SSC - Singapore Shipping Corporation Ltd.

12/07/2021 | Press release | Distributed by Public on 12/07/2021 04:14

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

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

Issuer & Securities

Issuer/ ManagerSINGAPORE SHIPPING CORPORATION LIMITEDSecuritiesSINGAPORE SHIPPING CORP LTD - SG1J24887775 - S19
Stapled SecurityNo

Announcement Details

Announcement Title Share Buy Back - Daily Share Buy-Back NoticeDate &Time of Broadcast 07-Dec-2021 18:08:38Status NewAnnouncement Sub TitleDaily Share Buy-Back NoticeAnnouncement ReferenceSG211207OTHR5RI9Submitted 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 acquisition

Additional Details

Start date for mandate of daily share buy-back28/07/2021

Section A

Maximum number of shares authorised for purchase39,889,089Purchase made by way of market acquisitionYes
Singapore Exchange Overseas Exchange
Date of Purchase 07/12/2021
Total Number of shares purchased 305,200
Number of shares cancelled 0
Number of shares held as treasury shares 305,200
Highest/ Lowest price per share
Highest Price per share SGD 0.28
Lowest Price per share SGD 0.275
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares SGD 85,340

Section B

Purchase made by way of off-market acquisition on equal access schemeNo

Section C

Cumulative No. of shares purchased to date^ Number Percentage#
By way of Market Acquisition 2,628,000 0.66
By way off Market Acquisition on equal access scheme 0 0
Total 2,628,000 0.66
#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 purchase396,262,891Number of treasury shares held after purchase3,727,400

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