UNITED STATES OF AMERICA

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UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 102926 / April 24, 2025

ADMINISTRATIVE PROCEEDING

File No. 3-21181

In the Matter of

Barclays PLC and Barclays Bank

PLC,

Respondents.

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ORDER EXTENDING TIME TO ENTER

ORDER APPROVING OR DISAPPROVING

PLAN OF DISTRIBUTION

On January 22, 2025, pursuant to Rule 1103 of the United States Securities and Exchange

Commission’s Rules on Fair Fund and Disgorgement Plans (the “Commission’s Rules”), 17

C.F.R. § 201.1103, the Commission published a Notice of Proposed Plan of Distribution and

Opportunity for Comment (“Notice”)1 for the distribution of monies placed into a Fair Fund in

the above-captioned matter. The Notice invited public comment on the proposed plan of

distribution (“Plan”) through February 21, 2025, and the Commission received two public

comments that raised various issues (the “Comments”).

Rule 1104 of the Commission’s Rules, 17 C.F.R. § 201.1104, provides in relevant part,

“[t]he order approving or disapproving the plan should be entered within 30 days after the end of

the final period allowed for comments on the proposed plan unless the Commission or the

hearing officer, by written order, allows a longer period for good cause shown.”

1

Exchange Act Rel. No. 102254 (Jan. 22, 2025).

Thirty days from the end of the final period for comments on the Plan will lapse on

March 24, 2025. The Division states additional time is needed to present its recommendation to

the Commission regarding the Comments and the Plan, and therefore, good cause has been

shown to enter an order extending time to approve or disapprove the Plan until June 30, 2025.

Accordingly, IT IS ORDERED that pursuant to Rule 1104 of the Commission’s Rules,2

for good cause shown, the time for entering an order approving or disapproving the Plan is

extended to June 30, 2025.

For the Commission, by its Secretary, pursuant to delegated authority.3

Vanessa A. Countryman

Secretary

2

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17 C.F.R. § 201.1104

17 C.F.R. § 200.30-7(a)(4).

2

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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