Standard Chartered PLC Overseas Regulatory Announcement
April 05 2024 - 5:30AM
RNS Regulatory News
RNS Number : 5089J
Standard Chartered PLC
05 April 2024
STANDARD CHARTERED PLC
5 April 2024
WAIVER IN RESPECT OF SPECIFIC
MANDATE TO ISSUE EQUITY CONVERTIBLE ADDITIONAL TIER 1
SECURITIES
On 26 February 2024, The Stock
Exchange of Hong Kong Limited granted a waiver to Standard
Chartered PLC (the "Company") from compliance with Rule 13.36(1) of
the Rules Governing the Listing of Securities on The Stock Exchange
of Hong Kong Limited (the "Waiver").
The Waiver allows the directors to
seek a specific mandate from the shareholders at the Company's 2024
annual general meeting to be held on 10
May 2024 ("AGM") in relation to issuing Equity
Convertible Additional Tier 1 Securities, subject to the limits set
out in the Company's Notice of AGM. If the specific mandate is
approved by shareholders, the waiver would continue in force
until:
(i) the end of next year's AGM (or,
if earlier, at the close of business on 9 August 2025) at which
time it will lapse unless the specific mandate is renewed, either
unconditionally or subject to conditions; or
(ii) revoked or varied by ordinary
resolution of the shareholders in a general meeting.
To view the full announcement click
here:
http://www.rns-pdf.londonstockexchange.com/rns/5089J_1-2024-4-5.pdf
Contact name for Enquiries
Rebecca Whibley, Director, Board
Governance, Capital & Listings - 0207 885 9144
Sharn Hawkins, Executive Director,
Treasury Capital - 0207 885 1564
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
MSCUVVWRSKUSRRR
Standard Chartered (LSE:STAN)
Historical Stock Chart
From Apr 2024 to May 2024
Standard Chartered (LSE:STAN)
Historical Stock Chart
From May 2023 to May 2024