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20 June 2025 23:10:45
- Source: Sharecast
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 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")
NOTICE IS HEREBY GIVEN to the Securityholders 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 will fully redeem the outstanding Securities 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 will be made on 28 July 2025.
Following redemption, the Securities will be cancelled pursuant to Condition 8(h) of the Conditions and there will be no outstanding Securities in issue. Accordingly, the Issuer will make an application to The Stock Exchange of Hong Kong Limited for the withdrawal of the listing of the Securities.
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: 20 June 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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