27 January 2012
ASX Announcement Off-market Buy-backSignature Capital Investments Limited (Company) has today confirmed the Buy-Back Price for the Off- market Buy-Back and transferred sufficient cash funds to an AUD account in order for the payment proceeds for the Buy-back to be made by the registry on 31 January 2012.
Reported
AUD terms
Equivalent
USD terms
As at 31 December 2011 (unaudited)
NTA ($M) 73.631 74.779
NTA per share ($) 0.36579 0.37150
Buy-back price ($) 0.35847 0.36407
AUD:USD 1.0156
AUD:EUR 0.7847
AUD:GBP 0.6589
USD 91.2%
EUR 2.9%
GBP 3.5%
AUD 2.4%
Total 100.0%
Rates at 27 January 2012 for
foreign exchange adjustment
AUD:USD 1.0672
AUD:EUR 0.8172
AUD:GBP 0.6815
The post-tax NTA (unaudited) at 31 December 2011 (the Pricing Date) was A$0.36579 per share (or an equivalent US$0.37150 per share), reflecting the valuations of the Company's investments at the Pricing Date.
The Buy-back price (before any FX adjustment) was A$0.35847 per share (or an equivalent US$0.36407 per share), reflecting a 2% discount to NTA.
The exchange rates at 27 January 2012 for the purposes of the foreign exchange adjustment to AUD were as set out above. The Buy-back price to be paid to exiting shareholders after the FX adjustment is A$0.34152 per share (or an equivalent US$0.36447 per share).
Signature Capital Investments Limited