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Notice Regarding Partial Sale of Barclays PLC Shares by SMBC(1/1)
Notice Regarding Partial
1. Outline of
(1) Total
number of shares sold: 84,459,459
shares
(2) Shareholding
ratio of the shares sold: 0.66% (SMBC’s
shareholding ratio after the sale: 0.66%)
(3) Method
of sale: Secondary
offering to institutional investors in international markets mainly in Europe (including
qualified institutional buyers in the
(4) Placing
price:
308.50 pence
2. Purpose of
For the purpose of SMFG group’s capital efficiency,
SMBC decided upon the sale mentioned above, and as a result SMBC’s shareholding
in Barclays will decrease; however, there will be no change in the current business
cooperation between the two companies including providing investment solutions
to high net worth customers in Japan, and SMBC will continue to maintain a good
relationship with Barclays.