Redemption of SC PLC USD1bn AT1

RNS Number : 1281V

Standard Chartered PLC

03 April 2023

 

Standard Chartered PLC

3 April 2023

U.S.$1,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities (ISIN: US853254BH21 , USG84228CX43 , Issue Date: 18 January 2017, Stock code: 05348) (the "Securities")

NOTICE OF COMPLETION OF REDEMPTION OF SECURITIES AND WITHDRAWAL OF LISTING

Reference is made to the announcement issued by Standard Chartered Plc (the "Company") on 1 March 2023 in relation to the Securities.

The Company announces that it has exercised its option to redeem the Securities in whole on 2 April 2023 in accordance with the terms and conditions of the Securities. As of the date of this announcement, there are therefore no outstanding Securities in issue. The Company has applied to The Stock Exchange of Hong Kong Limited to withdraw the listing of the Securities. Such withdrawal of listing is expected to become effective upon the close of business on 14 April 2023 .

For further information please contact:

Daniel Banks
Managing Director, Global Head, Debt Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329

Shaun Gamble

Executive Director, Group Media Relations

1 Basinghall Avenue

London

EC2V 5DD

020 7885 5934

Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91

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