Transaction in Own Shares

RNS Number : 3970R

Standard Chartered PLC

05 March 2021

 

STANDARD CHARTERED PLC

5 March 2021

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 from Merrill Lynch International ("BofA Securities"), pursuant to the share buy-back programme previously outlined on 25 February 2021 and detailed in the announcement of 26 February 2021.

Ordinary shares:

Date of purchase:	5 March 2021
Aggregate number of ordinary shares purchased:	1,685,198
Lowest price paid per share:	476.2000 pence
Highest price paid per share:	501.0000 pence
Weighted average price paid per share:	498.4967 pence

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

Venue	Weighted average price paid per share (GB pence)	Aggregate number of shares purchased	Lowest price paid per share (GB pence)	Highest price paid per share (GB pence)
London Stock Exchange	497.5298	925,150	476.2000	501.0000
Turquoise	499.9667	140,344	478.2000	501.0000
Chi-X (CXE)	499.0758	221,000	477.3000	501.0000
BATS (BXE)	499.8871	323,704	476.6000	501.0000
Aquis UK	499.9656	75,000	478.2000	501.0000

SC intends to cancel the purchased shares.

Following the cancellation of the purchased shares, SC will hold no ordinary shares in treasury and will have 3,147,882,302 ordinary shares in issue. Therefore, the total voting rights in SC will be 786,970,575. 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.

Any such share purchases will be effected in accordance with certain pre-set parameters and limits, and in accordance with applicable law and regulation as described in more detail in SC's announcement of 26 February 2021.

In accordance with Article 5(1)(b) of Regulation (EU) No. 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/3970R_1-2021-3-5.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]

 

END

 

 

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