Standard Chartered PLC Issuance of US$1.25bn Additional Tier 1 Securities (0636V)
August 05 2022 - 1:00AM
UK Regulatory
TIDMSTAN
RNS Number : 0636V
Standard Chartered PLC
05 August 2022
STANDARD CHARTERED PLC
5 August 2022
NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES
ISSUANCE OF U.S.$1,250,000,000 FIXED RATE RESETTING PERPETUAL
SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES (THE
"SECURITIES")
Standard Chartered PLC intends to issue the Securities on 15
August 2022.
Application has been made for the Securities to be admitted to
trading on the International Securities Market of the London Stock
Exchange plc . Application will also be made to The Stock Exchange
of Hong Kong for the listing of, and permission to deal in, the
ordinary shares to be issued upon any conversion of the
Securities.
The Securities will be subject to the terms and conditions set
out in the offering circular dated 5 August 2022 relating to the
Securities.
For further information with respect to the Securities, please
paste the following URL into the address bar of the browser:
http://www.rns-pdf.londonstockexchange.com/rns/0636V_1-2022-8-5.pdf
For further information please contact:
Daniel Banks
Managing Director, Head, Debt Investor Relations and Ratings
1 Basinghall Avenue
London
EC2V 5DD
020 7885 6329
Shaun Gamble
Director, Group Media Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 2434
DISCLAIMER - INTENDED ADDRESSEES
This announcement does not constitute an offer of any securities
for sale. No action has been taken in any jurisdiction to permit a
public offering of the Securities where such action is required.
The offer and sale of the Securities may be restricted by law in
certain jurisdictions.
The Securities and any ordinary shares which may be delivered
upon conversion of the Securities have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act") or with any securities regulatory authority of
any state or other jurisdiction of the United States, and the
Securities and any ordinary shares which may be delivered upon
conversion of the Securities are subject to U.S. tax law
requirements. Subject to certain exceptions, the Securities and any
ordinary shares which may be delivered upon conversion of the
Securities may not be offered or sold to, or for the account or
benefit of, U.S. persons (as defined in Regulation S under the
Securities Act).
The Securities are not intended to be offered, sold or otherwise
made available to and should not be offered, sold or otherwise made
available to any retail investor in the United Kingdom (the "UK").
For these purposes, a retail investor means a person who is one (or
more) of: (i) a retail client, as defined in point (8) of Article 2
of Regulation (EU) No 2017/565 as it forms part of domestic law of
the UK by virtue of the European Union (Withdrawal) Act 2018 (the
"EUWA"); or (ii) a customer within the meaning of the provisions of
the Financial Services and Markets Act 2000 (the "FSMA") and any
rules or regulations made under the FSMA to implement Directive
(EU) 2016/97 (the "Insurance Distribution Directive"), where that
customer would not qualify as a professional client, as defined in
point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it
forms part of domestic law of the UK by virtue of the EUWA.
Consequently, no key information document required by Regulation
(EU) No 1286/2014 as it forms part of domestic law of the UK by
virtue of the EUWA (the "UK PRIIPs Regulation") for offering or
selling the Securities or otherwise making them available to retail
investors in the UK has been prepared and therefore offering or
selling the Securities or otherwise making them available to any
retail investor in the UK may be unlawful under the UK PRIIPs
Regulation. In addition to the foregoing, pursuant to the UK
Financial Conduct Authority Conduct of Business Sourcebook (the
"COBS") the Securities are not intended to be offered, sold or
otherwise made available and should not be offered, sold or
otherwise made available to retail clients (as defined in COBS 3.4)
in the UK.
The Securities are not intended to be offered, sold or otherwise
made available to and should not be offered, sold or otherwise made
available to any retail investor in the European Economic Area
("EEA"). For these purposes, a retail investor means a person who
is one (or more) of: (i) a retail client as defined in point (11)
of Article 4(1) of Directive 2014/65/EU (as amended, "EU MiFID
II"); or (ii) a customer within the meaning of the Insurance
Distribution Directive, where that customer would not qualify as a
professional client as defined in point (10) of Article 4(1) of EU
MiFID II. Consequently, no key information document required by
Regulation (EU) No 1286/2014 (as amended, the "EU PRIIPs
Regulation") for offering or selling the Securities or otherwise
making them available to retail investors in the EEA has been
prepared and therefore offering or selling the Securities or
otherwise making them available to any retail investor in the EEA
may be unlawful under the EU PRIIPs Regulation.
The Securities are not intended to be initially placed and may
not be initially placed to "connected persons" of the Company under
the Rules Governing the Listing of Securities on The Stock Exchange
of Hong Kong Limited.
The distribution of this announcement in certain jurisdictions
may be restricted by law. Persons into whose possession this
announcement comes are required to inform themselves about and to
observe any such restrictions.
Standard Chartered PLC LEI: U4LOSYZ7YG4W3S5F2G91
END
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