Share Buy Back - Daily Share Buy-Back Notice::Share Buy-Back - 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
27-May-2018 16:08:48
Status
New
Announcement Sub Title
Share Buy-Back - Daily Share Buy-Back Notice
Announcement Reference
SG180527OTHROLC6
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
28/05/2018 00:01:00
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 Purchase25/05/2018
Total Number of shares purchased50,000
Number of shares cancelled0
Number of shares held as treasury shares50,000
Price Paid per share
Highest Price per shareSGD 1
Lowest Price per shareSGD 0.99
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 49,765.7

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 Acquisition250,0000.0712
By way off Market Acquisition on equal access scheme00
Total250,0000.0712
#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
351,092,126
Number of treasury shares held after purchase
2,580,000