Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - Daily Share Buy-Back Notice - 18 June 2018

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
18-Jun-2018 19:15:11
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice - 18 June 2018
Announcement Reference
SG180618OTHRSOLU
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
18/06/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
Daily share buy back by way of market acquisition

Additional Details

Start date for mandate of daily share buy-back
24/04/2018

Section A

Maximum number of shares authorised for purchase
35,134,212
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase18/06/2018
Total Number of shares purchased48,500
Number of shares cancelled0
Number of shares held as treasury shares48,500
Highest/ Lowest price per share
Highest Price per shareSGD 0.895
Lowest Price per shareSGD 0.865
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 43,164.1

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 Acquisition503,5000.143
By way off Market Acquisition on equal access scheme00
Total503,5000.143
#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
350,838,626
Number of treasury shares held after purchase
2,783,500