Standard Chartered PLC informs about company updates

20 Sep 2019 Evaluate

Standard Chartered PLC has informed 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 September 30, 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, the company informs that valid Instruction Letters were received from IDR Holders in the week of September 9 to September 13, 2019 for surrender of 203550 IDRs requesting sale of Shares underlying such IDRs. Accordingly, 20355 Shares underlying the IDRs were sold on the LSE under the Surrender & Sale Process on September 18, 2019 and 203550 IDRs will be cancelled as part of the Surrender & Sale Process. The number of outstanding IDRs as on September 19, 2019 is 8,865,900 IDRs. 

The above information is a part of company’s filings submitted to BSE.

Standard Chartered Share Price

36.20 0.00 (0.00%)
17-Jun-2020 18:01 View Price Chart
Peers
Company Name CMP
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