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

| Updated on August 06, 2019 Published on August 06, 2019

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 30, 2019) and request the sale of the Shares underlying such IDRs on the London Stock Exchange (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 15, 2019 to July 19, 2019 for surrender of 8650 IDRs and requesting sale of Shares underlying such IDRs. Accordingly, 865 Shares underlying the IDRs were sold on the LSE under the Surrender & Sale Process in the week of July 22, 2019 to July 26, 2019 and 8650 IDRs will be cancelled as part of the Surrender & Sale Process by August 9, 2019.

The number of outstanding IDRs as on August 06, 2019 (excluding the IDRs for which valid applications have being received as above) are 9,682,720 IDRs..

We request you to kindly take note of the above.

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 August 06, 2019
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