SSC - Singapore Shipping Corporation Ltd.

01/11/2019 | Press release | Distributed by Public on 01/11/2019 05:10

Share Buy Back - Daily Share Buy-Back Notice

Announcement Title Share Buy Back - Daily Share Buy-Back Notice
Date & Time of Broadcast Jan 11, 2019 17:47
Status New
Announcement Sub Title Daily Share Buy-Back Notice
Announcement Reference SG190111OTHRXLFV
Submitted By (Co./ Ind. Name) Lee Li Huang
Designation Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below) Share Buy-Back by way of market acquisition
Additional Details
Start date for mandate of daily share buy-back 27/07/2018
Section A
Maximum number of shares authorised for purchase 43,701,979
Purchase made by way of market acquisition Yes
Singapore Exchange Overseas Exchange
Date of Purchase 11/01/2019
Total Number of shares purchased 6,000
Number of shares cancelled 0
Number of shares held as treasury shares 6,000
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 1,762
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 Acquisition 6,846,200 1.57
By way off Market Acquisition on equal access scheme 0 0
Total 6,846,200 1.57
#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 430,173,591
Number of treasury shares held after purchase 6,846,200