Standard Chartered PLC Transaction in Own Shares (2075F)
March 05 2020 - 12:48PM
UK Regulatory
TIDMSTAN
RNS Number : 2075F
Standard Chartered PLC
05 March 2020
STANDARD CHARTERED PLC
5 March 2020
Transaction in own shares
Standard Chartered PLC ("SC") announces that today it purchased
the following number of its ordinary shares of US$0.50 each through
J.P. Morgan Securities plc, pursuant to the share buy-back
programme previously announced on 27 February 2020.
Ordinary Shares:
Date of purchase: 5 March 2020
Aggregate number of ordinary shares purchased: 2,190,601
Lowest price paid per share: 527.2000
Highest price paid per share: 542.6000
Weighted average price paid per share: 533.6524
Aggregated information of ordinary shares purchased today
according to each trading venue:
Venue Weighted average Aggregate Lowest Highest
price paid number of price paid price paid
per share shares purchased per share per share
London Stock Exchange 533.7594 1,296,959 527.6000 542.6000
----------------- ------------------ ------------ ------------
Turquoise 533.3460 211,540 527.2000 538.6000
----------------- ------------------ ------------ ------------
Chi-X (CXE) 533.7653 305,150 527.8000 542.6000
----------------- ------------------ ------------ ------------
BATS (BXE) 533.3645 376,952 527.6000 538.4000
----------------- ------------------ ------------ ------------
SC intends to cancel the purchased shares.
Following the purchase of these shares, SC will have
3,192,704,877 ordinary shares in issue. Therefore, the total voting
rights in SC will be 798,176,219 . This figure for the total number
of voting rights may be used by shareholders as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, SC
under the FCA's Disclosure Guidelines and Transparency Rules.
SC holds no shares in Treasury.
In respect of this buy-back programme, J.P. Morgan Securities
plc will purchase SC's ordinary shares, acting as principal, for a
period from 2 March 2020 up to and including 14 May 2020.
Any such share purchases will be effected in accordance with
certain pre-set parameters, and in accordance with (and subject to
limits prescribed by) SC's general authority to repurchase ordinary
shares granted by its shareholders, Chapter 12 of the Financial
Conduct Authority's Listing Rules, Article 5(1) of Regulation (EU)
No 596/2014 (the "Market Abuse Regulation"), the Commission
Delegated Regulation (EU) 2016/1052, the Rules Governing the
Listing of Securities on the Stock Exchange of Hong Kong Limited,
and the Hong Kong Codes on Takeovers and Mergers and Share
Buy-Backs.
In accordance with Article 5(1)(b) of the Market Abuse
Regulation, a full breakdown of the individual trades is attached
to this announcement.
http://www.rns-pdf.londonstockexchange.com/rns/2075F_1-2020-3-5.pdf
This announcement will also be available on SC's website at:
https://www.sc.com/en/investors/stock-exchange-announcements/
Enquiries to:
Mark Stride, Head of Investor Relations +44 (0) 20 7885 8596
Julie Gibson, Head of Media Relations +44 (0) 20 7885 2434
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.
END
POSFLFSDVSIEIII
(END) Dow Jones Newswires
March 05, 2020 12:48 ET (17:48 GMT)
Standard Chartered (LSE:STAN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Standard Chartered (LSE:STAN)
Historical Stock Chart
From Sep 2023 to Sep 2024