Last checked at 11 Mar 2021 17:33
STANDARD CHARTERED PLC
11 March 2021
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 from Merrill Lynch International ("BofA Securities"), pursuant to the share buy-back programme previously outlined on 25 February 2021 and detailed in the announcement of 26 February 2021.
Ordinary shares:
Date of purchase: | 11 March 2021 |
Aggregate number of ordinary shares purchased: | 1,910,326 |
Lowest price paid per share: | 477.7000 pence |
Highest price paid per share: | 489.1000 pence |
Weighted average price paid per share: | 482.3543 pence |
Aggregated information of ordinary shares purchased today according to each trading venue:
Venue | Weighted average price paid per share (GB pence) | Aggregate number of shares purchased | Lowest price paid per share(GB pence) | Highest price paid per share(GB pence) |
London Stock Exchange | 482.6097 | 1,070,687 | 477.7000 | 488.9000 |
Turquoise | 482.0511 | 162,869 | 477.9000 | 489.1000 |
Chi-X (CXE) | 482.1800 | 237,016 | 477.7000 | 489.1000 |
BATS (BXE) | 481.8940 | 359,398 | 477.8000 | 488.2000 |
Aquis UK | 482.1382 | 80,356 | 477.8000 | 487.8000 |
SC intends to cancel the purchased shares.
Following the cancellation of the purchased shares, SC will hold no ordinary shares in treasury and will have 3,141,396,058 ordinary shares in issue. Therefore, the total voting rights in SC will be 785,349,014. 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.
Any such share purchases will be effected in accordance with certain pre-set parameters and limits, and in accordance with applicable law and regulation as described in more detail in SC's announcement of 26 February 2021.
In accordance with Article 5(1)(b) of Regulation (EU) No. 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades is attached to this announcement.
http://www.rns-pdf.londonstockexchange.com/rns/0211S_1-2021-3-11.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