Standard Chartered PLC Issuance of US$1bn Additional Tier 1 Securities (0592U)
January 12 2017 - 9:40AM
UK Regulatory
TIDMSTAN
RNS Number : 0592U
Standard Chartered PLC
12 January 2017
STANDARD CHARTERED PLC
12 JANUARY 2017
NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES
ISSUANCE OF U.S.$1,000,000,000 FIXED RATE RESETTING PERPETUAL
SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES (THE
"SECURITIES")
Standard Chartered PLC intends to issue the Securities on 18
January 2017.
Application has been made to The Stock Exchange of Hong Kong
Limited (the "Hong Kong Stock Exchange") for the listing of, and
permission to deal in, the Securities as a debt issue to
professional investors (as defined in the Securities and Futures
Ordinance (Cap. 571 of the Laws of Hong Kong)) only on the Main
Board of the Hong Kong Stock Exchange. Application has also been
made to the Hong Kong Stock Exchange 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 12 January 2017 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://investors.sc.com/en/disclaimer3.cfm
For further information please contact:
Mark Stride
Global Head, Investor Relations
1 Basinghall Avenue
London
EC2V 5DD
020 7885 8596
Julie Gibson
Global Head, Communications
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"). Subject to certain exceptions, the Securities
may not be offered, sold or delivered in the United States, as
defined in Regulation S under the Securities Act, and may not be
offered, sold or delivered within the United States or to, or for
the account or benefit of, U.S. persons, except pursuant to
registration or an exemption from the registration requirements
under the Securities Act. No public offering of the Securities will
be made in the United States.
The Securities are not intended to be sold and should not be
sold to "retail clients" in the European Economic Area (EEA), as
defined in the Product Intervention (Contingent Convertible
Instruments and Mutual Society Shares) Instrument 2015 (as amended
or replaced from time to time) other than in circumstances that do
not and will not give rise to a contravention of those rules by any
person.
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.
This announcement is not, and under no circumstances is it to be
construed as, an advertisement or a public offering in Canada of
the Securities referred to in this announcement. No prospectus has
been filed with any securities commission or similar regulatory
authority in Canada in connection with the offering of the
Securities described herein. In addition, no securities commission
or similar regulatory authority in Canada has reviewed or in any
way passed upon the merits of the Securities described herein and
any representation to the contrary is an offence. In particular,
this announcement and the information contained herein do not
constitute an offer or sale of Securities in Canada and this
announcement may not be disseminated in Canada, except in
compliance with applicable securities laws in Canada.
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.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 12, 2017 09:40 ET (14:40 GMT)
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