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
April
01, 2020
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.
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BARCLAYS
PLC
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(Registrant)
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Date:
April 01, 2020
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By: /s/
Garth Wright
--------------------------------
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Garth
Wright
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Assistant
Secretary
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31 March 2020
Barclays PLC (the "Company")
Suspension of Dividend Payments on Ordinary Shares
In order to help Barclays serve the needs of businesses and
households through the extraordinary challenges presented by
COVID-19, the Board has decided that for 2020 the Company will not
undertake any interim ordinary share dividend payments, accrual of
ordinary share dividends, or share buybacks.
In addition, in response to a request from the UK Prudential
Regulation Authority and to preserve additional capital for use in
serving Barclays' customers and clients, the Board has agreed to
cancel the 6.0p per ordinary share full year 2019 dividend that was
due for payment on 3 April 2020. The Board will decide on any
future dividend policy and amounts at year-end 2020.
The Company still intends to publish its Q1 2020 Results
Announcement on or about 29 April 2020.
Commenting, Nigel Higgins, Chairman, said:
"These are difficult decisions, not least in terms of the immediate
impact they will have on shareholders. The bank has a strong
capital base, but we think it is right and prudent, for the many
businesses and people that we support, to take these steps now, and
ensure that Barclays is well placed to continue doing what we can
to help through this crisis."
- ENDS -
For further information, please contact:
Investor
Relations
|
Media
Relations
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Chris Manners
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Tom Hoskin
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+44 (0)20 7773 2136
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+44 (0)20 7116 4755
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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
MAR - Inside Information
This announcement contains inside information for the purposes of
Article 7 of the Market Abuse Regulation (EU) No
596/2014.