REG - Standard Chrtrd PLC - Notice of Completion of Redemption

Standard CharteredAnnouncement

28/07/2025 11:15

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RNS Number : 8213S  Standard Chartered PLC  28 July 2025

 

For distribution only (a) in the United States, to qualified institutional
buyers (as defined in Rule 144A under the United States Securities Act of
1933, as amended (the "Securities Act")), and (b) outside the United States to
persons other than "U.S. persons" (as defined in Regulation S of the
Securities Act)

 

 

STANDARD CHARTERED PLC

 

(Incorporated as a public limited company in England and Wales with limited
liability)

(Registered Number: 966425)

LEI: U4LOSYZ7YG4W3S5F2G91
(the "Issuer")

 

Notice of completion of redemption in respect of the

U.S.$1,000,000,000 Fixed Rate Resetting Perpetual Subordinated Contingent
Convertible Securities

(ISINs: US853254BT68 (for the Restricted Global Certificates) / USG84228EH74
(for the Unrestricted Global Certificates), Issue Date: 26 June 2020, Stock
Code: 40276)

(the "Securities" and the holders thereof, the "Securityholders")

 

Reference is made to the announcement of the Issuer dated 20 June 2025.

The Issuer hereby announces that, pursuant to Condition 8(c) (Redemption and
Purchase - Redemption at the option of the Issuer) of the terms and conditions
of the Securities (the "Conditions") set out in the offering circular dated 17
June 2020, the Issuer has redeemed the outstanding Securities in full on 26
July 2025 (the "Redemption Date") at 100 per cent. of their principal amount
together with any Accrued Interest. In accordance with Condition 9(a)(iii),
the redemption payment has been made on 28 July 2025.

Following such redemption, the Securities have been cancelled pursuant to
Condition 8(h) of the Conditions. As at the date of this announcement, there
are no outstanding Securities in issue.  Accordingly, the Issuer has made an
application to The Stock Exchange of Hong Kong Limited for the withdrawal of
the listing of the Securities. Such withdrawal of listing of the Securities is
expected to become effective upon the close of business on 5 August 2025.

Words and expressions used in this notice shall, unless defined herein or the
context otherwise requires, have the same meaning as in the Conditions.

Dated: 28 July 2025

For further information please contact:

Daniel Banks

Managing Director, Global Head, Debt Investor Relations

+44 (0) 7500 106 936

Shaun Gamble

Executive Director, Group Media Relations

+44 (0) 7766 443 662

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