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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-1.40 | -0.21% | 681.40 | 682.40 | 682.80 | 692.60 | 680.40 | 691.00 | 6,863,408 | 16:35:01 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 18.02B | 3.47B | 1.2403 | 5.51 | 19.1B |
TIDMSTAN
RNS Number : 6830U
Standard Chartered PLC
07 April 2021
STANDARD CHARTERED PLC
7 April 2021
WAIVER IN RESPECT OF SPECIFIC MANDATE TO ISSUE EQUITY CONVERTIBLE ADDITIONAL TIER 1 SECURITIES
On 5 March 2021, The Stock Exchange of Hong Kong Limited granted a waiver to Standard Chartered PLC (the "Company") from compliance with Rule 13.36(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Waiver").
The Waiver allows the directors to seek a specific mandate from the shareholders at the Company's 2021 annual general meeting to be held on 12 May 2021 ("AGM") in relation to issuing Equity Convertible Additional Tier 1 Securities, subject to the limits set out in the Company's Notice of AGM. If the specific mandate is approved by shareholders, the waiver would continue in force until:
(i) the end of next year's AGM (or, if earlier, at the close of business on 11 August 2022) at which time it will lapse unless the specific mandate is renewed, either unconditionally or subject to conditions; or
(ii) revoked or varied by ordinary resolution of the shareholders in a general meeting.
To view the full announcement click here:
http://www.rns-pdf.londonstockexchange.com/rns/6830U_1-2021-4-7.pdf
Contact name for Enquiries
Joan Medland, Head, Advisory, Capital & Listings - 020 7885 5561
Richard Staff, Head, Capital Issuance & Term Funding - 0207 885 8656
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END
MSCUBARRARUSRAR
(END) Dow Jones Newswires
April 07, 2021 06:20 ET (10:20 GMT)
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