Two-way Fungibility of Indian Depository Receipts

RNS Number : 5745F

Standard Chartered PLC

23 February 2015

 



23 February 2015

Standard Chartered PLC

Two-way Fungibility of Indian Depository Receipts

Standard Chartered PLC (the "Company") announces the implementation of the third phase of redemption of Indian Depository Receipts ("IDRs") issued by the Company into ordinary shares of the Company ("Shares") under the partial two way fungibility programme originally announced on 29 April 2013 (the "Fungibility Programme"). Conversion of Shares into IDRs under the Fungibility Programme remains available on a continuous basis.

Full details of the Fungibility Programme are available at http://investors.sc.com/en/.

Persons may only participate in the Fungibility Programme in circumstances where such participation does not give rise to any requirement on the part of the Company, Standard Chartered Bank, The Bank of New York Mellon or Karvy Computershare Private Limited in any jurisdiction to comply with any filing or other requirement or to pay any fees or expenses. US Persons (within the meaning of Regulation S under the US Securities Act of 1933, as amended) are not eligible to participate in the Fungibility Programme.

 

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