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
24-Dec-2014 00:01:12
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice
Announcement Reference
SG141223OTHRH3D8
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
23/12/2014 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 acquisiton.

Additional Details

Start date for mandate of daily share buy-back
29/04/2014

Section A

Name of Overseas exchange where company has dual listing
N/A
Maximum number of shares authorised for purchase
34,814,730
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase23/12/2014
Total Number of shares purchased500,000
Number of shares cancelled0
Number of shares held as treasury shares500,000
Highest/ Lowest price per share
Highest Price per shareSGD 2.4
Lowest Price per shareSGD 2.1805
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 1,155,623

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 Acquisition500,0000.14
By way off Market Acquisition on equal access scheme00
Total500,0000.14
#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
348,171,205
Number of treasury shares held after purchase
500,000