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-Aug-2017 17:14:20
Status: New
Corporate Action Reference: SG170808DVCACQGK
Submitted By (Co./ Ind. Name): Amir J. Zolty
Designation: Company Secretary
Dividend/ Distribution Number: Not Applicable
Dividend/ Distribution Type: Interim
Financial Year End: 31/12/2017
Declared Dividend/ Distribution Rate (Per Share/ Unit): USD 0.02

Event Narrative

Narrative Type	Narrative Text
Additional Text	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: 24/08/2017 17:00:00
Ex Date: 22/08/2017

Dividend Details

Payment Type: Payment Rate in Gross
Taxable: Yes
Tax Rate (%): 20
Gross Rate (Per Share): USD 0.02
Net Rate (Per Share): USD 0.016
Pay Date: 08/09/2017
Gross Rate Status: Actual Rate
Country of Income: Israel

Attachments

Announcement re Dividend Taxation 8August2017.pdf

Total size =239K

Related Announcements

Related Announcements: 23/08/2017 20:17:03

Applicable for REITs/ Business Trusts/ Stapled Securities