Share Buy Back - Daily Share Buy-Back Notice::SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE

Issuer & Securities

Issuer/ Manager
ASPEN (GROUP) HOLDINGS LIMITED
Securities
ASPEN (GROUP) HOLDINGS LIMITED - SG1DI2000001 - 1F3
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
22-Mar-2019 18:37:46
Status
New
Announcement Sub Title
SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE
Announcement Reference
SG190322OTHR8FAI
Submitted By (Co./ Ind. Name)
DATO' MURLY MANOKHARAN
Designation
PRESIDENT AND GROUP CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
The percentage of the cumulative number of shares purchased to-date is calculated based on 963,617,900 issued shares in the capital of the Company excluding treasury shares pursuant to the share buy-back resolution passed at the Extraordinary General Meeting held on 29 January 2019.

Aspen (Group) Holdings Limited (the "Company") is listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 28 July 2017. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined nor approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms. Jennifer Tan, Associate Director (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

Additional Details

Start date for mandate of daily share buy-back
29/01/2019

Section A

Name of Overseas exchange where company has dual listing
Nil
Maximum number of shares authorised for purchase
96,361,790
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase22/03/2019
Total Number of shares purchased10,000
Number of shares cancelled0
Number of shares held as treasury shares10,000
Price Paid per share
Price Paid per shareSGD 0.145
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 1,461.7

Section B

Purchase made by way of off-market acquisition on equal access scheme
No

Section C

Cumulative No. of shares purchased to date^
Number
Percentage#
By way of Market Acquisition20,0000.0021
By way off Market Acquisition on equal access scheme00
Total20,0000.0021
#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 purchase
963,597,900
Number of treasury shares held after purchase
20,000