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

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Securities
SARINE TECHNOLOGIES LTD - IL0010927254 - U77
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
28-May-2015 21:05:44
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice
Announcement Reference
SG150528OTHREPP8
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
28/05/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
Daily share buy-back made by way of market acquisition

Additional Details

Start date for mandate of daily share buy-back
20/04/2015

Section A

Name of Overseas exchange where company has dual listing
N/A
Maximum number of shares authorised for purchase
34,888,829
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase28/05/2015
Total Number of shares purchased30,000
Number of shares cancelled0
Number of shares held as treasury shares30,000
Highest/ Lowest price per share
Highest Price per shareSGD 1.995
Lowest Price per shareSGD 1.985
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 59,879.41

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 Acquisition1,253,1000.36
By way off Market Acquisition on equal access scheme00
Total1,253,1000.36
#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
349,025,411
Number of treasury shares held after purchase
1,253,100