Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy Back Notice 16 April 2020
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
16-Apr-2020 17:49:43
Status
New
Announcement Sub Title
Daily Share Buy Back Notice 16 April 2020
Announcement Reference
SG200416OTHR1VQQ
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
16/04/2020 17:00:00
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
30/04/2019
Section A
Maximum number of shares authorised for purchase
35,059,572
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase
16/04/2020
Total Number of shares purchased
200,000
Number of shares cancelled
0
Number of shares held as treasury shares
200,000
Price Paid per share
Price Paid per share
SGD 0.215
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 43,099.99
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
463,800
0.116572
By way off Market Acquisition on equal access scheme
0
0
Total
463,800
0.116572
#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
350,131,926
Number of treasury shares held after purchase
3,539,800
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