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Standard Chartered Plc - Update In Relation To The IDR Surrender & Sale Process Of Standard Chartered PLC (The Company)

| Updated on July 26, 2019 Published on July 26, 2019

We would like to inform you that the Company has provided the holders of the IDRs of the Company (the IDR Holders) with the opportunity to surrender IDRs held by them (between June 17, 2019 to August 2, 2019) and request the sale of the Shares underlying such IDRs on the London Stock Exchange (the LSE) in the United Kingdom (the Surrender & Sale Process).

In this regard, we would like to bring to your notice that valid Instruction Letters were received from IDR Holders in the week of July 08, 2019 to July 12, 2019 for surrender of 1000 IDRs and requesting sale of Shares underlying such IDRs. Accordingly, 100 Shares underlying the IDRs were sold on the LSE under the Surrender & Sale Process in the week of July 15, 2019 to July 19, 2019 and 1000 IDRs will be cancelled as part of the Surrender & Sale Process by July 27, 2019.

The number of outstanding IDRs as on July 29, 2019 will be 9,872,030 IDRs

Pdf Link: Standard Chartered Plc - Update In Relation To The IDR Surrender & Sale Process Of Standard Chartered PLC (The Company)

Source : BSE - www.bseindia.com

Published on July 26, 2019
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