Redemption of SC PLC USD2bn AT1

RNS Number : 1425H

Standard Chartered PLC

04 April 2022

 

Standard Chartered PLC

4 April 2022

U.S.$2,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities (ISIN: US853254BA77, USG84228CQ91, Issue Date: 18 August 2016, Stock code: 04305) (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 2022 in relation to the Securities.

The Company announces that it has exercised its option to redeem the Securities in whole on 2 April 2022 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 13 April 2022.

For further information please contact:

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

Julie Gibson
Head of Group Media Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 2434

Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91

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