Rights Issue Prospectus

RNS Number : 4850U

Standard Chartered PLC

15 October 2010

 



NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, INDIA OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION FOR ANY INVESTMENT OR SUBSCRIPTION FOR INDIAN DEPOSITORY RECEIPTS AND/OR SHARES IN INDIA. ANY PERSON WHO IS IN POSSESSION OF THIS ANNOUNCEMENT IS HEREBY NOTIFIED THAT NO ACTION HAS BEEN OR WILL BE TAKEN THAT WOULD ALLOW AN OFFERING OF INDIAN DEPOSITORY RECEIPTS AND/OR SHARES IN INDIA AND NEITHER THIS ANNOUNCEMENT NOR ANY OFFERING MATERIAL RELATING TO THE RIGHTS ISSUE HAS BEEN SUBMITTED TO THE REGISTRAR OF COMPANIES IN INDIA OR THE SECURITIES AND EXCHANGE BOARD OF INDIA FOR PRIOR REVIEW OR APPROVAL. FURTHER, NO DOCUMENT IN CONNECTION WITH THE RIGHTS ISSUE HAS BEEN FILED OR REGISTERED WITH THE REGISTRAR OF COMPANIES IN INDIA.

15 October 2010

Standard Chartered PLC
(the "Company")

PUBLICATION OF RIGHTS ISSUE PROSPECTUS

The following Prospectus has been approved by the UK Listing Authority and will shortly be available to view on the Company's website at: http://investors.standardchartered.com/dis.cfm

Prospectus dated 15 October 2010 relating to a 1 for 8 Rights Issue of 260,525,763 New Ordinary Shares at 1,280 pence each by Standard Chartered PLC

In addition, copies of the Prospectus will be made available for inspection at the Company's offices, situated at:

1 Basinghall Avenue
London, EC2V 5DD
United Kingdom

A copy of the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://hemscott.com/nsm.do

A copy of the Prospectus will be sent to all Shareholders on the Hong Kong register of members.

Contacts:

Standard Chartered PLC
For further information, please contact:

Stephen Atkinson, Head of Investor Relations                  [phone]
Ashia Razzaq, Head of Investor Relations, Asia               [phone]
Jon Tracey, Head of Media Relations                              [phone]

The defined terms set out in the Prospectus apply in this announcement.

This announcement has been issued by and is the sole responsibility of Standard Chartered PLC.

Neither the content of Standard Chartered's website nor any website accessible by hyperlinks on Standard Chartered's website is incorporated in, or forms part of, this announcement.

This announcement is not a Prospectus but an advertisement and investors should not acquire any Nil Paid Rights, Fully Paid Rights or New Ordinary Shares referred to in this announcement except on the basis of the information contained in the Prospectus.

The Prospectus will give further details of the New Ordinary Shares, the Nil Paid Rights and the Fully Paid Rights being offered pursuant to the Rights Issue.

This announcement is for information purposes only and is not intended to and does not constitute or form part of any offer or invitation to purchase or subscribe for, or any solicitation to purchase or subscribe for, Nil Paid Rights, Fully Paid Rights or New Ordinary Shares or to take up any entitlements to Nil Paid Rights in any jurisdiction in which such an offer or solicitation is unlawful. This announcement cannot be relied upon for any investment contract or decision.

The information contained in this announcement is not for release, publication or distribution to persons in the United States, Canada, India or South Africa and should not be distributed, forwarded to or transmitted in or into any jurisdiction where to do so might constitute a violation of local securities laws or regulations.

This announcement does not constitute or form part of an offer or solicitation to purchase or subscribe for securities of the Company in the United States, Canada, India or South Africa. None of the Nil Paid Rights, the Fully Paid Rights or the New Ordinary Shares has been or will be registered under the Securities Act or under the applicable securities laws of any state, province or territory of the United States. Accordingly, unless a relevant exemption from the registration requirements of the Securities Act is available, neither the Nil Paid Rights, the Fully Paid Rights or the New Ordinary Shares may, subject to certain exceptions, be offered, sold, taken up, renounced or delivered, directly or indirectly, within the United States. There will be no public offer of Nil Paid Rights, Fully Paid Rights or New Ordinary Shares in the United States.

The distribution of this announcement and/or the Prospectus and/or the Provisional Allotment Letter and/or the transfer of Nil Paid Rights, Fully Paid Rights and/or New Ordinary Shares into jurisdictions other than the United Kingdom, Republic of Ireland, France or Hong Kong may be restricted by law, and, therefore, persons into whose possession this announcement and/or the Prospectus and/or the Provisional Allotment Letter comes should inform themselves about and observe any such restrictions.  Any failure to comply with any such restrictions may constitute a violation of the securities laws of such jurisdiction. In particular, subject to certain exceptions, the Prospectus and the Provisional Allotment Letter should not be distributed, forwarded to or transmitted in or into the United States, Canada, India or South Africa.

The contents of this announcement are not to be construed as legal, business, financial or tax advice. Each prospective investor should consult his, her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, financial, business or tax advice.

 

END

 

 

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