LawFuel.com – Slaughter and May is advising Standard Chartered PLC (the ‘Company’) on the implementation of a partial two-way fungibility programme enabling the redemption of Indian Depository Receipts (‘IDRs’) issued by the Company into ordinary shares of the Company (‘Shares’) and the conversion of Shares into IDRs.
The Shares to be released on redemption of IDRs will be registered on the UK share register and traded on the London Stock Exchange.
