REG - Standard Chrtrd PLC - Overseas Regulatory Announcement

Standard CharteredAnnouncement

05/04/2024 10:30

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RNS Number : 5089J  Standard Chartered PLC  05 April 2024

STANDARD CHARTERED PLC

5 April 2024

WAIVER IN RESPECT OF SPECIFIC MANDATE TO ISSUE EQUITY CONVERTIBLE ADDITIONAL
TIER 1 SECURITIES

On 26 February 2024, The Stock Exchange of Hong Kong Limited granted a waiver
to Standard Chartered PLC (the "Company") from compliance with Rule 13.36(1)
of the Rules Governing the Listing of Securities on The Stock Exchange of Hong
Kong Limited (the "Waiver").

The Waiver allows the directors to seek a specific mandate from the
shareholders at the Company's 2024 annual general meeting to be held on 10 May
2024 ("AGM") in relation to issuing Equity Convertible Additional Tier 1
Securities, subject to the limits set out in the Company's Notice of AGM. If
the specific mandate is approved by shareholders, the waiver would continue in
force until:

(i) the end of next year's AGM (or, if earlier, at the close of business on 9
August 2025) at which time it will lapse unless the specific mandate is
renewed, either unconditionally or subject to conditions; or

(ii) revoked or varied by ordinary resolution of the shareholders in a general
meeting.

 

To view the full announcement click here:

http://www.rns-pdf.londonstockexchange.com/rns/5089J_1-2024-4-5.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5089J_1-2024-4-5.pdf)

Contact name for Enquiries

Rebecca Whibley, Director, Board Governance, Capital & Listings - 0207 885
9144

Sharn Hawkins, Executive Director, Treasury Capital - 0207 885 1564

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