Blueprint
 
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
 
October 04, 2016
 
Barclays PLC and
Barclays Bank PLC
(Names of Registrants)
 
 1 Churchill Place
London E14 5HP
England
(Address of Principal Executive Offices)
 
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 is a joint Report on Form 6-K filed by Barclays PLC and Barclays
Bank PLC. All of the issued ordinary share capital of Barclays Bank PLC is
owned 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
 
Sale of Barclays Bank Egypt dated 04 October 2016 
 
 
 
 
SIGNATURES
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
 
BARCLAYS PLC
(Registrant)
 
Date: October 04, 2016
 
 
By: /s/ Patrick Gonsalves
----------------------
Patrick Gonsalves
Deputy Secretary
 
 
 
 
 
BARCLAYS BANK PLC
(Registrant)
Date: October 04, 2016
 
 
By: /s/ Patrick Gonsalves
----------------------
Patrick Gonsalves
Joint Company Secretary
 
 
Barclays Non-Core progress continues with sale of Barclays Bank Egypt
 
Barclays Bank PLC ("Barclays") has today agreed to sell its Retail and Corporate Banking business in Egypt ("Barclays Bank Egypt") to Attijariwafa Bank S.A. 
 
The transaction is estimated to result in a proforma Common Equity Tier 1 (CET1) ratio benefit of c.10bps on completion, in part reflecting an expected reduction in risk weighted assets of approximately £2bn. This proforma is calculated as at 30 June 2016, and does not reflect factors affecting the Group's CET1 ratio since 30 June 2016.
 
Barclays Bank Egypt has approximately 1,500 employees and 56 branches.  Completion is subject to regulatory approvals, and is currently expected to occur by the end of 2016.
 
Jes Staley, Barclays Group CEO, said: "I am pleased to announce a further reduction in our Non-Core business. Today's announcement demonstrates our continued focus on improving the Group's returns and our ability to execute our strategy quickly."
 
 "I want to take this opportunity to thank our colleagues in Egypt.  It is their hard work, professionalism and strong customer and client relationships that have made this business so attractive to Attijariwafa Bank S.A."
 
- Ends -
 
For further information, please contact:
 
Investor Relations
Media Relations
Kathryn McLeland
Tom Hoskin
+44 (0) 20 7116 4943
+ 44 (0) 20 7116 4755
 
  
About Barclays
Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.
 
With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
 
For further information about Barclays, please visit our website home.barclays 
 
Information regarding 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 the Barclays group. 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 our filings with the Securities and Exchange Commission ("SEC") (including, without limitation, our Annual Report on Form 20-F for the fiscal year ended 31 December 2015) which are available on the SEC's website (www.sec.gov). Subject to Barclays' obligations under the applicable laws and regulations of the United Kingdom and the United States in relation to disclosure and ongoing information, Barclays does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.