Standard Chartered PLC
29 September 2006
STANDARD CHARTERED PLC
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA OR JAPAN
Standard Chartered PLC ('Standard Chartered')
Results of the Placing of New Ordinary Shares of US$0.50 each ('Placing Shares')
by Standard Chartered
Placing Price set at 1375 pence per Placing Share
29 September 2006
Further to the announcement made earlier today regarding the placing of Placing
Shares in Standard Chartered to finance the acquisition of Hsinchu International
Bank (the 'Announcement'), the Placing Price has now been determined following
the completion of the Bookbuilding Process.
Standard Chartered confirms that 48,500,000 Placing Shares have been placed at
1375 pence per Placing Share. Based on this price the gross proceeds receivable
by Standard Chartered are GBP666.8million. The Placing Shares being issued
represent approximately 3.646 per cent of Standard Chartered's issued ordinary
share capital prior to the Placing.
Application has been made for, and the placing is conditional on, admission of
the Placing Shares to listing on the Official List of the UK Listing Authority
and to being admitted to trading on the London Stock Exchange plc's market for
listed securities ('UK Admission'). Application has been made to The Stock
Exchange of Hong Kong Limited for the listing of, and permission to deal in, the
Placing Shares on the Hong Kong Stock Exchange. It is expected that UK Admission
will become effective and dealings will commence in the Placing Shares on the
London Stock Exchange at 8.00am on 4 October 2006.
CONTACTS:
Investors
Stephen Atkinson Ruth Naderer
Head of Investor Relations Head of Investor
Relations, Asia Pacific
+44 (0) 20 7280 7245 +852 2820 3075
Stephen.Atkinson@uk.standardchartered.com
Ruth.Naderer@hk.standardchartered.com
Press
Sean Farrell Rita Lui
Head of Media Relations Head of Corporate
Affairs, Hong Kong
+44 (0) 20 7280 7163 +852 2820 3636
Sean.Farrell@uk.standardchartered.com
Rita.Lui@hk.standardchartered.com
Roland Rudd Simon Moyse
Finsbury Finsbury
+44 (0) 20 7251 3801 +44 (0) 20 7251
3801
roland.rudd@finsbury.com
simon.moyse@finsbury.com
Advisors and Joint Lead Managers
Jim Rushton Tim Waddell
UBS UBS
+44 (0) 20 7567 8000 +44 (0) 20 7567 8000
William Chalmers Paul Baker
Morgan Stanley Morgan Stanley
+44 (0) 20 7425 8000 +44 (0) 20 7425 8000
Joint Lead Managers
John Paytner Phil Raper
JPMorgan Cazenove Goldman Sachs
+44 (0) 20 7588 2828 +44 (0) 20 7774 1000
Defined terms in this announcement have, unless the context otherwise requires,
the same meaning given to them in the Announcement.
This announcement has been issued by Standard Chartered and is the sole
responsibility of Standard Chartered.
Morgan Stanley & Co. International Limited, UBS Limited, Goldman Sachs
International and JPMorgan Cazenove Limited are acting exclusively for the
Company and no-one else in connection with the acquisition and the Placing, and
will not be responsible to anyone other than the Company for providing the
protections afforded to their respective clients nor for providing advice in
relation to the acquisition or the Placing or any other matter referred to in
this announcement.
This announcement is for information purposes only and does not constitute an
offer or an invitation to acquire or dispose of any securities or investment
advice in any jurisdiction.
This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or subscribe for securities in the United
States, Canada, Australia or Japan or any jurisdiction in which such offer or
solicitation is unlawful and should not be relied upon in connection with any
decision to acquire the Placing Shares or any other Standard Chartered
securities. The securities referred to in this announcement have not been and
will not be registered under the U.S. Securities Act of 1933 (the 'U.S.
Securities Act') and may not be offered, sold or transferred within the United
States except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act. No public offering of
the Placing Shares will be made in the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.