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Standard Chrtrd PLC - Transaction in Own Shares

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 price paid per share

Aggregate number of shares purchased

Lowest price paid per share

Highest price paid 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 [email protected] or visit www.rns.com.
 
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Quick facts: Standard Chartered PLC

Price: 434.2

Market: LSE
Market Cap: £13.7 billion
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