REPL::Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice 23 January 2024
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
06-Feb-2024 22:21:56
Status
Replacement
Announcement Sub Title
Daily Share Buy-Back Notice 23 January 2024
Announcement Reference
SG240123OTHR0K32
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
23/01/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
Please note that Sarine Technologies Ltd. has completed its equal access share buyback offer and has bough back 3,999,874 shares out of the 4,000,000 shares it offered to buy back.
Please note that this announcement was slightly amended on February 6, 2004 (a change of 200 shares in the number of treasury shares held after purchase - correction of a clerical error which took place in a buy-back announcement which was posted on December 19, 2023 - and was carried forward since then).
Additional Details
Start date for mandate of daily share buy-back
24/04/2023
Section A
Name of Overseas exchange where company has dual listing
Tel Aviv Stock Exchange
Maximum number of shares authorised for purchase
17,446,614
Purchase made by way of market acquisition
No
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
1,586,300
0.46
By way off Market Acquisition on equal access scheme
3,999,874
1.16
Total
5,586,174
1.63
#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
343,659,561
Number of treasury shares held after purchase
13,152,774
Related Announcements
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