Standard Chartered PLC Transaction in Own Shares (5068F)

TIDMSTAN

RNS Number : 5068F

Standard Chartered PLC

09 March 2020

STANDARD CHARTERED PLC

9 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:                                 9 March 2020 
 Aggregate number of ordinary shares purchased:    2,187,763 
 Lowest price paid per share:                      456.7000 
 Highest price paid per share:                     486.2000 
 Weighted average price paid per share:            468.9387 
 

Aggregated information of ordinary shares purchased today according to each trading venue:

 
         Venue            Weighted average       Aggregate         Lowest        Highest 
                             price paid          number of        price paid    price paid 
                              per share       shares purchased    per share     per share 
 London Stock Exchange        468.8802           1,294,369        456.8000      480.8000 
                         -----------------  ------------------  ------------  ------------ 
 Turquoise                    469.0413            211,524         456.8000      486.2000 
                         -----------------  ------------------  ------------  ------------ 
 Chi-X (CXE)                  469.0398            305,023         456.7000      486.2000 
                         -----------------  ------------------  ------------  ------------ 
 BATS (BXE)                   469.0001            376,847         456.7000      486.2000 
                         -----------------  ------------------  ------------  ------------ 
 

SC intends to cancel the purchased shares.

Following the purchase of these shares, SC will have 3,188,326,513 ordinary shares in issue. Therefore, the total voting rights in SC will be 797,081,628 . 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/5068F_1-2020-3-9.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                [phone] 

Julie Gibson, Head of Media Relations [phone]

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 [e-mail] or visit www.rns.com.

END

POSFLFFDVIIAIII

(END) Dow Jones Newswires

March 09, 2020 13:23 ET (17:23 GMT)