8th Oct 2013 10:50
Standard Chartered PLC
8 October 2013
Redemption of US$925,000,000 8.125 per cent. Non-Cumulative RedeemablePreference Shares (the "Preference Shares") issued by Standard Chartered PLC
Standard Chartered PLC has given notice in accordance with its Articles of Association that, on 27 November 2013 (the "Redemption Date"), it will redeem the 462,500 Preference Shares in accordance with its Articles of Association at a redemption price of US$2,000 per Preference Share, together with US$81.25 per Preference Share in accrued but unpaid dividend payable thereon up to but excluding the Redemption Date. Dividends in respect of the Preference Shares will cease to accrue on and after the Redemption Date. Following the redemption, there will be no Preference Shares outstanding.
Standard Chartered PLC has applied to the Financial Conduct Authority, in its capacity as the United Kingdom Listing Authority, to cancel the listing of the Preference Shares on the Official List of the United Kingdom Listing Authority, with effect from (and including) 28 November 2013.
For further information, please contact:
James HopkinsonHead of Investor Relations1 Basinghall AvenueLondonEC2V 5DD
020 7885 7151
Jon TraceyHead of Media Relations1 Basinghall AvenueLondonEC2V 5DD020 7885 7613
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