REG - Standard Chrtrd PLC - Transaction in Own Shares
RNS Number : 9458HStandard Chartered PLC27 March 2020STANDARD CHARTERED PLC
27 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:
27 March 2020
Aggregate number of ordinary shares purchased:
2,125,241
Lowest price paid per share:
459.0000
Highest price paid per share:
471.4000
Weighted average price paid per share:
465.7785
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
465.7898
1,508,499
459.0000
471.4000
Chi-X (CXE)
465.7617
290,049
459.3000
471.0000
BATS (BXE)
465.7413
326,693
459.3000
471.0000
SC intends to cancel the purchased shares.
Following the purchase of these shares, SC will have 3,160,158,096 ordinary shares in issue. Therefore, the total voting rights in SC will be 790,039,524. 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/9458H_1-2020-3-27.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.ENDPOSFLFSDVTIDFII
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