10th Jan 2005 18:04
Standard Chartered PLC10 January 2005 STANDARD CHARTERED PLC THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THEUNITED STATES, CANADA, AUSTRALIA OR JAPAN Standard Chartered PLC ("Standard Chartered") Results of the Placing of New Ordinary Shares ("Placing Shares") by StandardChartered Placing Price set at 920 pence per Placing Share 10 January 2005 Further to the announcement made earlier today regarding the placing of PlacingShares in Standard Chartered to finance in part the acquisition of Korea FirstBank (the "Announcement"), the Placing Price has now been determined followingthe completion of the Bookbuilding Process. Standard Chartered confirms that 117,902,943 Placing Shares have been placed at920 pence per Placing Share. Based on this price the gross proceeds receivableby Standard Chartered are GBP1,085 million. The Placing Shares being issuedrepresent approximately 9.99 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. Application has been made to the Stock Exchange of Hong KongLimited for the listing of, and permission to deal in, the Placing Shares on theHong Kong Stock Exchange. It is expected that UK Admission will become effectiveand dealings will commence in the Placing Shares on the London Stock Exchange at8.00am on 14 January 2005. For further information, please contact: Paul Marriage Romy MurrayHead of Media Relations Head of Investor Relations+ 44 (0)20 7280 7163 + 44 (0)20 7280 [email protected] [email protected] Lavina Chan Betty KuSenior Corporate Affairs Manager Head of Investor RelationsHK, China and NE Asia Asia Pacific+ 852 2820 3075 + 852 2821 [email protected] [email protected] 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 and is the sole responsibility of StandardChartered. UBS Limited is acting as financial adviser to Standard Chartered in connectionwith the acquisition. Standard Chartered has also received financial advice fromCazenove & Co. Ltd. Cazenove & Co. Ltd and UBS Limited are acting as joint leadmanagers and joint brokers to the Placing.Cazenove & Co. Ltd and UBS Limited areeach acting exclusively for Standard Chartered in connection with the proposedacquisition and the Placing and no one else and will not be responsible toanyone other than Standard Chartered for providing the protections afforded totheir respective clients, or for giving advice in relation to the acquisition,the Placing or any other matters referred to in this press 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 tosell or issue or the solicitation of an offer to buy or acquire any securitiesin the capital of Standard Chartered in the United States, Canada, Australia orJapan or any jurisdiction in which such an offer or solicitation is unlawful andshould not be relied upon in connection with any decision to acquire the PlacingShares or any other securities in the capital of Standard Chartered. The PlacingShares have not been and will not be registered under the US Securities Act of1933 (the "Securities Act") or under the securities laws of any state of theUnited States and may not be offered or sold within the United States unlessthey are registered with the US Securities and Exchange Commission or anexemption from registration is available. No public offering of the PlacingShares will be made in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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