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

Issuer & Securities

Issuer/ Manager
PACIFIC RADIANCE LTD.
Securities
PACIFIC RADIANCE LTD. - SG2G39998387 - T8V
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
18-Jul-2016 08:55:10
Status
New
Announcement Sub Title
DAILY SHARE BUY-BACK NOTICE
Announcement Reference
SG160718OTHRAVW4
Submitted By (Co./ Ind. Name)
LOO CHOO LEONG
Designation
GROUP FINANCE DIRECTOR
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 28 April 2016. As at 28 April 2016, the issued share capital of the Company consists of 715,837,613 ordinary shares (excluding treasury shares of 9,917,400).

The cumulative number of shares purchased to-date (under Section C) represent the total shares purchased since the renewed mandate dated 28 April 2016.

Additional Details

Start date for mandate of daily share buy-back
28/04/2016

Section A

Maximum number of shares authorised for purchase
71,583,761
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase15/07/2016
Total Number of shares purchased200,000
Number of shares cancelled0
Number of shares held as treasury shares200,000
Price Paid per share
Price Paid per shareSGD 0.25
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 50,117.7

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 Acquisition979,5000.14
By way off Market Acquisition on equal access scheme00
Total979,5000.14
#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
714,858,113
Number of treasury shares held after purchase
10,896,900