Standard Chartered PLC Overseas Regulatory Announcement (6848I)

TIDMSTAN

RNS Number : 6848I

Standard Chartered PLC

27 March 2015

STANDARD CHARTERED PLC

27 March 2015

WAIVER IN RESPECT OF SPECIFIC MANDATE TO ISSUE EQUITY CONVERTIBLE ADDITIONAL TIER 1 SECURITIES

On 20 March 2015, 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 2015 annual general meeting to be held on 6 May 2015 ("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 annual general meeting (or, if earlier, at the close of business on 5 August 2016) 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/6848I_-2015-3-27.pdf

Contact name for Enquiries

Lee Davis, Assistant Group Secretary

020 7885 7154

This information is provided by RNS

The company news service from the London Stock Exchange

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