| Announcement Title |
Share Buy Back - Daily Share Buy-Back Notice |
| Announcement Subtitle |
Share Buy Back - Daily Share Buy-Back Notice |
| Securities |
AVI-TECH ELECTRONICS LIMITED (AVITECH)
|
| Date & Time of Broadcast |
May 16, 2016 18:50 |
| Submitted By |
Adrian Chan Pengee
Company Secretary |
| Description |
Daily share buy-back by way of market acquisition. |
| Details |
| Share Buy-Back Mandate Start Date |
Oct 27, 2015 |
| Section A |
| Max Shares Authorised for Purchase |
34,242,209 |
| Purchase By Market Acquisition |
Yes |
| |
Singapore Exchange |
Oversea Exchange |
| Date of Purchase |
May 16, 2016 |
|
| Total Number of share purchased |
300,000 |
|
| Number of shares cancelled |
0 |
|
| Number of shares held as treasury shares |
300,000 |
|
| Price Paid per share |
| Price Paid per share |
SGD 0.23462 |
|
| Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares |
70,604.41 |
|
|
| 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 |
300,000 |
0.0876 |
| By way off Market Acquisition on equal access scheme |
0 |
0.0 |
| Total |
300,000 |
0.0876 |
|
| Section D |
| Number Of Issued Shares Excluding Treasury Shares After Purchase |
171,201,041 |
| Number Of Treasury Shares Held After Purchase |
3,999,000 |