WD::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Security
SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
08-May-2019 10:46:05
Status
Withdraw
Corporate Action Reference
SG190505DVCAMH1F
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
31/12/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.01

Event Narrative

Narrative Type
Narrative Text
Narrative versionFurther to the Company's dividend announcement of 25 February 2019, please see attached a detailed explanation with regard to the tax deductions applicable to such dividend and to the mechanisms available to shareholders who assert that they are subject to a lower tax rate.

Event Dates

Record Date and Time
08/05/2019 17:00:00
Ex Date
07/05/2019

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
20
Gross Rate (Per Share)
USD 0.01
Net Rate (Per Share)
USD 0.008
Pay Date
17/05/2019
Gross Rate Status
Actual Rate
Country of Income
Israel

Reason(s) for Withdrawal

Reason(s) for Withdrawal
Replaced by an announcement dated May 8, 2019.

Attachments

Announcement_re_Dividend_Taxation_5_May_2019.pdf
Total size =155K

Related Announcements

Related Announcements

05/05/2019 16:51:20

Applicable for REITs/ Business Trusts/ Stapled Securities