Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
May 16 2022 - 7:34AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
May 16,
2022
Barclays PLC
(Name
of Registrant)
1 Churchill Place
London E14 5HP
England
(Address
of Principal Executive Office)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover of Form 20-F or Form 40-F.
Form
20-F x Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No
x
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b):
This
Report on Form 6-K is filed by Barclays PLC.
This
Report comprises:
Information
given to The London Stock Exchange and furnished pursuant
to
General
Instruction B to the General Instructions to Form 6-K.
EXHIBIT
INDEX
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
BARCLAYS
PLC
|
|
(Registrant)
|
Date:
May 16, 2022
|
By: /s/
Garth Wright
--------------------------------
|
|
Garth
Wright
|
|
Assistant
Secretary
|
16 May 2022
Barclays PLC
Restatement of Barclays PLC financial statements in its 2021 Form
20-F
Barclays PLC ("BPLC") disclosed in its Q122 Results Announcement
that it was in discussions with the US Securities and Exchange
Commission (the "SEC") about whether it needed to withdraw and
refile ("Restate" or "Restatement") the financial statements
included in its Annual Report on Form 20-F for the financial year
ended 31 December 2021 ("2021 Form 20-F") to reflect the impact of
the previously announced over-issuance of structured notes and
exchange traded notes by Barclays Bank PLC ("BBPLC") under its US
shelf registration statement.
Following the conclusion of these discussions, the Board determined
on 13 May 2022 that BPLC will Restate the financial statements
included in the 2021 Form 20-F.
BPLC expects to file an amended 2021 Form 20-F by the end of May
2022 (alongside the previously announced amendment to the BBPLC
2021 Form 20-F) and, shortly thereafter, to commence the previously
announced £1bn share buyback programme.
Investors and other users of BPLC's filings with the SEC are
cautioned not to rely on the financial statements included in the
2021 Form 20-F, or KPMG LLP's audit report thereon, until the
amended 2021 Form 20-F has been filed.
Notwithstanding the Restatement of the financial statements
included in the 2021 Form 20-F, it is not intended that the
financial statements in the BPLC 2021 UK Annual Report and
Accounts, which were tabled at the 2022 Annual General Meeting on 4
May 2022, will be revised, and the Board does not anticipate that
this will result in any change to the financial results reported in
the Q122 Results Announcement published on 28 April
2022.
- ENDS -
For further information, please contact:
Investor Relations Media
Relations
Chris Manners
Jon
Tracey
+44
(0) 20 7773 2136
+44 (0) 20 7116 4755
About Barclays
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and geography.
Our businesses include consumer banking and payments operations
around the world, as well as a top-tier, full service, global
corporate and investment bank, all of which are supported by our
service company which provides technology, operations and
functional services across the Group. For further information about
Barclays, please visit our website home.barclays.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of Section 21E of the US Securities Exchange Act of 1934,
as amended, and Section 27A of the US Securities Act of 1933, as
amended, with respect to BPLC and the Group. Barclays cautions
readers that no forward-looking statement is a guarantee of future
performance and that actual results or other financial condition or
performance measures could differ materially from those contained
in the forward-looking statements. These forward-looking statements
can be identified by the fact that they do not relate only to
historical or current facts. Forward-looking statements sometimes
use words such as 'may', 'will', 'seek', 'continue', 'aim',
'anticipate', 'target', 'projected', 'expect', 'estimate',
'intend', 'plan', 'goal', 'believe', 'achieve' or other words of
similar meaning. These statements are based on the current beliefs
and expectations of Barclays' management and are subject to
significant risks and uncertainties. Actual outcomes may differ
materially from those expressed in the forward-looking statements.
Factors that could impact Barclays' future financial condition and
performance are identified in BPLC's filings with the SEC
(including, without limitation, the 2021 Form 20-F, which is and,
as amended, will be available on the SEC's website at
www.sec.gov).
Subject to Barclays' obligations under the applicable laws and
regulations of any relevant jurisdiction, (including, without
limitation, the UK and the US), in relation to disclosure and
ongoing information, we undertake no obligation to update publicly
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
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