Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice

Issuer & Securities

Issuer/ Manager
COURTS ASIA LIMITED
Securities
COURTS ASIA LIMITED - SG2F22986069 - RE2
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
14-Oct-2014 17:39:30
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice
Announcement Reference
SG141014OTHRXZWX
Submitted By (Co./ Ind. Name)
Dr Terence Donald O'Connor
Designation
Executive Director/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 30 July 2014. As at 30 July 2014, the issued share capital of the Company consists of 555,739,109 ordinary shares (excluding treasury shares of 4,260,891). After the share buy-back carried out on 14 October 2014, the issued share capital of the Company is 553,903,211 (excluding the shares repurchased which were held as treasury shares).

The initial public offering of Courts Asia's shares was sponsored by The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, who assumes no responsibility for the contents of this announcement.

Additional Details

Start date for mandate of daily share buy-back
30/07/2014

Section A

Maximum number of shares authorised for purchase
55,573,910
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase14/10/2014
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 0.4455
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 22,356.04

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 Acquisition1,858,0000.3343
By way off Market Acquisition on equal access scheme00
Total1,858,0000.3343
#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
553,903,211
Number of treasury shares held after purchase
6,096,789