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
16-Mar-2016 17:46:00
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice
Announcement Reference
SG160316OTHR9F8Z
Submitted By (Co./ Ind. Name)
Dr Terence Donald O'Connor
Designation
Executive 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 16 March 2016, the issued share capital of the Company consists of 522,692,346 ordinary shares (excluding the shares repurchased which were held as treasury shares).

Additional Details

Start date for mandate of daily share buy-back
31/07/2015

Section A

Maximum number of shares authorised for purchase
53,734,662
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase16/03/2016
Total Number of shares purchased110,000
Number of shares cancelled0
Number of shares held as treasury shares110,000
Highest/ Lowest price per share
Highest Price per shareSGD 0.315
Lowest Price per shareSGD 0.31
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 34,279.25

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 Acquisition15,295,2002.8464
By way off Market Acquisition on equal access scheme00
Total15,295,2002.8464
#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
522,692,346
Number of treasury shares held after purchase
37,307,654