Last checked at 30 Mar 2020 18:20
STANDARD CHARTERED PLC
30 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:
| 30 March 2020 |
Aggregate number of ordinary shares purchased:
| 1,785,233 |
Lowest price paid per share:
| 448.5000 |
Highest price paid per share:
| 467.3000 |
Weighted average price paid per share:
| 456.1738 |
Aggregated information of ordinary shares purchased today according to each trading venue:
Venue
| Weighted average price paid per share | Aggregate number of shares purchased | Lowest price paid per share | Highest price paid per share |
London Stock Exchange | 457.1379 | 1,295,096 | 448.5000 | 467.3000 |
Turquoise | 448.6000 | 1 | 448.6000 | 448.6000 |
Chi-X (CXE) | 451.7053 | 117,348 | 448.7000 | 456.0000 |
BATS (BXE) | 454.2307 | 372,788 | 448.6000 | 461.0000 |
SC intends to cancel the purchased shares.
Following the purchase of these shares, SC will have 3,158,372,863 ordinary shares in issue. Therefore, the total voting rights in SC will be 789,593,215. 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/1250I_1-2020-3-30.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