Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice
Issuer & Securities
Issuer/ ManagerCOURTS ASIA LIMITED
SecuritiesCOURTS ASIA LIMITED - SG2F22986069 - RE2
Stapled SecurityNo
Announcement Details
Announcement Title Share Buy Back - Daily Share Buy-Back Notice
Date & Time of Broadcast20-Jan-2017 21:20:22
StatusNew
Announcement Sub TitleDaily Share Buy-Back Notice
Announcement ReferenceSG170120OTHR0LWF
Submitted By (Co./ Ind. Name)Dr Terence Donald O'Connor
DesignationExecutive Director and Group CEO
Description (Please provide a detailed description of the event in the box below)The renewal of the Share Buy-Back Mandate was approved by the Shareholders at the Annual General Meeting held on 27 July 2016. As at 27 July 2016, the issued share capital of the Company consists of 517,267,066 ordinary shares (excluding treasury shares of 42,732,934). After the share buy-back carried out on 20 January 2017, the issued share capital of the Company consists of 514,262,544 (excluding the shares repurchased which were held as treasury shares).
Additional Details
Start date for mandate of daily share buy-back27/07/2016
Section A
Maximum number of shares authorised for purchase51,726,706
Purchase made by way of market acquisitionYes
Singapore ExchangeOverseas Exchange
Date of Purchase20/01/2017
Total Number of shares purchased91,000
Number of shares cancelled0
Number of shares held as treasury shares91,000
Price Paid per share
Price Paid per shareSGD 0.44
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 40,110.69
Section B
Purchase made by way of off-market acquisition on equal access schemeNo
Section C
Cumulative No. of shares purchased to date^NumberPercentage#
By way of Market Acquisition2,989,5000.5779
By way off Market Acquisition on equal access scheme00
Total2,989,5000.5779
#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained
Section D
Number of issued shares excluding treasury shares after purchase514,262,544
Number of treasury shares held after purchase45,737,456