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 Broadcast25-Feb-2016 17:29:44
StatusNew
Announcement Sub TitleDaily Share Buy-Back Notice
Announcement ReferenceSG160225OTHR1057
Submitted By (Co./ Ind. Name)Dr Terence Donald O'Connor
DesignationExecutive Director cum Group Chief Executive Officer
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 31 July 2015. As at 31 July 2015, the issued share capital of the Company consists of 537,346,625 ordinary shares (excluding treasury shares of 22,653,375). After the share buy-back carried out on 25 February 2016, the issued share capital of the Company consists of 524,399,953 ordinary shares (excluding the shares repurchased which were held as treasury shares).
Additional Details
Start date for mandate of daily share buy-back31/07/2015
Section A
Maximum number of shares authorised for purchase53,734,662
Purchase made by way of market acquisitionYes
Singapore ExchangeOverseas Exchange
Date of Purchase25/02/2016
Total Number of shares purchased20,000
Number of shares cancelled0
Number of shares held as treasury shares20,000
Price Paid per share
Price Paid per shareSGD 0.33
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 6,645.64
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 Acquisition13,555,0002.5226
By way off Market Acquisition on equal access scheme00
Total13,555,0002.5226
#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 purchase524,399,953
Number of treasury shares held after purchase35,600,047