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STAN Standard Chartered Plc

840.60
12.60 (1.52%)
07 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Standard Chartered Plc LSE:STAN London Ordinary Share GB0004082847 ORD USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  12.60 1.52% 840.60 840.00 840.40 843.80 827.00 828.00 6,924,008 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 18.02B 3.47B 1.3744 6.11 20.9B

Standard Chartered PLC Delisting of Indian Depository Receipts (7866T)

22/07/2020 3:30pm

UK Regulatory


Standard Chartered (LSE:STAN)
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From Oct 2019 to Oct 2024

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TIDMSTAN

RNS Number : 7866T

Standard Chartered PLC

22 July 2020

Standard Chartered PLC

Completion of Delisting of Indian Depository Receipts

22 July 2020

Standard Chartered PLC (the Group) announced on 9 March 2020 that it intended to terminate its Indian Depository Receipt (IDR) programme. The Group has now completed the termination of the IDR programme, and accordingly the IDRs have been delisted from BSE Limited and the National Stock Exchange of India Limited, in India.

As at 19 June 2020, there were around 7.5 million IDRs outstanding from the original 240 million IDRs that were issued in 2010. The approximately 750,000 underlying Group ordinary shares that these IDRs represented were sold on the London Stock Exchange on 22 June 2020 and the net sale proceeds distributed to the relevant IDR holders.

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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(END) Dow Jones Newswires

July 22, 2020 10:30 ET (14:30 GMT)

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