Barclays PLC has announced a redemption of £1,000,000,000 of 7.125% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities, which will be redeemed on June 15, 2025. Holders will receive 100% of the principal plus accrued interest, with payment on June 16, 2025, and listing cancellation on the London Stock Exchange shortly after.