Notice of Redemption

Standard Chartered PLC

08 November 2023

 

STANDARD CHARTERED PLC

8 November 2023

NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES

NOTICE TO THE HOLDERS OF ¥111,000,000,000 FIXED RATE BONDS DUE 2024
(ISIN: JP582605AJB5)
(Stock Code: 5475)
(the "Bonds")

Notice of redemption

Notice is hereby given to the holders of the Bonds that, pursuant to Condition 8(3) of the Conditions of Bonds (the "Conditions") set out in the listing information memorandum dated 4 December 2018, Standard Chartered PLC ("SCPLC") has elected to redeem all outstanding Bonds on 22 November 2023 (the "Redemption Date"), at a price equal to 100 per cent of the principal amount together with interest accrued to and including the Redemption Date.

As at the date of this announcement, the outstanding principal amount of the Bonds is 111,000,000,000 Japanese yen. Upon redemption of all of the outstanding principal amount of the Bonds on the Redemption Date, there will be no Bonds in issue. Accordingly, SCPLC will make an application to The Stock Exchange of Hong Kong Limited for the withdrawal of the listing of the Bonds.

SCPLC confirms that the Prudential Regulation Authority has given its consent to the redemption of the Bonds.

Capitalised terms used in this announcement that are not otherwise defined have the meaning given to them in the Conditions.

For further information please contact:

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

Shaun Gamble
Director, Group Media Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 2434

Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91

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