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

Issuer & Securities

Issuer/ Manager
GCCP RESOURCES LIMITED
Securities
GCCP RESOURCES LIMITED - KYG377411080 - 41T
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
20-Jan-2016 18:52:27
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice
Announcement Reference
SG160120OTHR2CWR
Submitted By (Co./ Ind. Name)
Kenneth Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Daily share buy back by way of market acquisition.

The Company was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 30 April 2015. 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 Company's 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 or 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 Mr Lance Tan, Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Start date for mandate of daily share buy-back
30/09/2015

Section A

Maximum number of shares authorised for purchase
119,343,293
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase20/01/2016
Total Number of shares purchased1,300,000
Number of shares cancelled0
Number of shares held as treasury shares1,300,000
Price Paid per share
Price Paid per shareSGD 0.105
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 136,850.54

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 Acquisition37,600,0003.15
By way off Market Acquisition on equal access scheme00
Total37,600,0003.15
#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
1,155,832,933
Number of treasury shares held after purchase
37,600,000