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

Issuer & Securities

Issuer/ Manager
KEPPEL REIT MANAGEMENT LIMITED
Securities
KEPPEL REIT - SG1T22929874 - K71U
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
25-Feb-2019 17:40:24
Status
New
Announcement Sub Title
Unit Buy-Back - Daily Unit Buy-Back Notice
Announcement Reference
SG190225OTHRV5AQ
Submitted By (Co./ Ind. Name)
Kelvin Chua / Marc Tan
Designation
Joint Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Unit Buy-Back by way of market acquisition and all Units repurchased will be cancelled.

The Board of Directors of the Manager is satisfied on reasonable grounds that, immediately after the repurchase of Units, the Manager will be able to fulfil, from the Deposited Property, the Liabilities as these liabilities fall due. The references to "Deposited Properties" and "Liabilities" shall have the meanings as ascribed to them in the trust deed dated 28 November 2005, as may be amended from time to time, constituting Keppel REIT.

All reference to "share" or "shares" on this announcement shall mean "unit" or "units".

Additional Details

Start date for mandate of daily share buy-back
20/04/2018

Section A

Maximum number of shares authorised for purchase
169,473,366
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase25/01/2019
Total Number of shares purchased750,000
Number of shares cancelled750,000
Number of shares held as treasury shares0
Highest/ Lowest price per share
Highest Price per shareSGD 1.23
Lowest Price per shareSGD 1.23
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 923,585.78

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 Acquisition34,027,8001.004
By way off Market Acquisition on equal access scheme00
Total34,027,8001.004
#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
3,404,214,300
Number of treasury shares held after purchase
0