29th Sep 2006 14:45
Standard Chartered PLC29 September 2006 STANDARD CHARTERED PLC NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,CANADA, AUSTRALIA OR JAPAN Standard Chartered PLC ("Standard Chartered") Results of the Placing of New Ordinary Shares of US$0.50 each ("Placing Shares")by Standard Chartered Placing Price set at 1375 pence per Placing Share 29 September 2006 Further to the announcement made earlier today regarding the placing of PlacingShares in Standard Chartered to finance the acquisition of Hsinchu InternationalBank (the "Announcement"), the Placing Price has now been determined followingthe completion of the Bookbuilding Process. Standard Chartered confirms that 48,500,000 Placing Shares have been placed at1375 pence per Placing Share. Based on this price the gross proceeds receivableby Standard Chartered are GBP666.8million. The Placing Shares being issuedrepresent approximately 3.646 per cent of Standard Chartered's issued ordinaryshare capital prior to the Placing. Application has been made for, and the placing is conditional on, admission ofthe Placing Shares to listing on the Official List of the UK Listing Authorityand to being admitted to trading on the London Stock Exchange plc's market forlisted securities ("UK Admission"). Application has been made to The StockExchange of Hong Kong Limited for the listing of, and permission to deal in, thePlacing Shares on the Hong Kong Stock Exchange. It is expected that UK Admissionwill become effective and dealings will commence in the Placing Shares on theLondon Stock Exchange at 8.00am on 4 October 2006. CONTACTS: InvestorsStephen Atkinson Ruth NadererHead of Investor Relations Head of InvestorRelations, Asia Pacific+44 (0) 20 7280 7245 +852 2820 [email protected]@hk.standardchartered.com PressSean Farrell Rita LuiHead of Media Relations Head of CorporateAffairs, Hong Kong+44 (0) 20 7280 7163 +852 2820 [email protected]@hk.standardchartered.com Roland Rudd Simon MoyseFinsbury Finsbury+44 (0) 20 7251 3801 +44 (0) 20 [email protected]@finsbury.com Advisors and Joint Lead ManagersJim Rushton Tim WaddellUBS UBS+44 (0) 20 7567 8000 +44 (0) 20 7567 8000 William Chalmers Paul BakerMorgan Stanley Morgan Stanley+44 (0) 20 7425 8000 +44 (0) 20 7425 8000 Joint Lead ManagersJohn Paytner Phil RaperJPMorgan Cazenove Goldman Sachs+44 (0) 20 7588 2828 +44 (0) 20 7774 1000 Defined terms in this announcement have, unless the context otherwise requires,the same meaning given to them in the Announcement. This announcement has been issued by Standard Chartered and is the soleresponsibility of Standard Chartered. Morgan Stanley & Co. International Limited, UBS Limited, Goldman SachsInternational and JPMorgan Cazenove Limited are acting exclusively for theCompany and no-one else in connection with the acquisition and the Placing, andwill not be responsible to anyone other than the Company for providing theprotections afforded to their respective clients nor for providing advice inrelation to the acquisition or the Placing or any other matter referred to inthis announcement. This announcement is for information purposes only and does not constitute anoffer or an invitation to acquire or dispose of any securities or investmentadvice in any jurisdiction. This announcement does not constitute an offer to sell or issue or thesolicitation of an offer to buy or subscribe for securities in the UnitedStates, Canada, Australia or Japan or any jurisdiction in which such offer orsolicitation is unlawful and should not be relied upon in connection with anydecision to acquire the Placing Shares or any other Standard Charteredsecurities. The securities referred to in this announcement have not been andwill not be registered under the U.S. Securities Act of 1933 (the "U.S.Securities Act") and may not be offered, sold or transferred within the UnitedStates except pursuant to an exemption from, or in a transaction not subject to,the registration requirements of the U.S. Securities Act. No public offering ofthe Placing Shares will be made in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Standard Chartered