Standard Chartered PLC Transaction in Own Shares (3100I)
March 31 2020 - 12:55PM
UK Regulatory
TIDMSTAN
RNS Number : 3100I
Standard Chartered PLC
31 March 2020
STANDARD CHARTERED PLC
31 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: 31 March 2020
Aggregate number of ordinary shares purchased: 2,190,601
Lowest price paid per share: 435.7000
Highest price paid per share: 457.9000
Weighted average price paid per share: 446.0753
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 446.0790 1,296,959 436.3000 457.9000
----------------- ------------------ ------------ ------------
Turquoise 445.9547 211,540 435.7000 457.2000
----------------- ------------------ ------------ ------------
Chi-X (CXE) 446.1297 305,150 435.7000 457.9000
----------------- ------------------ ------------ ------------
BATS (BXE) 446.0862 376,952 435.7000 457.8000
----------------- ------------------ ------------ ------------
SC intends to cancel the purchased shares.
Following the purchase of these shares, SC will have
3,156,182,262 ordinary shares in issue. Therefore, the total voting
rights in SC will be 789,045,565 . 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/3100I_1-2020-3-31.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
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