Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - 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 Broadcast01-Mar-2016 17:13:19
StatusNew
Announcement Sub TitleShare Buy Back - Daily Share Buy-Back Notice
Announcement ReferenceSG160301OTHRNO4N
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 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 01 March 2016, the issued share capital of the Company consists of 524,249,953 (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 Purchase01/03/2016
Total Number of shares purchased50,000
Number of shares cancelled0
Number of shares held as treasury shares50,000
Price Paid per share
Price Paid per shareSGD 0.32
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 16,058.21
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 Acquisition13,705,0002.5505
By way off Market Acquisition on equal access scheme00
Total13,705,0002.5505
#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 purchase524,249,953
Number of treasury shares held after purchase35,750,047