Barclays PLC Disposes of Entercard Group AB Shareholding

TL;DR

Barclays sold its stake in Entercard Group AB.

AI Summary

On August 28, 2025, Barclays PLC announced the disposal of its entire shareholding in Entercard Group AB. The filing does not specify the exact dollar amount or the buyer of the shares.

Why It Matters

This divestment indicates a strategic shift for Barclays PLC, potentially impacting its focus on specific business segments or its overall financial structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholding disposal and does not present immediate financial risks to the company.

Key Players & Entities

• Barclays PLC (company) — Filer of the report and seller of shares
• Entercard Group AB (company) — Company in which Barclays PLC is disposing of its shareholding

FAQ

Filing Documents

• a9372w.htm (6-K) — 24KB
• 0001654954-25-010106.txt ( ) — 25KB

SIGNATURES

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: August 28, 2025       By: /s/ Garth Wright --------------------------------   Garth Wright   Assistant Secretary         28 August 2025       Barclays PLC   DISPOSAL OF BARCLAYS' ENTIRE SHAREHOLDING IN ENTERCARD   Barclays PLC ("Barclays") today announces that its wholly-owned subsidiary Barclays Principal Investments Limited ("BPIL") has entered into an agreement to sell its entire shareholding in its joint venture Entercard Group AB ("Entercard") to its joint venture partner, Swedbank AB (publ) ("Swedbank") (the "Transaction").   Entercard was established as a joint venture in 2005. Its main activity is to provide consumer credit to customers across Sweden, Norway, Denmark and Finland. As at 31 March 2025, Entercard had total assets of SEK36 billion, primarily comprising card and loan receivables.   Swedbank will acquire BPIL's shareholding in Entercard at book value (equal to half of the net assets of Entercard, and estimated to be SEK2.6 billion as of 31 March 2025), payable in cash on completion 1 . The sale is expected to release c.£0.9 billion of RWAs, increasing Barclays' CET1 ratio by c.4bps on completion 2 . The Transaction is expected to complete by year-end 2025, following the receipt of relevant buyer regulatory and competition approvals.   Notes:   1.    On completion, Entercard will repay the funding, in an amount equivalent to c.£1.2 billion, currently provided by Barclays Bank PLC to Entercard.   2.    B

Forward-looking statements

Forward-looking statements   This document 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 Barclays. 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. Forward-looking statements can be

forward-looking statements. 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.

Forward-looking statements are based on the current beliefs and

Forward-looking statements are based on the current beliefs and expectations of Barclays' directors, officers and employees and are differ materially from those expressed in the forward-looking 2024-2026, Barclays has made certain assumptions about the macroeconomic environment, including, without limitations, inflation, interest and unemployment rates, the different markets and competitive conditions in which Barclays operates, and its ability to grow certain businesses and achieve costs savings and other structural actions. Factors that could impact Barclays' future financial condition and performance are identified in Barclays PLC's filings with the US Securities and Exchange Commission ("SEC") (including, without limitation, Barclays PLC's Annual Report on Form 20-F for the financial year ended 31 December 2024), and Interim Results Announcement for the six months ended 30 June 2025 filed on Form 6-K), which are available on the SEC's website at   www.sec.gov .   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.

View Full Filing

View this 6-K filing on SEC EDGAR