SSC - Singapore Shipping Corporation Ltd.

12/02/2019 | Press release | Distributed by Public on 12/02/2019 04:12

Share Buy Back - Daily Share Buy-Back Notice

Announcement TitleShare Buy Back - Daily Share Buy-Back NoticeDate & Time of BroadcastDec 2, 2019 17:48StatusNewAnnouncement Sub TitleDaily Share Buy-Back NoticeAnnouncement ReferenceSG191202OTHRA27PSubmitted By (Co./ Ind. Name)Lee Li HuangDesignationChief Financial Officer and Company SecretaryDescription (Please provide a detailed description of the event in the box below)Share Buy-Back by way of market acquisitionAdditional DetailsStart date for mandate of daily share buy-back26/07/2019Section AMaximum number of shares authorised for purchase42,417,689Purchase made by way of market acquisitionYes
Singapore Exchange Overseas Exchange
Date of Purchase 02/12/2019
Total Number of shares purchased 167,000
Number of shares cancelled 0
Number of shares held as treasury shares 167,000
Price Paid per share
Price Paid per share SGD 0.29
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares SGD 48,503
Section BPurchase made by way of off-market acquisition on equal access schemeNoSection C
Cumulative No. of shares purchased to date^ Number Percentage#
By way of Market Acquisition 14,523,700 3.42
By way off Market Acquisition on equal access scheme 0 0
Total 14,523,700 3.42
#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 obtainedSection DNumber of issued shares excluding treasury shares after purchase409,653,191Number of treasury shares held after purchase27,366,600