Transaction in Own Shares

Standard Chartered PLC
25 June 2024
 

STANDARD CHARTERED PLC

25 June 2024

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 J.P. Morgan Securities plc, pursuant to the share buy-back programme previously detailed in the announcement of 26 February 2024 (the "2024 Buy-back").

Aggregated information of ordinary shares purchased today pursuant to the 2024 Buy-back:

Date of purchase:

25 June 2024

Aggregate number of ordinary shares purchased:

650,144

Lowest price paid per share:

725.6000 pence

Highest price paid per share:

736.0000 pence

Weighted average price paid per share:

730.7219 pence

Venue:

London Stock Exchange

As of close of business London time on the trading day preceding the date of this announcement, SC had applied an aggregate of US$993,978,859.46 to share purchases pursuant to the 2024 Buy-back.

Following the purchase of these shares, the Programme that commenced on 27 February 2024 (announced on 26 February 2024), has completed. Since the commencement of the Programme, the Company has repurchased for cancellation 113,266,516 ordinary shares at a volume weighted average price of £6.9689 per ordinary share for an aggregate consideration of approximately US$1 billion.

SC intends to cancel the purchased shares. Following the cancellation of the purchased shares, SC will have 2,551,790,045 ordinary shares in issue. Therefore, the total number of voting rights in SC will be 2,551,790,045. Following SC's 2024 annual general meeting held on 10 May 2024, SC's share voting structure has been amended so that ordinary shareholders have one vote for every ordinary share they hold in SC.

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 2024.

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/8539T_1-2024-6-25.pdf

This announcement will also be available on SC's website at: https://www.sc.com/en/investors/stock-exchange-announcements/

Enquiries to:

Manus Costello, Global Head, Investor Relations

+44 (0) 20 7885 0017

Shaun Gamble, Director, Group Media Relations

+44 (0) 20 7885 5934

 

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