Redemption of Preference Shares

RNS Number : 9803P

Standard Chartered PLC

08 October 2013

 



Standard Chartered PLC

8 October 2013

Redemption of US$925,000,000 8.125 per cent. Non-Cumulative Redeemable
Preference Shares (the "Preference Shares") issued by Standard Chartered PLC

Standard Chartered PLC has given notice in accordance with its Articles of Association that, on 27 November 2013 (the "Redemption Date"), it will redeem the 462,500 Preference Shares in accordance with its Articles of Association at a redemption price of US$2,000 per Preference Share, together with US$81.25 per Preference Share in accrued but unpaid dividend payable thereon up to but excluding the Redemption Date. Dividends in respect of the Preference Shares will cease to accrue on and after the Redemption Date. Following the redemption, there will be no Preference Shares outstanding.

Standard Chartered PLC has applied to the Financial Conduct Authority, in its capacity as the United Kingdom Listing Authority, to cancel the listing of the Preference Shares on the Official List of the United Kingdom Listing Authority, with effect from (and including) 28 November 2013.

For further information, please contact:

James Hopkinson
Head of Investor Relations
1 Basinghall Avenue
London
EC2V 5DD

020 7885 7151

Jon Tracey
Head of Media Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 7613

 

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