Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice 18 May 2022
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-May-2022 23:56:01
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice 18 May 2022
Announcement Reference
SG220518OTHRDUV4
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
18/05/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
Please note that Sarine Technologies Ltd. bought back 14300 shares today.
Additional Details
Start date for mandate of daily share buy-back
26/04/2022
Section A
Name of Overseas exchange where company has dual listing
Tel Aviv Stock Exchange
Maximum number of shares authorised for purchase
17,554,514
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase
18/05/2022
18/05/2022
Total Number of shares purchased
14,300
0
Number of shares cancelled
0
0
Number of shares held as treasury shares
14,300
0
Price Paid per share
Price Paid per share
SGD 0.46
ILS 0
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 6,596.2
ILS 0
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
180,500
0
By way off Market Acquisition on equal access scheme
0
0
Total
180,500
0
#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
351,107,175
Number of treasury shares held after purchase
4,570,700
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