the Securities is annexed to this Final Terms. The Base Prospectus, any supplements to the Base Prospectus and the 2014 GSSP Base Prospectus 2 are available for viewing at http://irreports.barclays.com/prospectuses-anddocumentation/ structuredsecurities/prospectuses and during normal business hours at the registered office of the Issuer and the specified office of the Issue and Paying Agent for the time being in London, and copies may be obtained from such office. Words and expressions defined in the 2014 GSSP Base Prospectus 2 and not defined in the Final Terms shall bear the same meanings when used herein.

The Base Prospectus, any supplements to the Base Prospectus and the 2014 GSSP Base Prospectus 2 are available for viewing at http://irreports.barclays.com/prospectuses-anddocumentation/structured-securities/prospectuses and during normal business hours at the registered office of the Issuer and the specified office of the Issue and Paying Agent for the time being in London, and copies may be obtained from such office. Words and expressions defined in the 2014 GSSP Base Prospectus 2 and not defined in the Final Terms shall bear the same meanings when used herein.

BARCLAYS

Final Terms dated 8 September 2016

PART A – CONTRACTUAL TERMS

1. (a) Series number: NX000155537
(b) Tranche number: 7
The Securities shall be consolidated and form a
single series with the Tranche 1 Securities, the
Tranche 2 Securities, the Tranche 3 Securities, the
Tranche 4 Securities, the Tranche 5 Securities and
the Tranche 6 Securities.
2. Settlement Currency: GBP
3. Securities: Notes
4. Notes: Applicable
(a) Aggregate Nominal Amount as at the
Issue Date:
(i)
Tranche :
GBP 4,000,000
(ii)
Series:
GBP 21,500,000
(b) Specified Denomination: GBP 1.00
(c) Minimum Tradable Amount: Not Applicable
5. Certificates: Not Applicable
6. Calculation Amount: Specified Denomination
7. Issue Price: 100 per cent of the Aggregate Nominal Amount
8. Issue Date: In respect of the Tranche 1 Securities:15 August
2014
In
respect
of
the
Tranche
2
Securities:
22
December 2015
In respect of the Tranche 3 Securities: 22 January
2016
In respect of the Tranche 4 Securities: 7 April 2016
In respect of the Tranche 5 Securities: 30 June
2016
In respect of the Tranche 6 Securities: 25 August
2016
In respect of the Tranche 7 Securities: 8 September
2016
9. Scheduled Redemption Date: 17 August 2020
10. Underlying Performance Type: Worst-of
Provisions relating to interest (if any) payable
11. Interest Type: Phoenix without Memory
12. (a) Fixed Interest Type: Fixed Amount
(b) Fixed Interest Rate: 4.11 per cent.
(c) ISDA Determination: Not Applicable
(d) Screen Rate Determination: Not Applicable
(e) Bank
of
England
Base
Rate
Determination:
Not Applicable
(f) Margin: Not Applicable
(g) Minimum/Maximum Interest Rate: Not Applicable
(h) Fixed Interest Determination Date(s): Not Applicable
(i) Floating
Interest
Determination
Date(s):
Not Applicable
(j) Interest Valuation Date(s): The dates set out in Table 1 below in the
column entitled 'Interest Valuation Dates'.
(k) Interest Payment Date(s): The dates set out in Table 1 below in the
column entitled 'Interest Payment Date'.
(l) T: Not Applicable
(m) Observation Date(s): Not Applicable
(n) Interest Barrier Percentage: 65 per cent.
(o) Lower Barrier Percentage: Not Applicable
(p) Upper Barrier: Not Applicable
(q) Upper Barrier Percentage: Not Applicable
(r) Knock-out Barrier Percentage: Not Applicable
(s) Day Count Fraction: Not Applicable
(t) Interest Period End Dates: Not Applicable
(u) Interest Commencement Date: Not Applicable
(v) Linear Interpolation: Not Applicable
Table 1

Interest Valuation Date Interest Payment Date 9 February 2015 16 February 2015 10 August 2015 17 August 2015 8 February 2016 15 February 2016 8 August 2016 15 August 2016 8 February 2017 15 February 2017 8 August 2017 15 August 2017 8 February 2018 15 February 2018 8 August 2018 15 August 2018 8 February 2019 15 February 2019 8 August 2019 15 August 2019 10 February 2020 17 February 2020 10 August 2020 17 August 2020

Provisions relating to Automatic Redemption (Autocall)

13. Automatic Redemption (Autocall): Applicable
14. (a) Autocall Barrier Percentage: The percentages set out in Table 2 below in the
column entitled 'Autocall Barrier Percentage'.
(b) Autocall Valuation Date(s): entitled 'Autocall Valuation Date'. Each date set out in Table 2 below in the column
(c) Autocall Redemption Date(s): Each date set out in Table 2 below in the column
entitled 'Specified Early Cash Redemption Date'.
Table2
Autocall Valuation Date: Autocall Barrier Percentage: Autocall Redemption Date:
8 August 2017 100% 15 August 2017
8 February 2018 100% 15 February 2018
8 August 2018 100% 15 August 2018
8 February 2019 100% 15 February 2019
8 August 2019 100% 15 August 2019
10 February 2020 100% 17 February 2020
Provisions relating to Final Redemption
15. (a) Redemption Type: European Barrier
(c) Settlement Method: Cash
(d) Trigger Event Type: Not Applicable
(e) Final Barrier Percentage: Not Applicable
(f) Strike Price Percentage: 100 per cent.
(g) Knock-in Barrier Percentage: 65 per cent.
(h) Knock-in Barrier Period Start Date: Not Applicable
(i) Knock-in Barrier Period End Date: Not Applicable
(j) Lower Strike Price Percentage: Not Applicable
(k) Participation: Not Applicable
(l) Cap: Not Applicable
Provisions relating to Nominal Call Event
16. Nominal Call Event: Not Applicable
(a) Nominal Call Threshold Percentage: Not Applicable

Provisions relating to the Underlying Asset(s)

17. Underlying Asset
(a) Share: Not Applicable
(b) Indices: The Indices set out in Table 3 below in the column
entitled 'Index'.
(i)
Exchanges:
The Exchanges set out in Table 3 below in the
column entitled 'Exchange'.
(ii)
Related Exchanges:
The Related Exchanges set out in Table 3 below in
the column entitled 'Related Exchange'.
(iii) Underlying Asset Currencies: Not Applicable
Exchange:
Index: Exchange: Related Reuters Screen: Index Sponsor
Table 3
(vi) Index Sponsors: The Index Sponsors set out in Table 3 below in the
column entitled 'Index Sponsor'.
(v)
Reuters Screen:
The Reuters Screens set out in Table 3 below in the
column entitled 'Reuters Screen'.
(iv) Bloomberg Screen: Not Applicable

All Exchanges .FTSE FTSE

Exchange International
Limited
Eurostoxx 50
Index
Multi-exchange
Index
All Exchanges .STOXX50E STOXX Limited
18. Initial Price The Valuation Price of the Underlying Assets on the
Initial Valuation Date for such Underlying Assets
(a) Averaging-in Not Applicable
(b) Min Lookback-in: Not Applicable
(c) Max Lookback-in: Not Applicable
(d) Initial
Date:
Valuation 8 August 2014
19. Final
Price:
Valuation The Valuation Price of the Underlying Assets on the
Final Valuation Date
(a) Averaging-out Not Applicable
(b) Min Lookback-out: Not Applicable
(c) Max Lookback-out: Not Applicable
(d) Final
Date:
Valuation 10 August 2020

Provisions relating to disruption events and taxes and expenses

FTSE 100 Index London Stock

20. Consequences of a Disrupted Day (in
respect of an Averaging Date or
Lookback Date):
Not Applicable
(a) Omission: Not Applicable
(b) Postponement: Not Applicable
(c) Modified Postponement: Not Applicable
21. Additional Disruption Events:
(a) Change in Law: Applicable
(b) Currency Disruption Event: Applicable
(c) Hedging Disruption: Not Applicable
(d) Issuer Tax Event: Applicable
(e) Extraordinary Market Disruption: Applicable
(f) Increased Cost of Hedging: Not Applicable
(g) Affected
Jurisdiction
Hedging
Disruption:
Not Applicable
(h) Affected Jurisdiction Increased Cost
of Hedging:
Not Applicable
(i) Increased Cost of Stock Borrow: Not Applicable
(j) Loss of Stock Borrow: Not Applicable
(k) Foreign Ownership Event: Not Applicable
(l) Fund Disruption Event: Not Applicable
22. Early Cash Settlement Amount: Market Value
23. Early
Redemption
Notice
Period
Number:
As set out in General Condition 33.1 (Definitions)
24. Unwind Costs: Not Applicable
25. Settlement Expenses: Not Applicable
26. FX Disruption Event: Not Applicable
27. Local
Jurisdiction
Taxes
and
Expenses:
Not Applicable
General provisions
28. Form of Securities:
Global Bearer Securities:
Permanent Global Security
NGN Form: Applicable
Held under the NSS: Not Applicable
CGN Form: Not Applicable
CDIs: Not Applicable
29. Trade Date: Tranche 1 Securities Trade Date: 8 August 2014
Tranche 2 Securities
Trade Date: 15 December
2015
Tranche 3 Securities Trade Date: 15 January 2016
Tranche 4 Securities Trade Date: 31 March 2016
  1. Additional Business Centre(s): Not Applicable

7

2016

Tranche 5 Securities Trade Date: 23 June 2016 Tranche 6 Securities Trade Date: 18 August 2016 Tranche 7 Securities Trade Date: 2 September

31. Business Day Convention: Following
32. Determination Agent: Barclays Bank PLC
33. Registrar: Not Applicable
34. CREST Agent: Not Applicable
35. Transfer Agent: Not Applicable
36. (a) Names of Manager: Barclays Bank PLC
(b) Date of underwriting agreement: Not Applicable
(c) Names and addresses of secondary
trading
intermediaries
and
main
terms of commitment:
Not Applicable
37. Registration Agent: Not Applicable
38. Masse Category: Not Applicable
39. Governing Law: English law

PART B - OTHER INFORMATION

1. LISTING AND ADMISSION TO TRADING

  • (i) Listing and Admission to Trading: Application is expected to be made by the Issuer (or on its behalf) for the Securities to be listed on the official list and admitted to trading on the regulated market of the London Stock Exchange with effect from the Tranche 7 Securities Issue Date.
  • (ii) Estimate of total expenses related to admission to trading: Not Applicable

2. RATINGS

Ratings: The Securities have not been individually rated.

3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE OFFER

Save as discussed in risk factor 13 (Risks associated with conflicts of interest), so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.

4. REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES

  • (i) Reasons for the offer: General funding
  • (ii) Estimated net proceeds: Not Applicable
  • (iii) Estimated total expenses: Not Applicable

5. PERFORMANCE OF UNDERLYING ASSET, AND OTHER INFORMATION CONCERNING THE UNDERLYING ASSET

Reuters Screen: .FTSE and .STOXX50E Page and http://www.ftse.com and http://www.stoxx.com Index Disclaimers: FTSE® 100 Index and EURO STOXX 50® Index

6. OPERATIONAL INFORMATION

(a) ISIN: XS1068800777
(b) Common Code: 106880077
(c) Relevant Clearing System(s): Clearstream, Euroclear
(d) Delivery: Delivery free of payment

(e) Name and address of additional Paying Agent(s): Not Applicable

7. TERMS AND CONDITIONS OF THE OFFER

Authorised Offer(s)

(a) Public Offer: An offer of the Notes may be made, subject to the conditions set out below by the Authorised Offeror(s) (specified in (b) immediately below)

other than pursuant to Article 3(2) of the Prospectus Directive in the Public Offer Jurisdiction(s) (specified in (c) immediately below) during the Offer Period (specified in (d) immediately below) subject to the conditions set forth in the Base Prospectus and in (e) immediately below

Each financial intermediary specified in (i) and (ii) below:

(i) Specific consent: Not Applicable; and

(ii) General consent: Not Applicable

The United Kingdom

8 September 2016 from open to close of business hours (the "Offer Period")

Not Applicable

(a) Offer Price: The Issue Price

  • (b) Total amount of offer: Aggregate Nominal Amount

  • Other terms and conditions of the offer

(b) Name(s) and address(es), to the extent known to the Issuer, of the placers in the various countries where the offer takes place (together the "Authorised

(c) Jurisdiction(s) where the offer make take place (together, the "Public Offer

(d) Offer period for which use of the Base Prospectus is authorised by the

(e) Other conditions for use of the Base Prospectus by the Authorised

Offeror(s)"):

Jurisdictions(s)"):

Offeror(s):

Authorised Offeror(s):

(c) Conditions to which the offer is subject: There are no pre-identified allotment criteria. The Authorised Offeror will adopt allotment criteria that ensure equal treatment of prospective investors. A prospective investor will receive 100 per cent. of the amount of Securities allocated to it during the Offer Period.

The Issuer reserves the right to withdraw the offer for Securities at any time on or prior to the end of the Offer Period.

Following withdrawal of the offer, if any application has been made by any potential investor, each such potential investor shall not be entitled to subscribe or otherwise acquire the Securities and any applications will be automatically cancelled and any purchase money will be refunded to the applicant by the Authorised Offeror in accordance with the Authorised Offeror's usual procedures.

(d) Time period, including any possible amendments, during which the offer Investors will be notified by the Authorised Offeror of their allocations of Securities and the

will be open and description of the application process: settlement arrangements in respect thereof.

  • (e) Description of the application process: Applications for the Securities can be made during the Offer Period to the Authorised Offeror. Further information with respect to the application process will be available from the Authorised Offeror upon request. (f) Details of the minimum and/or maximum amount of application The minimum amount of application per investor will be GBP 1.00 in nominal amount of the
  • (g) Description of possibility to reduce subscriptions and manner for refunding excess amount paid by applicants:

Securities. Not Applicable

(h) Details of method and time limits for paying up and delivering the Securities:

  • (i) Manner in and date on which results of the offer are to be made public:
  • (j) Procedure for exercise of any right of pre-emption, negotiability of subscription rights and treatment of subscription rights not exercised:
  • (k) Whether tranche(s) have been reserved for certain countries:
  • (l) Process for notification to applicants of the amount allotted and indication whether dealing may begin before notification is made:
  • (m) Amount of any expenses and taxes specifically charged to the subscriber or purchaser:

Payment for Securities shall be made to the Authorised Offeror in accordance with the instructions provided by the Authorised Offeror. None of the amounts so transferred to the Authorised Offeror will bear interest. Such amounts will be returned only in the event of (i) cancellation of the offer of the Securities or (ii) overpayments, provided that, in each case, the amounts will be returned by the Authorised Offeror without any interest or compensation in accordance with the instructions of the relevant applicant set out in the related application form. The Securities will be delivered to the successful applicants on or about the Issue Date.

Investors will be notified by the Authorised Offeror of their allocations of Securities and the settlement arrangements in respect thereof.

Not Applicable

Not Applicable

Applicants will be notified directly by the Authorised Offeror of the success of their application. No dealings in the Securities may take place prior to the Issue Date.

Not Applicable

(n) Name(s) and address(es), to the extent known to the Issuer, of the placers in the various countries where the offer takes place: Not Applicable

SUMMARY

Section A – Introduction and Warnings
A.1 Introduction
and Warnings
This Summary should be read as an introduction to the Base Prospectus. Any
decision to invest in Securities should be based on consideration of the Base
Prospectus as a whole, including any information incorporated by reference, and
read together with the Final Terms.
Where a claim relating to the information contained in the Base Prospectus is
brought before a court, the plaintiff might, under the national legislation of the
relevant Member State of the European Economic Area, have to bear the costs of
translating the Base Prospectus before the legal proceedings are initiated.
No civil liability shall attach to any responsible person solely on the basis of this
Summary, including any translation thereof, unless it is misleading, inaccurate or
inconsistent when read together with the other parts of the Base Prospectus or it
does not provide, when read together with the other parts of the Base Prospectus,
key information in order to aid holders when considering whether to invest in the
Securities.
A.2 Consent by the
Issuer to the use
of prospectus in
subsequent
resale or final
placement of
Securities,
indication of
offer period and
conditions to
consent for
subsequent
resale or final
placement, and
warning.
The Issuer may provide the consent to the use of the Base Prospectus and Final
Terms for subsequent resale or final placement of Securities by financial
intermediaries, provided that the subsequent resale or final placement of
Securities by such financial intermediaries is made during the offer period
specified below. Such consent may be subject to conditions which are relevant for
the use of the Base Prospectus.
The Issuer consents to the use of the Base Prospectus and these Final Terms with
respect to the subsequent resale or final placement of Securities (a "Public Offer")
which satisfies all of the following conditions:
(a)
the Public Offer is only made in the United Kingdom;
(b)
the Public Offer is only made on 8 September 2016 from open to close of
business hours (the "Offer Period"); and
(c)
the Public Offer is only made by each financial intermediary whose name is
published
on
the
Issuer's
website
(http://irreports.barclays.com/prospectuses-and-documentation/structured
securities/final-terms) and who is identified as an authorised offeror for
these Securities.
Section B – Issuer
B.1 Legal and
commercial
name of the
Issuer
The Securities are issued by Barclays Bank PLC (the "Issuer")
B.2 Domicile and
legal form of
the Issuer,
legislation
The Issuer is a public limited company registered in England and Wales.
The principal laws and legislation under which the Issuer operates are laws of
England and Wales including the Companies Act.
under which
the Issuer
operates and
country of
incorporation
of the Issuer
B.4b Known trends
affecting the
Issuer and
industries in
which the
Issuer operates
The business and earnings of the Issuer and its subsidiary undertakings (together,
the "Bank Group" or "Barclays") can be affected by the fiscal or other policies and
other actions of various governmental and regulatory authorities in the UK, EU, US
and elsewhere, which are all subject to change. The regulatory response to the
financial crisis has led and will continue to lead to very substantial regulatory
changes in the UK, EU and US and in other countries in which the Bank Group
operates. It has also (amongst other things) led to (i) a more assertive approach
being demonstrated by the authorities in many jurisdictions; and (ii) enhanced
capital, leverage, liquidity and funding requirements (for example pursuant to the
fourth Capital Requirements Directive (CRD IV)). Any future regulatory changes
may restrict the Bank Group's operations, mandate certain lending activity and
impose other, significant compliance costs.
Known trends affecting the Issuer and the industry in which the Issuer operates
include:

continuing political and regulatory scrutiny of the banking industry which is
leading to increased or changing regulation that is likely to have a significant
effect on the structure and management of the Bank Group;

general changes in regulatory requirements, for example, prudential rules
relating to the capital adequacy framework and rules designed to promote
financial stability and increase depositor protection, increased regulation and
procedures for the protection of customers and clients of financial services
firms and an increased willingness on the part of regulators to investigate
past practices, vigorously pursue alleged violations and impose heavy
penalties on financial services firms;

increased levels of legal proceedings in jurisdictions in which the Bank Group
does business, including in the form of class actions;

the US Dodd-Frank Wall Street Reform and Consumer Protection Act, which
contains far-reaching regulatory reform (including restrictions on proprietary
trading and fund-related activities (the so-called 'Volcker rule');

the United Kingdom Financial Services (Banking Reform) Act 2013 which
gives United Kingdom authorities powers to implement measures for, among
others: (i) the separation of the United Kingdom and EEA retail banking
activities of the largest United Kingdom banks into a legally, operationally and
economically separate and independent entity (so-called 'ring-fencing'); (ii)
statutory depositor preference in insolvency; and (iii) a 'bail-in' stabilisation
option; and

changes in competition and pricing environments.
B.5 Description of
the group and
the Issuer's
position within
the group
Barclays is a major global financial services provider.
The whole of the issued ordinary share capital of the Issuer is beneficially owned
by Barclays PLC, which is the ultimate holding company of the Bank Group.
B.9 Profit forecast
or estimate
Not Applicable; the Issuer has chosen not to include a profit forecast or estimate.
B.10 Nature of any
qualifications
in audit report
on historical
financial
information
Not Applicable; the audit report on the historical financial information contains no
such qualifications.
B.12 Selected key
financial
information; No
material
adverse change
and no
significant
change
statements
Based on the Bank Group's audited financial information for the year ended 31
December 2015, the Bank Group had total assets of £1,120,727m (2014:
£1,358,693m), total net loans and advances of £441,046m (2014: £470,424m),
total deposits of £465,387m (2014: £486,258m), and total shareholders' equity of
£66,019m (2014: £66,045m) (including non-controlling interests of £1,914m
(2014: £2,251m)). The profit before tax from continuing operations of the Bank
Group for the year ended 31 December 2015 was £2,841m (2014: £2,309m) after
credit impairment charges and other provisions of £2,114m (2014: £2,168m). The
financial information in this paragraph is extracted from the audited consolidated
financial statements of the Issuer for the year ended 31 December 2015.
Based on the Bank Group's unaudited financial information for the six months
ended 30 June 2016, the Issuer Group had total assets of £1,351,958 million (30
June 2015: £1,197,555 million), total net loans and advances of £473,962 million
(30 June 2015: £475,826 million), total deposits of £500,919 million (30 June 2015:
£494,423 million), and total shareholders' equity of £69,599 million (30 June 2015:
£65,710 million) (including non-controlling interests of £2,976 million (30 June
2015: £2,153 million). The profit before tax from continuing operations of the
Issuer's Group for the six months ended 30 June 2016 was £3,017 million (30 June
2015: £2,635 million) after credit impairment charges and other provisions of
£931 million (30 June 2015: £779 million). The financial information in this
paragraph is extracted from the unaudited consolidated financial statements of
the Issuer for the six months ended 30 June 2016.
Not Applicable. There has been no significant change in the financial or trading
position of the Bank Group since 30 June 2016.
There has been no material adverse change in the prospects of the Issuer since 31
December 2015.
B.13 Recent events
particular to
the Issuer
which are
materially
relevant to the
evaluation of
Issuer's
solvency
Not Applicable
B.14 Dependency of
the Issuer on
other entities
within the
The whole of the issued ordinary share capital of the Issuer is beneficially owned
by Barclays PLC, which is the ultimate holding company of the Bank Group.
The financial position of the Issuer is dependent on the financial position of its
subsidiary undertakings.
group
B.15 Description of
the Issuer's
principal
activities
The Bank Group is a major global financial services provider engaged in retail and
commercial banking, credit cards, investment banking, wealth management and
investment management services with an extensive international presence in
Europe, the United States, Africa and Asia.
B.16 Description of
whether the
Issuer is
directly or
indirectly
owned or
controlled and
by whom and
nature of such
control
The whole of the issued ordinary share capital of the Issuer is beneficially owned
by Barclays PLC, which is the ultimate holding company of the Issuer and its
subsidiary undertakings.
Section C- Securities
C.1 Type and class
of Securities
being offered
and/or
admitted to
trading, and
security
identification
numbers
The securities ("Securities") described in this Summary:

are 'derivative securitie's and are issued as a series of notes or certificates;

are transferable obligations of the Issuer and have the terms and conditions
set out in this Base Prospectus as completed by the Final Terms;

will bear interest at a fixed rate, a floating rate or at a rate determined by
reference to the performance of one or more Underlying Asset(s) which could
be equity indices, shares, depository receipts or funds;

may (depending on the particular Securities) automatically redeem early if
the Underlying Asset(s) is/are above a certain level on any of the specified
dates;

if not redeemed early, will be redeemed on the scheduled redemption date at
an amount linked to the performance of the Underlying Asset(s);

may be cleared through a clearing system or uncleared and may be held in
bearer or registered form. Certain cleared Securities may be in dematerialised
and uncertificated book-entry form. Title to cleared Securities will be
determined by the books of the relevant clearing system; and

will be issued in one or more series and each series may be issued in one or
more tranches on the same or different issue dates. The Securities of each
series are intended to be interchangeable with all other Securities of that
series. Each series will be allocated a unique series number and an
identification code.
Issue Date: 8 September 2016
Interest: The amount of interest payable on the Securities is determined by
reference to a fixed rate of 4.11%. Whether or not interest is paid will depend on
the performance of the FTSE 100 Index and the EuroStoxx 50 Index
(the
"Underlying Assets"). In some cases the interest amount could be zero.
Early redemption following an 'automatic redemption (autocall) event': The
Securities will redeem prior to their scheduled redemption date if the closing price
or level of each Underlying Asset is at or above its corresponding Autocall Barrier
on any of the specified autocall valuation dates. If this occurs, you will receive a
cash payment equal to the nominal amount (or face value) of your Securities
payable on a specified payment date.
Final redemption: If the Securities have not redeemed early they will redeem on
the scheduled redemption date and the cash payment you receive or underlying
asset you are delivered (if any) will be determined by reference to the value of the
Underlying Assets on a specified valuation date or dates during the life of the
Securities.
Form: The Securities are notes. The Securities will initially be issued in global
bearer form.
Identification: Series number: NX000155537; Tranche number: 7
Identification Codes: ISIN: XS1068800777, Common Code 106880077
Determination Agent: Barclays Bank PLC (the "Determination Agent") will be
appointed to make calculations and determinations with respect to the Securities.
Governing Law: The Securities will be governed by English law.
C.2 Currency Subject to compliance with all applicable laws, regulations and directives,
Securities may be issued in any currency.
The Securities will be denominated in pounds sterling ("GBP").
C.5 Description of
restrictions on
free
Securities are offered and sold outside the United States to non-US persons in
reliance on Regulation S and must comply with transfer restrictions with respect to
the United States.
transferability
of the Securities
Securities held in a clearing system will be transferred in accordance with the rules,
procedures and regulations of that clearing system.
Subject to the above, the Securities will be freely transferable.
C.8 Description of
rights attached
to the
Securities,
including
ranking and
limitations to
those rights
Rights: Each Security includes a right to a potential return of interest and amount
payable or deliverable on redemption together with certain ancillary rights such as
the right to receive notice of certain determinations and events and to vote on
future amendments.
Taxation:
All payments in respect of the Securities shall be made without
withholding or deduction for or on account of any UK taxes unless such
withholding or deduction is required by law. In the event that any such
withholding or deduction is required by law, the Issuer will, save in limited
circumstances, pay additional amounts to cover the amounts so withheld or
deducted.
Events of default: If the Issuer fails to make any payment due under the Securities
or breaches any other provision of the Securities (and such failure is not remedied
within 30 days, or, in the case of interest, 14 days), or the Issuer is subject to a
winding-up order, then (subject, in the case of interest, to the Issuer being
prevented from payment for a mandatory provision of law) the Securities will
become immediately due and payable, upon notice being given by the holder (or,
in the case of French law Securities, the representative of the holders).
Ranking: The Securities are direct, unsubordinated and unsecured obligations of
the Issuer and rank equally among themselves.
Limitations to rights: Notwithstanding that the Securities are linked to the
performance of the underlying asset(s), Holders do not have any rights in respect
of the underlying assets(s). The terms and conditions of the Securities contain
provisions for calling meetings of holders to consider matters affecting their
interests generally and these provisions permit defined majorities to bind all
holders, including holders who did not attend and vote at the relevant meeting and
holders who voted in a manner contrary to the majority. Further, in certain
circumstances, the Issuer may amend the terms and conditions of the Securities,
without the holders' consent. The terms and conditions of the Securities permit the
Issuer and the Determination Agent (as the case may be), on the occurrence of
certain events and in certain circumstances, without the holders' consent, to make
adjustments to the terms and conditions of the Securities, to redeem the Securities
prior to maturity, (where applicable) to postpone valuation of the underlying
asset(s) or scheduled payments under the Securities, to change the currency in
which the Securities are denominated, to substitute the Issuer with another
permitted entity subject to certain conditions, and to take certain other actions
with regard to the Securities and the underlying asset(s) (if any).
C.11 Admission to
trading
Securities may be listed and admitted to trading on a regulated market in Belgium,
Denmark, Finland, France, Ireland, Italy, Luxembourg, Malta, the Netherlands,
Norway, Portugal, Spain, Sweden or the United Kingdom. Securities may be listed
and admitted to trading on a market in Switzerland or Italy that is not a regulated
market for the purposes of the Prospectus Directive.
Application is expected to be made by the Issuer to list the Securities on the
official list and admit the Securities to trading on the regulated market of the
London Stock Exchange with effect from the Tranche 7 Issue Date.
C.15 Description of
how the value
of the
The return on, and value of, Securities will be linked to the performance of one or
more specified equity indices, shares, depository receipts or funds or a
combination of these.
investment is
affected by the
value of the
underlying
The underlying assets for this issue of Securities are: the FTSE 100 Index and the
Eurostoxx 50 Index (the "Underlying Assets").
Calculations in respect of amounts payable under the Securities are made by
reference to a "Calculation Amount", being GBP 1.00. Where the Calculation
Amount is different from the specified denomination of the Securities, the amount
payable will be scaled accordingly.
Indicative amounts: If the Securities are being offered by way of a Public Offer and
any specified product values are not fixed or determined at the commencement of
the Offer Period, these specified product values will specify an indicative amount,
indicative minimum amount, an indicative maximum amount or any combination
thereof. In such case, the relevant specified product value(s) shall be the value
determined based on market conditions by the Issuer on or around the end of the
Offer Period. Notice of the relevant specified product value will be published prior
to the Issue Date.
INTEREST
Phoenix without memory interest: Each Security will only pay interest on an
Interest Payment Date if the closing price or level of every Underlying Asset on the
relevant Interest Valuation Date is greater than or equal to its corresponding
Interest Barrier. If this occurs, the amount of interest payable with respect to that
Interest Valuation Date is calculated by multiplying the fixed rate of 4.11% by GBP
1.00.
Interest Payment Interest Barrier
Interest Valuation Date: Date: Percentage:
9 February 2015 16 February 2015 65.00%
10 August 2015 17 August 2015 65.00%
8 February 2016 15 February 2016 65.00%
8 August 2016 15 August 2016 65.00%
8 February 2017 15 February 2017 65.00%
8 August 2017 15 August 2017 65.00%
8 February 2018 15 February 2018 65.00%
8 August 2018 15 August 2018 65.00%
8 February 2019 15 February 2019 65.00%
8 August 2019 15 August 2019 65.00%
10 February 2020 17 February 2020 65.00%
10 August 2020 17 August 2020 65.00%

AUTOMATIC REDEMPTION (AUTOCALL)

The Securities will automatically redeem prior to their scheduled redemption date if the closing price or level of every Underlying Asset is at or above its corresponding Autocall Barrier on any Autocall Valuation Date (an "Automatic Redemption (Autocall) Event"). If this occurs, you will receive a cash payment equal to the nominal amount of your Securities payable on the Autocall Redemption Date corresponding to such Autocall Valuation Date.

Each Autocall Valuation Date and the corresponding Autocall Barriers are as follows:

Autocall
Valuation Date:
Autocall
Redemption Date
Autocall Barrier:
8 August 2017 15 August 2017 100% of the Initial Price
8 February 2018 15 February 2018 100% of the Initial Price
8 August 2018 15 August 2018 100% of the Initial Price
8 February 2019 15 February 2019 100% of the Initial Price
8 August 2019 15 August 2019 100% of the Initial Price
10 February 2020 17 February 2020 100% of the Initial Price

FINAL REDEMPTION

If the Securities have not redeemed early they will redeem on the Scheduled Redemption Date at an amount that is dependent on each of the following:

  • The 'Initial Price' of the Worst Performing Underlying Asset, which reflects the price or level of that asset near the issue date of the Securities;
  • 'Final Valuation Price' of the Worst Performing Underlying Asset, which reflects the price or level of that asset near the Scheduled Redemption Date;
  • The 'Strike Price' of the Worst Performing Underlying Asset, which is calculated as 100% multiplied by the Initial Price of that asset;

The 'Knock-in Barrier Price' of the Worst Performing Underlying Asset,
which is calculated as 65% multiplied by the Initial Price of that asset.
Initial Price: The Initial Price of each Underlying Asset is the closing price or level
of such Underlying Asset on the Initial Valuation Date.
Final Valuation Price: The Final Valuation Price of each Underlying Asset is the
closing price or level of such Underlying Asset on 10 August 2020, the "Final
Valuation Date".
Worst Performing Underlying Asset: The Knock-in Barrier Price, Final Valuation
Price and Strike Price to be considered for the purposes of determining the final
redemption amount will be the Knock-in Barrier Price, Final Valuation Price or
Strike Price of the Underlying Asset with the lowest Performance. The
'Performance' of each Underlying Asset is calculated by dividing the Final Valuation
Price of an asset by its Initial Price.
* * * *
European Barrier redemption: If the Final Valuation Price is greater than or equal
to the Knock-in Barrier Price, you will receive a cash amount per Calculation
Amount equal to GBP 1.00. Otherwise:
you will receive a cash amount per Calculation Amount, calculated by dividing the
Final Valuation Price by the Strike Price and multiplying the result by the
Calculation Amount.
C.16 Expiration or
maturity date of
the Securities
The Securities are scheduled to redeem on the scheduled redemption date. This
day may be postponed following the postponement of a valuation date due to a
disruption event.
The scheduled redemption date of the issue of Securities is 17 August 2020.
C.17 Settlement
procedure of
the derivative
securities
The Securities will be cleared and settled through Euroclear Bank S.A./N.V.
Clearstream Banking société anonyme.
C.18 Description of
how the return
on derivative
securities takes
place
The return on, and value of, the Securities will be linked to the performance of the
Underlying Assets.
Payments of interest will depend on the performance of each Underlying Asset
during the life of the Securities. A fall in the price of any Underlying Asset below a
specified level on any Interest Valuation Date will reduce the amount of interest
payable on the Securities.
The value of, and return on (if any), the Securities will depend on the performance
of each Underlying Asset on each Autocall Valuation Date. If no Automatic
Redemption (Autocall) Event has occurred on an Autocall Valuation Date and the
Underlying Assets perform negatively over the life of the Securities, a holder may
sustain a loss of part or all of the amount invested in the Securities.
C.19 Final reference
price of the
underlying
The final reference level of any equity index, or final reference price of any share,
depository receipt or fund to which Securities are linked, will be determined by
reference to a publicly available source on a specified date or dates.
The final valuation price of each Underlying Asset is the closing price or level of
such Underlying Assets
on the Final Valuation Date, as determined by the
Determination Agent.
C.20 Type of
underlying
Securities may be linked to one or more: common shares; depositary receipts
representing common shares; exchange traded funds (ETFs) (being a fund, pooled
investment vehicle, collective investment scheme, partnership, trust or other
similar legal arrangement and holding assets, such as shares, bonds, indices,
commodities, and/or other securities such as financial derivative instruments); or
equity indices.
The Underlying Assets for this issue of Securities are: the FTSE™ 100 Index and the
EURO STOXX 50® Index.
Information about the Underlying Assets is available at: http://www.ftse.com and
http://www.stoxx.com
Section D – Risks
D.2 Key information
on the key risks
that are specific
to the Issuer
Principal Risks relating to the Issuer: Material risks and their impact are described
below in two sections: (i) Material existing and emerging risks by Principal Risk
and (ii) Material existing and emerging risks potentially impacting more than one
Principal Risk. The five principal risks are currently categorised as: (1) Credit Risk;
(2) Market Risk; (3) Funding Risk; (4) Operational Risk; and (5) Conduct Risk
(within the meaning of the Issuer's Enterprise Risk Management Framework, each
a "Principal Risk").
(i)
Material existing and emerging risks by Principal Risk:
Credit risk: The financial condition of the Group's customers, clients and
counterparties, including governments and other financial institutions, could
adversely affect the Group. The term "Group" means Barclays PLC together
with its subsidiaries. The Group may suffer financial loss if any of its
customers, clients or market counterparties fails to fulfil their contractual
obligations to the Group. Furthermore, the Group may also suffer loss when
the value of the Group's investment in the financial instruments of an entity
falls as a result of that entity's credit rating being downgraded. In addition,
the Group may incur significant unrealised gains or losses due to changes in
the Group's credit spreads or those of third parties, as these changes affect
the fair value of the Group's derivative instruments, debt securities that the
Group holds or issues, and loans held at fair value.
Market risk: The Group's financial position may be adversely affected by
changes in both the level and volatility of prices leading to lower revenues,
or reduced capital. The Group is also at risk from movements in foreign
currency exchange rates as these impact the sterling equivalent value of
foreign currency denominated assets in the banking book, exposing it to
currency translation risk.
Funding risk: The ability of the Group to achieve its business plans may be
adversely impacted if it does not effectively manage its capital (including
leverage), liquidity and other regulatory requirements. The Group may not
be able to achieve its business plans due to: (i) being unable to maintain
appropriate capital ratios; (ii) being unable to meet its obligations as they
fall due; (iii) rating agency methodology changes resulting in ratings
downgrades; and (iv) adverse changes in foreign exchange rates on capital
ratios.
Operational risk: The operational risk profile of the Group may change as a
result of human factors, inadequate or failed internal processes and systems,

or external events. The Group is exposed to many types of operational risk. This includes: fraudulent and other internal and external criminal activities; the risk of breakdowns in processes, controls or procedures (or their inadequacy relative to the size and scope of the Group's business); systems failures or an attempt, by an external party, to make a service or supporting infrastructure unavailable to its intended users, and the risk of geopolitical cyber threat activity which destabilises or destroys the Group's information technology, or critical infrastructure the Group depends upon but does not control. The Group is also subject to the risk of business disruption arising from events wholly or partially beyond its control for example natural disasters, acts of terrorism, epidemics and transport or utility failures, which may give rise to losses or reductions in service to customers and/or economic loss to the Group. All of these risks are also applicable where the Group relies on outside suppliers or vendors to provide services to it and its customers. The operational risks that the Group is exposed to could change rapidly and there is no guarantee that the Group's processes, controls, procedures and systems are sufficient to address, or could adapt promptly to, such changing risks to avoid the risk of loss.

Legal, competition and regulatory matters: Legal disputes, regulatory investigations, fines and other sanctions relating to conduct of business and financial crime may negatively affect the Group's results, reputation and ability to conduct its business.

Risks arising from regulation of the financial services industry: The financial services industry continues to be the focus of significant regulatory change and scrutiny which may adversely affect the Group's business, financial performance, capital and risk management strategies.

Conduct risk:

Organisational Change: The Group is at risk of not being able to meet customer and regulatory expectations due to a failure to appropriately manage the: (i) complexity in business practice, processes and systems; (ii) challenges faced in product suitability, automation and portfoliolevel risk monitoring; (iii) resilience of its technology; and, (iv) execution strategy, including the failure to fulfil the high level of operational precision required for effective execution in order to deliver positive customer outcomes.

Legacy Issues: Barclays remains at risk from the potential outcomes of a number of investigations relating to its past conduct. Many stakeholders will remain sceptical and so the risk to Barclays' reputation will remain. Barclays continues to work to rebuild customer trust and market confidence impacted by legacy issues.

Market Integrity: There are potential risks arising from conflicts of interest. While primarily relevant to the Investment Bank, these potential risks may also impact the corporate and retail customer base.

Financial Crime: The Group, as a global financial services firm, is exposed to the risks associated with money laundering, terrorist financing, bribery and corruption and sanctions.

Any one, or combination, of the above risks could have significant

impact on the Group's reputation and may also lead to potentially large
costs to both rectify this issue and reimburse losses incurred by
customers and regulatory censure and penalties.
(ii)
Material existing and emerging risks potentially impacting more than one
Principal Risk:
Structural Reform (emerging risk):
The UK Financial Services (Banking Reform) Act 2013 (the UK Banking
Reform Act) and associated secondary legislation and regulatory rules,
require the separation of the Group's UK and EEA retail and SME deposit
taking activities into a legally, operationally and economically separate and
independent entity and restrict the types of activity such an entity may
conduct (so-called 'ring fencing').
Business conditions, general economy and geopolitical issues:
The Group's performance could be adversely affected in relation to more than
one Principal Risk by a weak or deteriorating global economy or political
instability. These factors may also occur in one or more of the Group's main
countries of operation. The Group offers a broad range of services to retail,
institutional and government customers, in a large number of countries. The
breadth of these operations means that deterioration in the economic
environment, or an increase in political instability in countries where it is
active, or any other systemically important economy, could adversely affect
the Group's performance.
Business Change/Execution (emerging risk):
As Barclays moves towards a single point of entry (Holding Company)
resolution model and implementation of the Structural Reform Programme
Execution, the expected level of structural and strategic change to be
implemented over the medium term will be disruptive and is likely to increase
funding and operational risks for the Group and could impact its revenues
and businesses.
If any of the risks were to occur, singly or in aggregate, they could have a
material adverse effect on the Group's business, results of operations and
financial condition.
Regulatory action in the event a bank in the Group (such as the Issuer) is failing
or likely to fail could materially adversely affect the value of the Securities: The
Bank Recovery and Resolution Directive (the "BRRD") provides an EU-wide
framework for the recovery and resolution of credit institutions and investment
firms, their subsidiaries and certain holding companies. The BRRD (including the
Bail-In tool) was implemented in the United Kingdom Banking Act 2009 as
amended ("Banking Act") in January 2015 and came into force on 1 January 2016.
The Banking Act confers substantial powers on a number of UK authorities
designed to enable them to take a range of actions in relation to UK banks or
investment firms and certain of their affiliates in the event a bank or investment
firm in the same group is considered to be failing or likely to fail. The exercise of
any of these actions in relation to the Issuer could materially adversely affect the
value of the Securities.
Under the terms of the Securities, investors have agreed to be bound by the
exercise of any UK bail-in power by the relevant UK resolution authority.
A downgrade of the credit rating assigned by any credit rating agency to the
Issuer could adversely affect the liquidity or market value of the Securities.
Credit ratings downgrade could occur as a result of, among other causes,
changes in the ratings methodologies used by credit rating agencies. Changes in
credit rating agencies' views of the level of implicit sovereign support for
European banks and their groups are likely to lead to credit ratings downgrades.
The Issuer is affected by risks affecting the Group: The Issuer is also affected by
risks affecting the Group as there is substantial overlap in the businesses of the
Issuer and its subsidiaries. Further, the Issuer can be negatively affected by risks
and other events affecting its subsidiaries even where the Issuer is not directly
affected.
D.6 Key information You may lose some or all of your investment.
on the key risks
that are specific
to the
Securities;
including a risk
warning that
investors may
lose some or all
of the value of
their
investment
The terms of the Securities do not provide for scheduled minimum payment of
the face value or issue price of the Securities at maturity: depending on the
performance of the Underlying Asset(s), you may lose some or all of your
investment.
The payment of any amount or delivery of any property due under the Securities
is dependent upon the Issuer's ability to fulfil its obligations when they fall due.
The Securities are unsecured obligations. They are not deposits and they are not
protected under the UK's Financial Services Compensation Scheme or any other
deposit protection insurance scheme. Therefore, if the Issuer fails or is otherwise
unable to meet its payment or delivery obligations under the Securities, you will
lose some or all of your investment.
You will lose up to the entire value of your investment if the Issuer fails or is
otherwise unable to meet its payment obligations.
You may also lose some or all of your entire investment if:

you sell your Securities prior to maturity in the secondary market (if any) at an
amount that is less than the initial purchase price;

the Securities are redeemed early following the occurrence of an extraordinary
event in relation to the Underlying Asset(s), the Issuer, the Issuer's hedging
arrangement, the relevant currencies or taxation (such as following an
additional disruption event) and the amount you receive on such redemption is
less than the initial purchase price; and/or

the terms and conditions of the Securities are adjusted (in accordance with the
terms and conditions of the Securities) with the result that the redemption
amount payable to you and/or the value of the Securities is reduced.
Return linked to performance of Underlying Assets: The return payable on the
Securities is linked to the change in value of the Underlying Assets over the life of
the Securities. Any information about the past performance of any Underlying
Asset should not be taken as an indication of how prices will change in the future.
You will not have any rights of ownership, including, without limitation, any voting
rights or rights to receive dividends, in respect of any Underlying Asset.
Reinvestment risk/loss of yield: Following an early redemption of the Securities
for any reason, holders may be unable to reinvest the redemption proceeds at a
rate of return as high as the return on the Securities being redeemed.
Equity Index risks: Securities linked to the performance of equity indices provide
investment diversification opportunities, but will be subject to the risk of
fluctuations in both equity prices and the value and volatility of the relevant equity
index. Securities linked to equity indices may not participate in dividends or any
other distributions paid on the shares which make up such indices, accordingly,
you may receive a lower return on the Securities than you would have received if
you had invested directly in those shares.
The Index Sponsor can add, delete or substitute the components of an equity index
at its discretion, and may also alter the methodology used to calculate the level of
such index. These events may have a detrimental impact on the level of that index,
which in turn could have a negative impact on the value of and return on the
Securities.
Capped return: As the redemption amount is subject to a cap, the value of or
return on your Securities may be significantly less than if you had purchased the
Underlying Asset(s) directly.
Worst-of: You are exposed to the performance of every Underlying Asset.
Irrespective of how the other Underlying Assets perform, if any one or more
Underlying Assets fail to meet a relevant threshold or barrier for the payment of
interest or the calculation of any redemption amount, you might receive no
interest payments and/or could lose some or all of your initial investment.
Volatile market prices: The market value of the Securities is unpredictable and
may be highly volatile, as it can be affected by many unpredictable factors,
including: market interest and yield rates; fluctuations in currency exchange rates;
exchange controls; the time remaining until the Securities mature; economic,
financial, regulatory, political, terrorist, military or other events in one or more
jurisdictions; changes in laws or regulations; and the Issuer's creditworthiness or
perceived creditworthiness.
Section E – Offer
E.2b Reasons for The net proceeds from each issue of Securities will be applied by the Issuer for its
offer and use of general corporate purposes, which include making a profit and/or hedging certain
risks. If the Issuer elects at the time of issuance of Securities to make different or
proceeds when more specific use of proceeds, the Issuer will describe that use in the Final Terms.
different from
making profit
Not Applicable: the net proceeds will be applied by the Issuer for making profit
and/or hedging and/or hedging certain risks.
certain risks
E.3 Description of The terms and conditions of any offer of Securities to the public may be
the terms and determined by agreement between the Issuer and the dealer at the time of each
conditions of issue.
the offer The Securities are offered subject to the following conditions:
Offer Price: The Issue Price
Conditions to which the offer is subject: The Issuer reserves the right to withdraw
the offer for Securities at any time on or prior to the end of the Offer Period.
Following withdrawal of the offer, if any application has been made by any
potential investor, each such potential investor shall not be entitled to subscribe or
otherwise acquire the Securities and any applications will be automatically
cancelled and any purchase money will be refunded to the applicant by the
Distributor in accordance with the Distributor's usual procedures.
Description of the application process: An offer of the Securities may be made by
the Manager or the Authorised Offeror other than pursuant to Article 3(2) of the
Prospectus Directive in the United Kingdom (the "Public Offer Jurisdiction") on 8
September 2016 from open to close of business hours (the "Offer Period").
Applications for the Securities can be made in the Public Offer Jurisdiction through
the Distributor in the Public Offer Jurisdiction during the Offer Period. The
Securities will be placed into the Public Offer Jurisdiction by the Distributor.
Distribution will be in accordance with the Distributor's usual procedures, notified
to investors by the Distributor.
Details of the minimum and/or maximum amount of application: The minimum
and maximum amount of application from the Distributor will be notified to
investors by the Distributor.
Details of the method and time limits for paying up and delivering the Securities:
see Part B, 8(v).
Manner in and date on which results of the offer are to be made public: Investors
will be notified by the Distributor of their allocations of Securities and the
settlement arrangements in respect thereof.
Procedure for exercise of any right or pre-emption, negotiability of subscription
rights and treatment of subscription rights not exercised: Not Applicable
Categories of investors to which the Securities are offered and whether
Tranche(s) have been reserved for certain countries: Not Applicable
Process for notification to applicants of the amount allotted and the indication
whether dealing may begin before notification is made: Each investor will be
notified by the Distributor of its allocation of Securities at the time of such
investor's application.
See Part B, 8(viii)
Name(s) and address(es), to the extent known to the Issuer, of the placers in the
various countries where the offer takes place: None
E.4 Description of
any interest
material to the
issue/offer,
including
conflicting
interests
The relevant dealers or Manager may be paid fees in relation to any issue or offer
of Securities. Potential conflicts of interest may exist between the Issuer,
Determination Agent, relevant dealers and/or Manager or their affiliates (who
may have interests in transactions in derivatives related to the Underlying Asset(s)
which may, but are not intended to, adversely affect the market price, liquidity or
value of the Securities) and investors.
E.7 Estimated
expenses
charged to
investor by
The Issuer will not charge any expenses to investors in connection with any issue
of Securities. Offerors may, however, charge expenses to investors. Such expenses
(if any) will be determined by agreement between the offeror and the investors at
the time of each issue.
issuer/offeror Not Applicable; no expenses will be charged to the investor by the Issuer or the
offeror.