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
12-Aug-2014 19:58:23
Status
New
Corporate Action Reference
SG140812DVCAXLGA
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2014
Declared Dividend Rate (Per Share)
USD 0.03

Event Narrative

Narrative Type
Narrative Text
Additional TextThe Board of Directors has declared an interim dividend of USD cents 3.0 per ordinary share for the half-year ended June 30, 2014, constituting a USD cents 2.0 dividend as per the stated dividend policy, and an additional special interim dividend of USD cents 1.0.

Event Dates

Record Date and Time
20/08/2014 17:00:00
Ex Date
18/08/2014

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Gross Rate (Per Share)
USD 0.03
Net Rate (Per Share)
USD 0.03
Pay Date
29/08/2014
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities