TIDMSTAN

RNS Number : 7678B

Standard Chartered PLC

03 February 2020

Standard Chartered PLC

3 February 2020

Redemption by Standard Chartered PLC ("SCPLC") of U.S.$2,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities

(ISIN: US853254AT77, USG84228CE61) (the "Securities")

SCPLC is giving notice today to the holders of the Securities that it will fully redeem the outstanding Securities on 2 April 2020 (the "Redemption Date") in accordance with the terms and conditions of the Securities (the "Conditions"). The Securities will be redeemed at 100 per cent. of their principal amount together with accrued interest.

Following redemption, the Securities will be cancelled pursuant to the Conditions. Accordingly, the listing of the Securities on The Stock Exchange of Hong Kong Limited will be cancelled shortly after the Redemption Date.

For further information please contact:

Daniel Banks

Managing Director, Global Head, Debt Investor Relations

1 Basinghall Avenue

London

EC2V 5DD

020 7885 6329

Jon Tracey

Global Head, Communications

1 Basinghall Avenue

London

EC2V 5DD

020 7885 7613

Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91

END.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCKZGGZMFRGGZM

(END) Dow Jones Newswires

February 03, 2020 08:40 ET (13:40 GMT)

Standard Chartered (LSE:STAN)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Standard Chartered Charts.
Standard Chartered (LSE:STAN)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Standard Chartered Charts.