Standard Chartered PLC
21 July 2006
On 20 July 2006, Standard Chartered PLC (the 'Company') was notified by Temasek
Holdings (Private) Limited ('Temasek') under Companies Act 1985 that Temasek's
wholly-owned subsidiary, Dover Investments Pte Ltd, had completed the
acquisition of 152,399,222 ordinary shares in the Company announced on 27 March
2006. Temasek's notification also identified the registered holders selling the
shares. These shares, together with Temasek's interest of 966,714 shares
notified on 27 March 2006, represent 11.5 per cent of the issued ordinary share
capital of the Company. The acquired shares comprised interests within the
estate of the late Tan Sri Khoo Teck Puat ('Estate') and interests of Goodwood
Park Hotel Limited ('Goodwood Park') and Glen Holdings (Pte) Limited ('Glen').
On 20 July 2006, the Company also received a notification on behalf of the
Estate, Goodwood Park and Glen and certain other persons (together, the 'Sellers
') of the sale of these shares.
The Company was also notified on 20 July 2006 that the agreement relating to the
sale and purchase contains certain provisions which mean that until 20 January
2007, under technical Companies Act provisions, the Sellers are treated as
interested by attribution in ordinary shares in which Temasek is interested and
vice versa. The Company was further notified that certain of the Sellers are
beneficially interested in an aggregate of 183,355 ordinary shares.
Accordingly, by virtue of the technical Companies Act provisions referred to
above, all of the Sellers and Temasek are treated as interested by attribution
in such ordinary shares.
For further information, please contact:
Sean Farrell, Head, Media Relations
+44 20 7280 7163
Sean.Farrell@uk.standardchartered.com
Romy Murray, Head, Investor Relations
+44 20 7280 7245
Romy.C.Murray@uk.standardchartered.com
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.