REPL::Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy Back Notice 20 April 2020
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
23-Apr-2020 20:26:10
Status
Replacement
Announcement Sub Title
Daily Share Buy Back Notice 20 April 2020
Announcement Reference
SG200420OTHRCJ78
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
20/04/2020 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. This announcement was amended on 23 April, with regard to the buy-back date (correction of a clerical error)
Additional Details
Start date for mandate of daily share buy-back
30/04/2019
Section A
Maximum number of shares authorised for purchase
35,059,572
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase
20/04/2020
Total Number of shares purchased
50,000
Number of shares cancelled
0
Number of shares held as treasury shares
50,000
Price Paid per share
Price Paid per share
SGD 0.22
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 11,026.79
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 Acquisition
513,800
0.12913
By way off Market Acquisition on equal access scheme
0
0
Total
513,800
0.12913
#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
350,061,926
Number of treasury shares held after purchase
3,589,800
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